Business Specialties
JLL to Lease Planned Industrial Asset in NJ
Upon completion in June 2019, Onyx Equities’ distribution center will bring 120,000 square feet of Class A space to the Route 17 corridor.
Plaza Properties Offloads Northern AL Shopping Center
The retail asset, which contains more than 100,000 square feet, is almost fully leased to a range of long-term tenants.
First JW Marriott Hotel Coming to Tampa Bay
The 519-key luxury property is part of the downtown Water Street Tampa development and is slated for completion in 2020.
Kimco Sells 370 KSF Midwest Shopping Center
Chase Properties and DRA Advisors used a $40 million Wells Fargo loan to fund the acquisition of Primrose Marketplace, an open-air retail property in Springfield, Mo.
JV Buys Class A Office in Downtown DC
Following the $100 million acquisition, DSC Partners and Wafra Inc. intend to reposition the 178,000-square-foot asset with a $5 million upgrade program.
AccorHotels to Buy Mövenpick Hotels for $560M
The acquisition will enhance the Paris-based global hospitality company’s presence in Europe, as well as its footprint in emerging markets of the Middle East, Africa and Asia-Pacific.
Spec Industrial Development Coming to Orlando
McCraney Property Co. and Clarion Partners are teaming up to create 652,696 square feet of warehouse space on 44 acres of land in the metro’s industrial growth epicenter.
Summit Design + Build Transforms Chicago Mixed-Use Project
The Clybourn corridor development was originally designed as a 10-story retail and apartment building but due to zoning issues it will be turned into a two-story retail and creative office space.
Amazon Signs 430 KSF Lease in Boston
The e-commerce giant will occupy an entire building within the Boston Seaport development, a 23-acre, 7.6 million-square-foot mixed-use development.
The Transformative Power of Adaptive Reuse
Creating a second life for aging urban properties can offer benefits on multiple fronts, boosting economic development, sustainability and civic identity.