Keith Loria
Marriott Expands Modular Construction Initiative
The hospitality giant hopes to utilize the prefabrication process on roughly 13 percent of all deals for the region this year, which would be an industry first in North America.
Office Outlook Positive for 2017
We’re still witnessing a ‘flight to quality’ mentality among tenants, but vacancy rates are inching higher as new deliveries are outpacing demand, according to JLL’s most recent study.
Two DC Office Buildings Sell for $259M
Westbrook Partners and TIER REIT sold the two buildings to UNIZO Holdings after completing significant repositionings of the buildings. The transaction reflects TIER REIT’s continuing strategy of exiting non-target markets.
Flex-N-Gate Breaks Ground on $95M Detroit Plant
The 350,000-square-foot facility, which is slated for completion by early next year, will become a new centerpiece to the city’s growing I-94 Industrial Park.
Honeywell Taps M Moser To Develop New Atlanta Tech Building
The new office will support Honeywell’s evolution towards becoming recognized as a software business and serve to better showcase its leadership.
Investcorp Adds $160M to Chicago, Boston Portfolios
The company has acquired six industrial properties totaling approximately 1.8 million square feet of warehouse and distribution space.
JLL Handles 1 MSF Maryland Redevelopment Listing
The firm is working on behalf of AEW Capital Management and Manekin Corp. to market the 60-acre logistics property along the Baltimore-Washington corridor.
Caterpillar Unveils New HQ Location
Establishing the headquarters closer to a global transportation hub means the firm can meet with international customers, dealers and employees more easily and frequently.
Highly Coveted Orlando Mall Hits the Market
Sand Lake Corners North, shadow-anchored by Wal-Mart, is currently 92 percent occupied, with a majority of long-term leases from longstanding tenants.
Brooklyn Lots, Warehouse Sell Well Above Asking Price
The property’s new owner is planning to replace the existing structure with a synagogue and either apartments or a hotel.