Business Specialties
Hines to Bring 1.5 MSF Logistics Park to Houston
The upcoming development will span 107 acres near the Sam Houston Race Park and will include industrial space, a retail center and a business-class hotel.
Thyssenkrupp Goes Big, Tall With $200M HQ in Atlanta
The “urban mobility” company’s new complex will house at least 900 employees and will include a high-rise elevator test tower, all near SunTrust Park, home of the Atlanta Braves.
MetLife Investment Management Buys Boston Office Asset for $97M
Standing in for Normandy Real Estate Partners and Westbrook Partners, NKF Capital Markets arranged the sale of the 247,500-square-foot property at 89 A St. in Needham, Mass.
Faris Lee Makes New Hire
As senior managing director of capital markets, Jay Quinn will be responsible for debt and equity finance transactions across the U.S.
Asana Partners Buys LA Mixed-Use Portfolio
Engine Real Estate traded The Fig Collection at Highland Park for more than $23 million. The three-property portfolio includes multifamily, retail and office space.
Jacksonville CBD Office Tower Fetches $25M
The 18-story building underwent an expansive improvement program under the management of LNR Partners. The special servicer sold the asset with the help of Ten-X.
JV Acquires 350 KSF DC-Area Retail Center
GBT Realty Corp. teamed up with Equity Resource Investments and Avante Financial Group to buy Ellsworth Place in Silver Spring, Md. The asset was 93 percent leased at the time of sale.
Detroit Becomes Chemical Bank’s New Home
The company relocated its regional headquarters to its current downtown location and is set to develop a 20-story building at the corner of Woodward Avenue and Elizabeth Street.
MCR Buys $18M DC-Area SpringHill Suites
Located in Fairfax, Va., the 140-key hotel underwent $1.4 million worth of renovations last year. The six-story building dates back to 2009.
ROOT Expands Montreal Data Center Capacity
The company’s facilities run almost entirely on hydroelectric power. The 16,000-square-foot campus has a power usage effectiveness of less than 1.15.