Business Specialties
Turner, AC Martin Win $520M CA State Project
The State of California Department of General Services chose the longtime partners to take on the design-build responsibilities for the new headquarters of the Department of Natural Resources in Sacramento.
Kite Trades 2 Retail Assets for $63M
The company sold Trussville Promenade and Memorial Commons, two shopping centers totaling nearly 600,000 square feet. The Trussville deal marks the company’s exit from the Alabama market.
Austin AT&T Hotel Expansion Completed
The property now features an additional 30,000 square feet and a 4,000-square-foot mural by Brooklyn-based artist José Parlá.
Castellum to Redevelop Landmark Stockholm Building
The Sweden-based firm is set to invest more than $35 million to transform a 124,000-square-foot property in central Stockholm for office use.
QTS Renews Leases at One of the World’s Largest Data Centers
The new deals bring the weighted average remaining lease term to four years at QTS Metro Atlanta. QTS owns an adjacent, 17-acre plot of land which could be developed as needed into another facility.
Seattle-Area Class A Office Asset Trades for $15M
PJP Group LLC has acquired the 41,405-square-foot, 100 percent leased office building in Kirkland at a record price per square foot.
CenterPoint IL Spec Building Fully Leased
The building, situated within the CenterPoint Intermodal Center-Joliet/Elwood, comprises 751,622 square feet and was leased to a home improvement retailer and CTDI.
Radisson Opens New Hotel in Eastern KS
The Country Inn & Suites in Lawrence features 89 guestrooms and is located within four miles of the University of Kansas.
DoubleTree by Hilton Greensboro Receives $21M Refi
Milestone Hospitality Management will use the non-recourse loan to refinance the 175-key hotel’s existing financing and to fund a brand-required property improvement program.
CRE Tech Sector Headed for Defining Moment
2017 proved an active year in commercial real estate technology, according to CREtech’s 2017 End-Year Report, and greater advances are on the horizon as the sector nears a tipping point in its lifecycle.