Business Specialties
Partnership Buys 213 KSF Dallas Industrial Asset
Corinth Land Co. and Prattco Creekway Industrial purchased Northgate Business Park in a transaction that marks the joint venture’s fourth and largest acquisition.
JEMB Realty Scores $235M Loan for Brooklyn Office Project
JLL Capital Markets arranged construction financing for the 34-story high-rise located in the borough’s downtown area. The tower already has two anchor tenants.
Atlanta Retail Asset Trades for $12M
GDC Properties sold a Walgreens-anchored 45,279-square-foot shopping center in the city’s Cascade corridor. A private investor purchased the asset using a Deutsche Bank loan.
Taco Bell Cantina Debuts in NYC
The fast-food franchise’s new location will be strategically situated in a highly transited Manhattan corridor and will welcome its first customers by the end of this year.
Suburban Atlanta Office Lands 40 KSF Tenant
The Dilweg Cos. owns the 140,000-square-foot office mid-rise in Decatur. The property, home to Wells Fargo and Emory University, is 81 percent leased.
Chicago Trading Co. Expands in Windy City
CBRE represented the tenant in the 114,186-square-foot lease renewal and expansion, marking the seventh transaction closed this year at the property.
Strategic Storage Trust IV Grows Portfolio
The REIT has expanded its footprint with a 66,400-square-foot storage facility located in North Las Vegas, roughly 10 miles from downtown.
Johns Hopkins, IBM Team to Upgrade Solar Forecasts
Several institutions will work on a new weather prediction system said to reduce errors by up to 20 percent. This could save power grid operators tens of millions of dollars per year.
764 KSF Industrial Portfolio Changes Hands in Charlotte
An HFF team facilitated the sale of two Class A buildings on behalf of The Keith Corp for $70.5 million.
Lingerfelt CommonWealth Buys Kansas City Office Tower
The acquisition, made in a joint venture with CrossHarbor Capital Partners, marks the commercial real estate investment firm’s entrance into the Midwestern city’s office market.