Business Specialties
Why Private Buyers Lead the Net-Lease Pack
JLL Capital Markets Senior Vice President Eric Suffoletto explains why private capital is outpacing REITs, institutional investors and other players in the single-tenant space.
First SCP Hotel to Open in Colorado Springs
The SCP Hotel Colorado Springs features 98,000 square feet of space including a 12,000-square-foot health and wellness venue, a 2,000-square-foot lobby, a 500-square-foot meeting room and a 1,000-square-foot fitness center.
Nektar Therapeutics Trades AL R&D Facility
The building, constructed in 2000, is part of Huntsville’s Cummings Research Park and contains more than 50,000 square feet of office, laboratory, production and research space.
Hospitality Properties Trust Buys Minneapolis Hotel
The Radisson Blu Minneapolis Downtown features 29,000 square feet of meeting and event space and offers convenient access to the Minneapolis—St. Paul International Airport.
Lee NYC to Lease Redeveloped Victoria Theater’s Retail Component
Upon completion, the former vaudeville house will bring 400,000 square feet of apartments, hotel as well as cultural and arts space to Manhattan’s Harlem neighborhood.
Buchanan Street Partners Buys $28M Las Vegas Office Portfolio
The four buildings within Green Valley Corporate Center North are approximately 65 percent occupied. The new owner will increase income by marketing the vacant spaces within the offices.
Digital Realty Opens 3rd Toronto Data Center
The facility is designed to meet growing demand for IT solutions in the region. It will feature 23 computer rooms between 8,600 and 13,000 square feet, with 2N resiliency.
Bellomy & Co. Facilitates Houston-Area Transaction
The company has brokered the sale of a 465-unit self-storage facility located in The Woodlands, Texas. The brokerage team represented the seller and procured the buyer in the deal.
Core5 Inks 417 KSF Lease at TX Logistics Center
Online retailer VMInnovations will occupy more than half the space at Core5 Logistics Center at Wintergreen starting in August of this year.
PEBB, Tortoise Acquire Fully Leased FL Office Asset
Cushman & Wakefield negotiated the transaction on behalf of seller RAIT Financial Trust and arranged $28.6 million in acquisition financing on behalf of the buyer/borrower.