Business Specialties
Hawkeye, Choice to Open 100-Key Minneapolis Hotel
The six-story Cambria property will be situated in city’s theater district, near major sports stadiums including Target Center, Target Field and U.S. Bank Stadium.
Urban Logistics Asset Coming to the Bronx
A joint venture between Innovo Property Group and Square Mile Capital Management will develop the 700,000-square-foot transit-oriented property, slated to open in 2020.
Strive Logistics Relocates Chicago HQ to NEWCITY
The transportation service company is set to occupy the new space this fall. CBRE negotiated the lease on behalf of the tenant and landlord.
Cushman & Wakefield Lines Up $415M Refi for NYC High-Rise
Angelo Gordon & Co., Normandy Real Estate Partners and George Comfort & Sons are the owners of the 750,000-square-foot property at 575 Lexington Ave. in Midtown Manhattan.
Major Industrial Park Coming to Texas
Stonemont Financial broke ground on a 540-acre project in El Campo. Ridgeline Property Group serves as the developer, while NAI James E. Hanson and NAI Partners are in charge of marketing the campus.
Philadelphia Office Building Trio Lands $355M Refi
NKF Capital Markets worked on behalf of Nightingale Properties and Wafra Capital Partners to secure loans for 1835 Market St., 1635 Market St. and 1500 Spring Garden.
Boston-Area Retail Asset Changes Hands for $6M
Built in 1958, the fully occupied property is within a 40-minute drive north of downtown Boston and comprises 30,000 square feet.
Baceline Investments Grows Retail Portfolio
The firm purchased four shopping centers located in Wisconsin, Texas, Tennessee and Utah, spending a total of $18 million on 131,000 square feet of leasable space.
Sun Life Offloads NC Office Portfolio
The transaction, valued at more than $30 million, includes approximately 223,000 square feet near Raleigh-Durham. The seven buildings in the deal will soon undergo renovation work.
TS Partners Lands $23M Loan for TX Office Park
Meridian Capital Group arranged the 10-year CMBS loan on behalf of the firm for Cedar Ridge Office Park in Southlake, which comprises 129,000 square feet.