Business Specialties
Clipper Group to Relocate, Consolidate Houston HQ
JLL’s Eugene Terry represented Clipper Americas, a subsidiary of the Clipper Group, in the lease negotiations with landlord Moody Rambin.
Benjamin West Tapped to Oversee FF&E for 69-Hotel Portfolio
Various Marriott and Hilton properties are set to undergo around $200 million in renovations, including $70 million in new furniture, fixtures and equipment.
JV Arranges $109M Refi of Multi-State Facilities
Working on behalf of a partnership of investors advised by JP Morgan Asset Management and IDI Logistics, Cushman & Wakefield secured the loan for the refinancing of eight properties located in Illinois, Ohio, Texas and California.
Amerlux Introduces Beautifying LED Lamp
The High Bay 202 pendant has a color rendering index of up to 90, which enhances customers’ perception of colors for fresh grocery products as well as clothing.
Brookfield Strikes Deal to Acquire Rest of GGP
The combined company will have ownership interests in some $90 billion worth of assets and an annual net operating income of more than $4 billion.
Graham Commercial Sells North FL Industrial Assets
Interstate South Commerce Center encompasses more than 260,000 square feet across six building, currently leased to notable tenants including Honeywell and Lennar.
Murphy Development Trades $27M San Diego Property
The industrial asset, which contains more than 165,000 square feet, sits within a mile and a half of the U.S.-Mexico border.
JV to Build 752 KSF Industrial Campus in Vegas
The three-building campus is SunCap’s third development in Las Vegas, and will be located at the intersection of North Las Vegas Boulevard and North Lamb Boulevard.
TriGate Capital Buys Tampa Industrial Asset
The 368,081-square-foot asset marks the company’s second acquisition within the Tampa market. Big Box Property sold the building for $20.3 million.
Why Investors Need to Roll Up Their Sleeves
Alex Horn, BridgeInvest’s founder & managing partner, discusses the alternative lending environment and evaluates how the financing needs of small-property borrowers changed in the years following the recession.