Business Specialties
JV Plans New Office Building in Philly Sports Complex
Comcast Spectacor and The Cordish Cos. recently announced that they will build Pattison Place, a 200,000-square-foot premier asset adjacent to their Xfinity Live! mixed-use complex.
Sitex Group Acquires NJ Industrial Facility
A private investor sold the 100,000-square-foot Carlstadt property. The transaction marks the buyer’s third recent acquisition in the area.
San Jose Office Asset Commands $63M
The Muller Co. teamed up with CIGNA Investment Management to purchase the 104,000-square-foot Century Plaza. Cushman & Wakefield negotiated the deal.
Stanley Black & Decker Expands TX Footprint
The manufacturer of industrial tools and household hardware is taking space at a new 1.2 million-square-foot regional distribution center at Alliance Northport in Northlake.
Purple USA Relocates, Signs New Manhattan Lease
The lifestyle communications and public relations agency will occupy the entire 13th floor of GFP Real Estate’s Chelsea building.
Invesco, SteelWave Kick Off $200M OC Project
Dubbed The Press as an homage to its former use as a printing press warehouse, the mixed-use development will encompass 420,000 square feet of office space and retail.
How Mobility Shifts Shape CRE
Cushman & Wakefield offers a deep dive into the impact of ridesharing, electric vehicles and self-driving cars on the real estate sector.
Nashville Hotel Development Lands $29M Loan
Tharaldson Hospitality Management’s Staybridge Suites will include 163 guestrooms. The project kicked off last summer, following the demolition of a fire station.
Atlanta Office Asset Commands $58M
The seller, Lone Star Funds, had acquired the 18-story Class A property from U.S. Bank for $47.3 million in 2015.
Ranking the World’s Top Tech Cities
A surge in coworking costs combined with significant strategic decisions made by big players last year contributed to surprising results in a new study from Savills.