Business Specialties
Flank, Marriott Open GA Hotel
The 179-key Perry Lane Hotel is situated in the heart of Savannah and occupies the site of a former parking lot.
AY Closes $8M Sale of WPB Office Asset
Carrier Corp. is the only tenant of the 37,392-square-foot The Atrium. The asset changed hands within 45 days of hitting the market.
AEW Sells NJ Retail Center for $42M
ShopRite is Wall Towne Center’s largest tenant, making the roughly 100,000-square-foot property the only grocery-anchored retail center along Route 34.
Skanska Invests $41M in Poland Office Campus Expansion
The High5ive complex will be the largest office development in the city of Krakow, totaling around 753,000 leasable square feet across five buildings.
Retail Properties of America Sells Last Office Asset
Schaumburg Towers in Schaumburg, Ill. comprises 895,400 square feet across 20 floors and sold for $86.6 million, a $51.4 million difference since the company purchased the campus in 2004.
Meridian Arranges $240M Loan for NYC Office Tower
The Hakimian Organization will utilize the proceeds to refinance 636 11th Ave., a 560,000-square-foot property fully leased to advertising and public relations firm Ogilvy & Mather.
Charles Schwab Opens 50-Acre Campus, Expansion to Follow
San Francisco-based Charles Schwab opened its new 469,000-square-foot campus in Austin, Texas, as it aims to expand its presence in the state.
Vornado to Exit Troubled Kushner Building in NYC
Kushner Cos. will buy out Vornado Realty Trust’s nearly one-half interest in the 666 Fifth Ave. office condominium, as a sale of a similar stake to another mega-investor reportedly is pending.
Top 8 Office Completions in Kansas City
During the last 12 months, the metro added almost 1 million square feet of new office space, most of the projects favoring the dynamic College Boulevard business corridor in the Overland Park submarket.
Tampa Office Sector Ready for New Development
JLL Senior Vice President Ron Ruffner and David Jacobson of the Jacobson Family explain why timing is perfect for new office projects in the Central Florida market.