Business Specialties
Lincoln Property JV Snags Historic SF Office Property
The firm purchased 332 Pine St. in a partnership with Rockwood Capital. The nine-story property comprises 51,522 square feet and last traded in 2014 for $22.2 million.
Kespry Introduces Drone-Based Roof Inspection Solution
The company’s new product employes radiometric temperature analysis, which provides actionable data to property managers, owners and insurers.
JV Celebrates Milestone for 4.2 MSF DC-Area TOD
The Meridian Group and Kettler have topped out on the structures comprising the 1.7 million-square-foot first phase of the transit-oriented development in Tysons, Va.
Duke Realty to Build 618 KSF Cincinnati-Area Facility
Design Within Reach will be the lone tenant in the upcoming property. The industrial development is scheduled for completion in early 2019.
KAMCO, 90 North Buy $75M Ohio Office Complex
In one of the city’s biggest deals this year, the firms completed the acquisition of two office buildings fully leased by the Cincinnati Children’s Hospital for use as its Operations Center through 2032.
Griffin-American REIT Buys $24M MOB in Seattle
Virginia Mason Health System and Swedish Health Services are among the tenants of the 1991-built property. The buyer financed the acquisition using cash on hand and borrowings.
Choice Opens 2 NC Hotels
The new locations in Charlotte and Matthews each offer 122 keys, as well as convenient access to and from the Charlotte Douglas International Airport.
Brookfield to Buy Forest City in $11.4B Deal
Scheduled to close during the fourth quarter, the deal would expand Brookfield’s holdings in multiple property types and cap Forest City’s lengthy makeover strategy.
CRE Investment and the Blockchain: A Transactional Perspective
Vasiliki Yiannoulis of Withers’ real estate law practice discusses this new technology’s potentially disruptive impact on the industry over the next few years.
What Does the T-Mobile/Sprint Merger Mean for Wireless Tower REITs?
Following the merger, the tower operators would generate most of their domestic revenue from only three major tenants, which Moody’s believes could increase the new entity’s negotiating power.