Business Specialties
RCM-SIOR Report: Strong Industrial Investment to Continue
The e-commerce boom, particularly in last-mile facilities, and economic expansion are among the drivers cited by participants in the annual survey.
HFF Arranges $110M for Denver Mixed-Use Project
Continuum Partners will use the loan to retire the existing construction financing. A Block consists of roughly 55,000 square feet of office, plus a 200-key hotel and ground-level retail space.
Manhattan Office Project Lands $187M Construction Financing
The developers, a joint venture comprising Normandy Real Estate Partners and Columbia Property Trust, will use the loan for the construction of a $300 million project in Midtown South.
The Hampshire Cos. Brings New Storage Facility to CT
The company launched a 712-unit, climate-controlled facility located in Hartford, roughly 2 miles from the city’s downtown. Extra Space Storage serves as property manager.
Equus Capital Acquires Suburban Philly Office Building
The Class A asset serves as the U.S. headquarters for Endo Pharmaceuticals and is part of the newest office complex in the Malvern/Exton submarket, Atwater Corporate Center.
Heslin Holdings Acquires Tucson Retail Asset
The acquisition is part of the company’s plan to invest $75 million in shopping centers across the nation during the next year.
Marcus & Millichap Sells Indianapolis Retail Development
The property is part of The Village at Eagle Creek shopping center and was put under contract before it was completed earlier this year.
ICSC to Open New HQ in New York City
The global retail association will occupy a full floor at 1251 Avenue of the Americas, owned by Mitsui Fudosan America Inc.
Berkeley Partners Acquires FL Industrial Portfolio
The three properties are located within the Park Central Business Park campus in Pompano Beach. Institutional Property Advisors arranged the deal on behalf of the seller.
Berkadia Arranges $56M for IL Mixed-Use Development
The firm’s Hotels & Hospitality group represented Marquette Cos. The refinancing comes as the construction of the Water Street District project nears completion.