Business Specialties
BLT Enterprises Acquires CA Manufacturing Facility for $31M
The 221,660-square-foot industrial property is the only facility larger than 200,000 square feet in the North San Diego submarket.
DataBank Adds Third Data Center in Kansas City
KC3 will be interconnected via dark fiber to the company’s existing facilities in the area. The data center currently provides 3 megawatts of IT capacity with a possible expansion of up to 8 megawatts.
Financing Strategies for Assets in Transition
With ample capital to deploy and fewer opportunities for placing it, investors and lenders are giving increased attention to well-located adaptive reuse projects with compelling narratives. Mitch Paskover of Continental Partners offers tips for telling a property’s story.
Google Continues Buying Spree with $1B Purchase
In this record-breaking transaction, the internet giant bought the 51.8-acre Shoreline Technology Park near its Googleplex headquarters from HCP Inc.
$115M Construction Loan for Anaheim Luxury Hotel
At 12 stories, the new Radisson Blu will feature 326 keys, and the development will be one of the tallest ever in the Disneyland market.
Tru by Hilton Breaks Ground in NC
Located in Burlington, N.C., this is Parks Hospitality Group’s second property to bear this brand. Completion is expected in late 2019.
Marcus & Millichap Brokers IL Self Storage Sale
The company’s Tampa and Chicago Oak Brook offices facilitated the sale of the 261-unit self storage property located in Granite City, Ill.
JLL Secures Financing for Houston Facility
Central Southwest Texas Development received the loan for the construction of a 132,350-square-foot self storage development in Houston’s Westchase submarket.
Net-Lease Pendulum Swings
Stan Johnson Co. Managing Director Brad Feller describes the single-tenant sector’s balancing act as conditions start favoring buyers.
Eastward Ho! The Next Wave in DTLA’s Resurgence
In an exclusive podcast interview, Kennedy Wilson VP of Brokerage Justin Weiss outlines the unique factors that have accelerated mixed-use development in downtown Los Angeles and describes what to expect as the submarket’s boom continues.