Business Specialties
ITG Brands Renews 238 KSF Industrial Lease in Tampa
The renewal marks the largest transaction of the past 12 months in the Tampa Bay industrial market. Cushman & Wakefield represented the owner in the negotiations.
Upbeat Outlook for Office Investment: Report
The Mid-Year Office Investor Sentiment Report by Real Capital Markets finds investors are looking to make deals, with $200 billion in dry power yet to be deployed in commercial real estate.
World’s Biggest Offshore Wind Turbine, Blade Ready for Testing
One Haliade-X 12MW turbine can generate up to 76 gigawatt-hours of gross annual energy production and save up to 42 million metric tons of carbon dioxide.
Rockefeller Group Inks 139 KSF Industrial Lease
Protempo US Ltd. has joined existing tenant Home Chef in the distribution building in San Bernardino, Calif., which is now fully occupied. 4F Capital purchased a neighboring asset last year.
The Transformation of the DFW Suburbs
Walkable mixed-use projects are springing up in the Dallas-Fort Worth suburbs, which are also dominating the metro’s office pipeline. Eric Stanley of Bright Realty sheds light on the trend, as well as on the strategy behind the company’s 324-acre live-work-play community.
Hines Throws Hat Into Coworking Ring
The firm is the latest big name to enter the field and will introduce its platform at office properties in two markets.
Urban Commons Unveils World’s Largest Holiday Inn Resort
The company invested $27.5 million to renovate a former Nickelodeon Suites property, which spans 24 acres and offers 777 suites in Orlando.
PCCP JV to Build 725 KSF Indianapolis Industrial Project
The company has teamed up with Strategic Capital Partners to develop a new phase of Metro Air Business Park in Plainfield, Ind.
Fort Lauderdale Shopping Center Sells for $39M
Marcus & Millichap represented both parties involved in the deal. Walmart’s first supercenter in the city shadow anchors the Class A, 103,452-square-foot regional mall.
NAREE Report: The Next Evolution of Flexible Space
Open-space strategies are expanding in coworking and permanent office configurations alike, as tenants demand new options for work, as well as the incorporation of natural light and other wellness features.