Business Specialties
Cardinal Industrial Nabs South Texas Facilities
The assets, located in McAllen and Pharr, total more than 450,000 square feet, spread across 25.8 acres. JLL brokered the deal.
Thor Equities Buys First Boston-Area Asset
The company is continuing its expansion in the Northeast. Norwood Medical Center offers 92,000 square feet of medical office space across three stories.
Holiday Inn to Open 2nd Saigon Hotel
The 300-key property will offer quick access to Tan Son Nhat Airport and is also set to include retail and lifestyle venues.
NKF Capital Markets Secures Loan for Large Self-Storage Deal
The 22 facilities total more than 1 million square feet and are located in nine metros in Florida, Oklahoma and Texas.
Homewood Suites Opens at Southdale Center
Simon—the owner and operator of the regional mall and mixed-use complex in Edina, Minn.—developed the 146-key all-suite hotel in a joint venture with Noble Investment Group.
National Storage Affiliates Acquires KS Facility
The firm added 409 units to its portfolio. The property is located in Wichita, Kan., some 6 miles from downtown.
Should You Turn Your Leases Green?
The Institute for Market Transformation’s Alexandra Harry discusses what to consider.
Schneider Electric Rolls Out New Line of Meters
Avoiding outages, interrupted operations and damaged equipment is the goal of the PowerLogic ION9000.
Crossborder Capital Flows in US Real Estate Markets
Chris Nebenzahl of Yardi Matrix offers an analysis of what’s driving increased competition for deals among offshore capital providers.
Why Private Equity Likes Sale-Leasebacks
Industrial assets are particularly ripe for this type of transaction, having accounted for more than half of deal volume in the first half of 2018, up from 35 percent in 2017, noted Krupa Shah, senior vice president of JLL’s capital markets group.