Business Specialties
$330M Atlanta Project Reaches Milestone
The Allen Morris Co. will get a key tax abatement from Fulton County for Star Metals Atlanta, a mixed-use project in the city’s West Midtown district.
DAUM Commercial Secures 10-Year Lease in Chandler, AZ
The company worked on behalf of Advanced Circuits to relocate the circuit manufacturer’s Arizona operations. The move is expected to bring 150 new jobs to the area.
Avison Young Brokers Manhattan Retail Lease
Midtown Hardware will occupy roughly 3,500 square feet at a property that The Episcopal Church owns in Midtown East. The 11-story building also includes office space.
Hilton Nashville Green Hills Welcomes First Guests
The property, situated just 5 miles from the city’s central business district, is the only full-service hotel in the area.
Toll Brothers Relocates PA Headquarters
The company leased an entire 163,000-square-foot office building in Fort Washington, Penn., and will move its 900 employees in the fall.
Digital Realty Expands Singapore Footprint With 50 MW Facility
The company will construct an additional, multi-story data center, comprising 365,973 square feet of leaseable space, at its Loyang campus. The facility will benefit from its proximity to the Changi North cable landing station.
EQ Office Sells Seattle-Area Campus for $51M
NKF brokered the sale of the 175,546-square-foot Class A Canyon Pointe office property in Bothell, Wash., which is fully occupied by T-Mobile.
Vornado Completes $168M Manhattan Office Refi
The newly constructed 170,000-square-foot property in the Meatpacking District had been fully preleased before completion. Aetna took the office space, while the property also features one of the world’s largest Starbucks.
Ivanhoé Cambridge, Oxford Properties Invest in IDI Logistics
The two Canadian pension funds formed a joint venture to share ownership of the Atlanta-based firm, a leading developer and manager of logistics real estate in the U.S.
First Dark Spots on the Global CRE Map
RICS Economist Tarrant Parsons comments on investor sentiment around the world and notes which markets are showing the first negative readings in the past two years in a new podcast hosted by Senior Writer Alexandra Pacurar.