Allison Landa
HFF Arranges $114M for Six-Property Industrial Portfolio
The facilities are located in Georgia, Illinois, Ohio, Pennsylvania and Texas and total 4.7 million square feet.
Denholtz Completes 311,876 SF of Leasing in Second Quarter, with Renewals Showing Particular Strength
According to Denholtz CEO Steven Denholtz, the firm is optimistic that this pace will continue.
Grubb & Ellis to Add $182M in Properties to Apartment REIT
Grubb & Ellis Apartment REIT Inc. has entered into definitive agreements to acquire nine multi-family properties from affiliates of MR Holdings, L.L.C. and substantially all the assets of Mission Residential Management, L.L.C., the property management business of Mission Residential.
Work Underway on $202.7M FDA Building Outside Washington, DC
The project is part of the General Services Administration’s nearly $1.2 billion FDA headquarters consolidation endeavor.
Economy Watch: Government Takes Another Crack at Mortgage Woes
The Federal Housing Administration has unveiled another government effort aimed at dealing with the aftereffects of the housing bubble.
Xebec Plans 350,000 SF Distribution Facility on Southern California Land
Dan Vittone, Al Pekarcik and Nick Frasco of Voit Real Estate Services’ Irvine office, along with Paul Earnhart and Steve Haston of Lee & Associates, represented both buyer and seller.
Kennedy Wilson and Partner Purchase 400-Unit Suburban L.A. Multi-Family Property for $81.5M
The real estate investment company joined forces with RECP/Urban Partners and Capri Capital Partners L.L.C., which acted on behalf of Capri Urban Investors L.L.C., to purchase the property from California Urban Investment Partners for $81.5 million.
Tennessee Town to Play Home to New $120M Whirlpool Manufacturing Facility
The international home appliances manufacturer and marketer, which presently has a century-old facility in Cleveland, looked around before deciding to rebuild in the city instead of constructing in a new locale.
Economy Watch: Pending Home Sales Surprise With Uptick
The National Association of Realtors said on Thursday that its pending home sales index increased in July to 79.4, a rise of 5.2 percent.