Brokerage
SoCal MOB Lands $25M Loan
The approximately 40,000-square-foot asset was subject to a fixed-rate construction loan. Keystone Mortgage Corporation will oversee financing.
Richmond Shopping Center Lands 4 New Tenants
The upcoming Brandy Creek Commons shopping center will be anchored by a 50,000-square-foot Publix supermarket. Divaris’ Richmond office inked four new leases, bringing the property to 92 percent occupancy. The project is slated for completion in the fall of 2018.
Baltimore’s Stadium Square Lands 35 KSF Co-Working Space
Amsterdam-based company Spaces will join Janney Montgomery Scott, a national financial services company, which recently moved into the project’s first office building.
Principal Life Insurance Renews Fort Worth Lease
Principal Life Insurance Co. has renewed its 17,000-square-foot lease at One Rigmar Centre in Fort Worth, Texas. JLL negotiated the lease renewal on behalf of the tenant, while Navstar Commercial represented the landlord.
Maximizing Value: Why Corporate Sale-Leasebacks Are a Win-Win for Investors, Occupiers
Faced with uncertainty regarding interest rates, tax reform and other critical issues, investors are looking to take advantage of the current low interest-rate environment and deploy capital.
Seda Packaging Renews WI Lease with HSA Commercial
The 61,162-square-foot space for which the agreement was signed is part of a multi-tenant industrial building within Park 94 in Mount Pleasant, Wisc.
Stream Tapped to Lease Dallas-Area Industrial Facility
Morgan Stanley appointed Stream Realty Partners as leasing manager of Eagle Park 20/35. The 454,408-square-foot industrial property in DeSoto, Texas, was completed last year.
IKEA Leases 1.7 MSF in TX, CA
The Swedish furniture retailer leased two distribution centers in Baytown, Texas, and American Canyon, Calif. Each project will create around 200 jobs.
Irvine Opens New Chicago Office, Makes Promotion
Beau Rawi, promoted to regional vice president of leasing, together with the company’s Executive Vice President Pamela Van Nort, will lead the team working from the new regional office.
Intervala Inks New Long-Term Lease with RIDC
The high-tech electronics manufacturing company signed a five-year agreement for 135,000 square feet at the newly-rehabilitated Keystone Commons in Turtle Creek, Pa.