Business Specialties
HPI Horne Storage to Build San Antonio Facility
The partnership has closed on its first self-storage development, a 134,000-square-foot facility situated 17 miles from downtown San Antonio.
Stability Encumbers CMBS Market
Forged out of crisis and sharpened during a cycle of frenetic activity, the CMBS market is struggling to adjust to a period of relative calm, observes Yardi Matrix Associate Director of Research Paul Fiorilla.
Manhattan to House Convene’s Largest Location
The flexible workplace provider will occupy four floors within the Brookfield Properties-owned One Liberty Plaza., joining tenants like Aon, Business Insider and New Avon.
Top 10 Office Projects Under Construction in Ohio
The state’s office market is expected to recover this year. There are 20 projects totaling roughly 1.8 million square feet scheduled for completion by the end of 2018, more than double the deliveries of 2017.
NAI Hiffman Arranges Lease for SLAS
Senior Vice President Perry Higa represented the tenant in its headquarters relocation from Saint Charles to an office building in Oak Brook, Ill.
Westwood Financial Acquires AZ, GA Retail Centers
In a deal totaling $66.2 million, the company bought Boardwalk at Andersen Springs in Chandler, Ariz., and Decatur Crossing in Decatur, Ga. HFF arranged the financing for both purchases.
ANSYS Expands Pittsburgh HQ Space
The company will be leasing an additional 31,000 square feet at Zenith Ridge in Southpointe II, a luxury office campus, where it currently occupies 186,000 square feet.
Hilton Divestment Vindicates Blackstone’s Patience
Analysts outline how the company followed up on the unification of Hilton’s domestic and international sides, and why the investor’s moves have paid off so well.
UBS Trades DC Office Asset for $54M
Representing the property owner, HFF secured a buyer for the 110,000-square-foot building and orchestrated acquisition financing on behalf of the investor.
Retail Owners Bet Big on Makeovers
RECon attendees detailed strategies for major renovations and reported renewed interest in the sector from institutional capital sources.