Laura Valean
Laura Valean is an Executive Editor with Commercial Property Executive and Multi-Housing News. She has a 12-year background in broadcast media and joined the CPE-MHN team in 2016. Laura edits in-depth stories on key trends shaping the commercial and multifamily real estate industries, coordinating a team of experienced writers. She also hosts award-winning podcast shows for both brands, including Mission Success: Women in Multifamily, NAA Insights, FTI Experts’ Hub, RICS Monitor and CREW Up. Laura holds a B.A. in Journalism and an M.A. in Media Management. She can be reached at📧 laura.valean@cpe-mhn.com
MPT to Invest $1.6B in Multi-State Hospital Portfolio
To retire an existing term-loan debt, Prospect Medical Holdings entered into a sale-leaseback agreement with the trust. The deal involves assets in California, Connecticut and Pennsylvania.
KC’s Crown Center Nabs New Tenants
Local group PB&J Restaurants will replace the 8,400-square-foot Milano Italian Dining with a Burnt End BBQ restaurant and a full-service Starbucks.
SPP Breaks Ground on Tampa Office Project
The city’s first downtown trophy office tower in more than 25 years, 1001 Water is part of the 56-acre Water Street Tampa development reshaping the urban waterfront.
EXAN Capital Buys DC Trophy Office Asset for $119M
Akridge and Alcion Ventures sold the 104,000-square-foot property at 1701 Rhode Island Ave. NW, formerly known as the YMCA National Capital building. Coworking giant WeWork occupies the entire structure.
CPE Podcast: What’s Changing in Executive Compensation Trends
FTI Consulting Managing Director Jarret Sues provides details about executive pay levels for the first 30 self-managed REITs that filed their proxy statements. Tune in to find out how REITs allocated additional pay in 2019!
Mixed-Use Development Opens in Suburban Kansas City
Developed by a Copaken Brooks joint venture, The District at City Center Lenexa includes 30,000 square feet of retail space, 175 apartments and 45,000 square feet of office space.
Miami’s Regatta Harbour: Old Meets New
Otto Boudet-Murias and Eduardo Garcia, principals at The TREO Group, discuss how waterfront development is rejuvenating Miami’s Coconut Grove neighborhood.
Inland Empire Manufacturing Facility Changes Hands
Precision Screen & Security acquired the former Watson Laboratories facility in Corona. The Class A industrial asset traded for $26.5 million.
Richmond Industrial Facility Trades in $9M Deal
CBRE brokered the sale-leaseback transaction on behalf of locally based seller Pohlig Brothers Packaging. STAG Industrial Holdings purchased the 110,000-square-foot asset.
Metro Phoenix Creative Office Sells for $46M
EverWest and CarVal Investors completed the sale of The Circuit, a 185,000-square foot, fully occupied adaptive reuse project in Tempe, Ariz.