Business Specialties
JV Announces Adaptive Reuse Development in Nashville
Partners FCP and Third & Urban have acquired a former industrial site for $13 million, with plans to transform the property into creative office space and retail.
Real Estate and Innovative Tech: A Love Story
NOOS Lab’s Matthieu Merchadou Melki and Saul Ewing Arnstein & Lehr’s Louis Archambault evaluate how emerging technologies influence the industry. The two also share their predictions for the future of real estate development.
The Mele Group Brokers Sale of Phoenix-Area Storage Facility
The Tampa-based team facilitated the sale of a newly built asset in Mesa, Ariz. The transaction marks the team’s 33rd self-storage deal this year.
Work Perks
What kinds of services really matter to your customer? CPE and Kingsley Associates explore which services and amenities tenants really want in their office buildings.
Greenstreet Growers Introduces Plant-Based Air Purifier
Brēth’s proprietary technology filters and purifies the surrounding air through photosynthesis, eliminating harmful indoor pollutants. The toxins are delivered to the plant’s roots and converted into nourishing compounds.
Exan Capital Snags $121M DC Office Tower
Located in the East End submarket, Executive Tower comprises 130,000 square feet across 11 stories. The seller, JBG Smith, previously purchased the asset back in 2013 for $63 million.
Digital Realty to Acquire Ascenty for $1.8B
The San Francisco-based REIT is teaming up with an affiliate of Brookfield Asset Management to buy the Brazilian data center provider.
Host Hotels & Resorts Announces Two Major NYC Sales
The company sold the New York Marriott Marquis retail, theater and signage in a $442 million deal, as well as the W New York – Union Square, in a separate transaction.
Thyssenkrupp Secures $130M Hudson Yards Contract
The Germany-based company will design and install more than 100 elevators and escalators across Related Cos. and Oxford Properties Group’s 18 million-square-foot, mixed-use development on Manhattan’s Far West Side.
Miami Storage Facility Lands $10M Construction Loan
Walker & Dunlop worked with Generation4 Partners to structure the financing for the development of a seven-story self storage facility in the metro’s Wynwood neighborhood.