Business Specialties
Raleigh-Area Homewood Suites Opens Doors
Parks Hospitality Group owns and operates the 108-key, all-suite hotel. The ground-up, six-story construction project kicked off in early 2017.
Silicon Valley Office Campus Lands $71M Refi
CBRE has arranged the financing on behalf of Rockwood Capital and Four Corners Properties, the owners of The Junction at Montague, a four-building, 262,110-square-foot property in San Jose, Calif.
Greenfield Partners Sells Baltimore-Area Office/Flex Asset
The Class B facility located in Columbia, Md., traded for $5 million. The new owner occupies roughly 84 percent of the property.
Miami-Area Shopping Complex Fetches $12M
Walmart is the anchor tenant of the 2016-built Palmetto Design Plaza and has 17 years remaining on its lease with 16 five-year options.
PCCP Shells Out $127M for Miami CBD Office Tower
CBRE facilitated the disposition of SunTrust International Center on behalf of seller Crocker Partners, while Invesco Real Estate provided acquisition financing.
Silicon Wafer Innovation Hailed as Breakthrough
Gridtential’s Silicon Joule technology offers new options for microgrids, electric vehicles and other applications.
Irvine Co. Boosts SoCal Grid With Electric Hybrids
A 21-building Orange County portfolio will contribute as much as 10 megawatts during peak demand.
New Platform’s Goal: Improved Pricing, Transparency
Tradition Energy unveils an online portal that reduces the steps required to source price quotes from multiple suppliers.
Broome Storage to Develop Tampa Facility
The firm has received rezoning approval for a five-story self-storage development located across from Westshore Marina District, a $600 million master-planned community.
New York’s Battle Plan for Greenhouse Gases
The state’s strategy for slashing emissions has implications for investors and property managers nationwide.