Evelina Croitoru
Lincoln Property Co. Nabs LA-Area Office Tower
The firm and its partner Long Wharf Capital acquired the 101,526-square-foot office tower and plans to renovate and reposition the asset.
Business Property Trust Sells 3 Self-Storage Facilities in Arizona
The facilities, totaling 1,111 units, traded for the combined purchase price of $8.6 million. All assets are well located within the Tempe Town Lake/Rio Salado district.
Lotte Chemical Relocating HQ to LA
The company will relocate its corporate headquarters from Houston to Lake Charles, where it is building the largest monoethylene glycol plant in the U.S.
HealthStream Inks Lease at Nashville’s Capitol View
The company is planning on relocating its headquarters and 340 of its employees, while maintaining the existing offices operational. The new location is expected to open in April 2019.
Ansley Atlanta Real Estate Relocates HQ to Buckhead
The residential real estate company will double its physical headquarters and grow the firm’s staff. Buckhead will enable Ansley to occupy a high-profile space and allow for the company’s rapid growth, supporting 82 agents.
Star Snacks Announces $18M Facility in Georgia
The company will be developing a 200,000-square-foot facility that will lead to the creation of 115 jobs, including positions in manufacturing and processing.
The Hotel of Avalon Celebrates Topping Out
The new 330-key hotel anchoring Avalon will open its doors in early 2018. Stormont Hospitality Group joined hands with North American Properties and the City of Alpharetta to develop the $112 million project including Alpharetta Conference Center.
Greysteel Opens First NYC Office
In order to accommodate the company’s continuing growth throughout the Mid-Atlantic, Greysteel will be opening a new location in Brooklyn Heights. The new office will be co-led by Michael Stimler and Ari Firoozabadi.
Virtua to Develop SpringHill Suites Hotel in Avondale
A Virtua Partners-sponsored hotel will break ground this November, with entitlements currently being processed though the City of Avondale. The 130-key room property is part of a 58-acre mixed-use project.
Speculative 1.7 MSF Distribution Center Coming Near Port of Savannah
CRG is developing two industrial buildings totaling 1.7 million square feet, while the company’s architecture subsidiary Forum is designing both facilities. The project will benefit from the proximity of the Port of Savannah and is set to bank on the widening of the Panama Canal.