Business Specialties
Hines Appoints New Managing Director, Head of India Platform
Amit Diwan will be responsible for managing the expansion of the business by raising and deploying international and domestic capital into both commercial and residential developments.
Miami Tower Lands 2 New Office Tenants
A Transwestern team led by Glenn Gregory and Christopher Dubberly closed the two leases, totaling 32,500 square feet, in the Class A office skyscraper.
MCSS Continues Expansion in South Florida
The 77,500-square-foot facility is located in Miami. The company plans to develop more than 1.5 million square feet of storage space in South Florida.
Boston Office Complex Welcomes New Tenant
Salsify Inc. announced its relocation from 3 Center Plaza to Rockpoint Group’s two-building 75-101 Federal St. property to accommodate its growth.
601W Cos. Welcomes New Tenant at Chicago’s Aon Center
The Telos Group represented the landlord in closing a lease with Kemper Corp. for two floors. This marks the first major deal since the tower’s renovation started.
What to Expect From CRE Valuations
BDO USA’s Bob Martinek and John Provenzano examine current commercial real estate valuations and reveal which sectors they believe still have room for growth.
JLL Adds 1.3 MSF to CA Management Portfolio
Cypress Equities purchased Burbank Town Center two years ago and Glendale Marketplace in 2013. The company invested $60 million in the renovation of the first retail asset.
Hyatt Adds $3B Atlantic City Resort to Unbound Collection
Scheduled to open this summer, the Ocean Resort Casino marks the rebirth of the trophy property originally known as the Revel.
Cleveland-Cliffs Breaks Ground on $700M Toledo Plant
The facility is scheduled to start operation by the summer of 2020 and create 130 new jobs. Construction of the project, situated at the Ironville Terminal in the Port of Toledo, is expected to generate an additional 1,200 jobs.
Tuft & Needle’s Phoenix HQ Trades for $9M
In 2012, the e-commerce and manufacturing firm acquired and completely renovated the iconic building in the city’s downtown area. Retail Realty Fund now purchased the entire 36,000-square-foot property from SimonCRE.