Business Specialties
Simon, Macerich to Develop LA-Area Retail Project
The 566,000-square-foot outlet center in Carson, Calif., will be constructed in two phases and is expected to open in fall 2021.
SunCap Trades GA Industrial Asset for $61M
Monmouth Real Estate Investment Corp. picked up the nearly 375,000-square-foot FedEx Ground distribution center, which opened this summer northeast of Atlanta.
Thor Equities Inks Lease at Historic Manhattan Building
The former Engineering Societies’ Building used to be home to a 1,000-seat auditorium and one of the largest engineering libraries of the world.
HFF Secures Financing for Denver Shopping Mall
The company worked on behalf of the borrower to arrange the fixed-rate loan for the multi-tenant property, whose roster includes Target, Chipotle and Great Clips.
Jacksonville Office Complex Commands $30M
Berkadia arranged the acquisition financing on behalf of the new owner. Summit at Southpoint was 82 percent leased at the time of sale.
STAG Acquires San Antonio-Area Industrial Facility
JLL Industrial Capital Markets arranged the sale on behalf of the previous owner, Colimar Inc. Located at 802 Trinity St., the property comprises 270,084 square feet of manufacturing and logistics space.
WAC Lighting Introduces New Line of LED Luminaires
The Oculux Architectural LED light fixtures, designed to be cost-effective, are IC-rated, airtight and suitable for both interior and exterior environments.
Barings Sells OC Trophy Office Tower
Atrium, a 303,000-square-foot building in Irvine, Calif., last changed hands in 2000. NKF Capital Markets arranged the deal on behalf of the seller.
Cabot Properties Buys Chicago-Area Industrial Park
The nearly 900,000-square-foot property in Cicero, Ill., comprises one complete, fully leased building and two in-progress facilities that are slated for delivery by August 2019.
Missner Groups Adds Tech Tenant in Chicago Suburb
Application Software Technology will move into its new space at the Olympian Office Center once the landlord finalizes the build-out.