Business Specialties
Lexington Realty Trust Signs 21 KSF Tenant in Houston
The tenant, a home construction firm, will occupy the first floor of the REIT’s 155,000-square-foot office building in the Energy Corridor submarket.
New Soccer Stadium Breaks Ground Adjacent to COTA
The new Austin Bold FC soccer stadium, located adjacent to Circuit of The Americas, is scheduled for delivery at the start of the 2019 season.
Crocker Partners Buys $55M Orlando Office Portfolio
Wells Fargo Bank provided financing to facilitate the acquisition of Northpoint Center. The three-building asset encompasses roughly 335,000 square feet in Lake Mary.
St. John Properties Inks 3 Baltimore-Area Leases
The firm signed American Pool Enterprises, USA Marble and Granite LLC, as well as Erickson Living to new spaces totaling 35,000 square feet.
The Hampshire Cos. Expands Storage Footprint
The company has added 767 self storage units to its portfolio in Millburn, N.J., approximately 20 miles from New York City.
Tech Office Leasing in NYC Continues at Torrid Pace
Office leasing in Manhattan by tech companies exceeded 1 million square feet for the ninth consecutive year, according to CBRE.
Hyatt Regency Expands in China
Located in the center of Xuzhou, the development includes more than 8,000 square feet of event space, as well as 25 suites, four executive suites and a presidential suite.
PNY Technologies Sells NJ Industrial Property
In a sale/leaseback deal arranged by Cushman & Wakefield, Turnbridge Equities and Harbor Group International have acquired a 540,103-square-foot building in Parsippany.
Belay, Harbor Associates Buy 2 Office Assets for $57M
In separate joint ventures, the partners acquired properties totaling 302,000 square feet in Denver and the suburban Los Angeles city of Glendale, Calif.
Swinerton Breaks Ground on 200MW SoCal Solar Project
Upon completion in 2019, Swinerton Renewable Energy’s Imperial County facility is expected to generate enough energy to power roughly 70,000 homes.