Business Specialties
Multiplex Completes $154M Australian Hospital
The global contractor is delivering what reportedly is the largest-ever health infrastructure investment in the region, twice the size of the facility it is replacing.
Ocean Bank Provides $60M Loan for Miami Retail Center
Borrower Kendall Village Associates, an entity of Berkowitz Development Group, will utilize the proceeds to refinance the 256,000-square-foot Kendall Village Center mixed-use shopping destination.
Cushman & Wakefield to Market DFW Data Center
The facility received a complete upgrade following its acquisition by Ascent. The company added reinforced concrete and blast doors, making the data center capable of withstanding EF5 tornadoes.
Managing Cyber Risk in Commercial Real Estate
Unlike the high-profile financial services, health-care and retail industry victims that have traditionally been exploited, the real estate industry is—mistakenly—perceived as far easier to crack.
Apartment Income Investors Trades Inland Retail Asset
A private investor paid $24 million for the roughly 100,000-square-foot Thomas Winery Plaza in the Inland Empire in an all-cash transaction.
Tempe Office Building Changes Hands
JLL represented the seller, Hannay Realty Advisors, in its disposition of Warner Courtyards. The former owner will continue to manage the asset.
Warfield Cos. Buys, Rebrands Historic Complex
The property comprises 12 buildings, three of which have been renovated and leased. The new owner will add a strong residential component and rename the complex Warfield at Historic Sykesville.
Crown Realty Buys $32M OR Office Property
Sunset Corporate Park III in Hillsboro comprises more than 100,000 square feet and is 100 percent leased to Wells Fargo. NKF arranged the deal on behalf of the seller.
Transwestern Completes Full-Building Phoenix Lease
Desert Canyon 300, a three-story, 150,000-square-foot Class A property, will serve as the tenant’s new information technology corporate office.
Coworking Goes Corporate
What began as a short-term solution for small start-ups has expanded into the corporate world, saturating the entire office market. Will coworking become the new norm for office space?