Business Specialties
Ventas Reveals $800M in Projects for Research & Innovation Business
The four university-related developments, totaling 1.3 million square feet in Pittsburgh, Philadelphia and St. Louis, are part of a $1.5 billion construction pipeline with Wexford Science & Technology.
Dallas Office Campus Changes Hands
The nearly 170,000-square-foot property is located across from the Dallas Midtown redevelopment site at the Valley View Mall, where two major mixed-use projects are planned.
Ares Management JV Buys Boston Office Property for $110M
The company has teamed up with Accordia Partners to acquire 2 Morrissey Blvd., a five-building campus offering 425,000 rentable square feet.
Cushman & Wakefield Brokers $36M Business Park Sale in Jacksonville
Senior Director Karl Johnston of the company’s Capital Markets Group, along with leasing representative Senior Vice President Mark Scott of Foundry Commercial, arranged the deal on behalf of the seller.
Courtyard by Marriott in Virginia Sells for $20M
Excel Group’s purchase of the 191-key Courtyard by Marriott Springfield marks the seventh major transaction for the company in the last year.
Single-Tenant SoCal Industrial Asset Changes Hands
Alere Property Group paid $11.4 million to SENTRE for the 56,190-square-foot building located close to John Wayne airport in Orange County.
ULI White Paper Guides Sustainability Over Entire Property Cycle
A new document from the institute’s Greenprint Center for Building Performance sets out 11 steps for greater environmental sustainability—from property acquisition to getting ready to sell.
Woodside Health Sells Mixed-Use Florida MOB
Tidegate Capital purchased the roughly 23,600-square-foot Indian River Medical Building & Apartments in Vero Beach, which includes medical office space and 14 residential units.
SoCal Hotel Lands $44M Construction Loan
Acres Capital Corp. will use the financing to complete and stabilize a 233-key property in Arcadia, Calif. Le Meridien by Marriott International is set to be a four-star property.
Grappling With Cyber Threats in a Smart Building Era
In a Realcomm panel in Nashville, Tenn., experts hashed out the implications of new privacy regulations and the growing array of risks as people and properties get more connected.