Business Specialties

Bridge Development, Bentall Kennedy to Bring Cold Storage to GA

The partnership will develop a 285,000-square-foot build-to-suit, cold storage facility for Frozen Assets Cold Storage in Savannah, Ga.

CODA Management Eyes Self Storage Makeover for Vintage Ohio Property

The company plans to remodel an 88,000-square-foot building in downtown Toledo into a Class A facility. The redevelopment is slated for completion next year.

JV Breaks Ground on GA Spec Facility

A partnership of Lincoln Property Co. and Crow Holdings Capital Real Estate broke ground on a 251,000-square-foot industrial development in Lithia Springs. Completion is slated for summer 2019.

Mission Capital Arranges $13M Loan for Chicago Retail Asset

The owner, an affiliate of the Sterling Organization, will use the financing to recapitalize the vacant property, which is part of the Magnificent Mile.

Johnson Controls Expands HVAC Line

New rooftop units meet stringent standards set by DOE and the Consortium for Energy Efficiency.

Does Competition Ease Transmission Bottlenecks?

Opening up the selection process for upgrades could cut both electric bills and project costs, concludes The Brattle Group’s new study.

Missner Group Starts Chicago Office Redevelopment

The seven-story building in the West Loop, which used to be the home of clothes manufacturer Oxxford, will be turned into a modern, nine-story office property.

Record-Setting CA Battery Projects Advance

In a first, the Northern California installations will replace power provided by several conventional gas-fired plants.

Academy on Vine

Netflix Preleases Hollywood Office Project

The entertainment giant has leased more than 350,000 square feet at Kilroy Realty’s Academy on Vine mixed-use development. Occupancy is expected to begin in phases in 2020.

The Courtyard by Marriott Newport

MCR, BLT Close $648M Hotel Portfolio Financing

A Bank of America-led consortium provided the funding, which is secured by a 53-property, 5,958-key collection of lodging properties operating under the Marriott and Hilton brands.