Business Specialties
JV to Build 340 KSF Warehouse in Charleston
North Signal Capital and Westport Capital Partners have broken ground on a 340,000-square-foot build-to-suit facility for Science Applications International Corp. Bank of America provided financing for the project, which is situated within North Pointe Commerce Park.
NAI Closes North Jersey Industrial Lease
The tenant, a newly formed industrial tire supply company, will occupy nearly half of the building, which totals more than 65,000 square feet.
Cousins Sells Orlando Portfolio for $24M
CBRE brokered the sale and arranged $18.3 million in acquisition financing on behalf of buyer-borrower Realty Capital Commercial Real Estate Advisors.
Skanska to Build Seattle-Area Schools for $78M
The company signed a contract with the Central Kitsap School District to construct a new middle school and high school in Silverdale, Wash. The facilities are expected to become operational in the 2019-2020 academic year and serve 2,100 students.
Hilton Garden Inn Changes Hands in Maine
Dover Properties LLC sold Hilton Garden Inn Freeport Downtown, a 99-key asset dating back to 2005, located within a 20-minute drive of Portland.
Marcus & Millichap Completes Sale of U Storage OK
The firm represented both the seller and the buyer in the sale of the 134,318-square-foot self-storage facility, located in Edmond, a suburb of Oklahoma City.
Star Grill Cinema Signs Long-Term Lease at CityPlace in TX
The project will feature laser projection technology, heated and cooled luxury recliner seating, large-format movie screens, Dolby Atmos sound and upscale, modern décor.
Green Street Snags SunPower PV Projects in NYC
First up will be a 918-kilowatt rooftop system in Queens, scheduled for an April 1 construction start and completion by late spring.
Rocky Mountain Power to Invest $1.5B in Wind
The electric company will expand its current wind generating capacity by about 60 percent, as part of its Energy Vision 2020 initiative.
JPMorgan Chase Inks 437 KSF Lease in Redeveloped NYC Tower
The company will occupy 16 office floors and two street-level retail spaces at 390 Madison Ave. in Midtown Manhattan. L&L Holding Co. and Clarion Partners are currently transforming the original mid-20th century building into a futuristic 32-story high-rise.