Business Specialties
Autonomous Vehicles, Hyperloop to Amplify Disruption of Built Environment
Dave Clute, chief marketing officer of intelligent building management platform CohesionIB, shared insights about the growing impact of transportation-related technology on real estate at Realcomm in Las Vegas.
Kansas City University Breaks Ground on New Facility
The 56,000-square-foot Center for Medical Education Innovation will feature standardized patient rooms, high-fidelity simulation rooms, a skills simulation deck and a simulation command center.
Montecito Medical Expands TN Footprint
The newly constructed medical office building, situated southwest of downtown Nashville, contains more than 20,000 square feet and is fully leased to Saint Thomas Health.
Stockbridge Lands $47M Loan for FL Office
Earlier in January, the owner paid $41.1 million to acquire the 24-story tower and a connected two-story building in Fort Lauderdale’s central business district from U.S. Bank.
Rockefeller Group, Mitsubishi Sell Boston Trophy Tower
TA Realty arranged the $418 million sale of 28 State St., a 479,000-square-foot office building in the city’s Financial District. According to published reports, Heitman Capital Management is the new owner.
Keystone Property to Build Philly Corporate HQ
SORA West, the transit-oriented development the company is developing in Conshohocken, Pa., is set to become the corporate headquarters of Fortune 500 company AmerisourceBergen.
Panattoni Breaks Ground on OC Industrial Facility
The company, in partnership with Principal Real Estate Investors, is set to develop a four-building property located on the border of Placentia and Anaheim, Calif.
Robertson Properties Grabs LA Retail Financing
The owner landed $21 million for the building comprising more than 50,000 square feet, which is fully leased to Ralphs grocery store.
CyrusOne Acquires 70-Acre Site for 2nd Phoenix Facility
The upcoming data center will eventually deliver up to 198 megawatts of critical IT power. The company’s campus will be located within the Mesa Elliot Technology Park, a 270-acre master-planned mixed-use project.
TerraCap Trades Orlando Office for $28M
When the company purchased the asset for $9.3 million in 2014, the building was 26 percent leased. Following a series of renovations, Keller Center has reached full occupancy.