Business Specialties
The Projects That Will Reshape Charlotte
The metro is going through a development boom, with millions of square feet of new commercial space sprouting up and thousands of residential units underway. Charlotte Chamber representatives, organizations and private developers revealed the reasons behind the city’s beehive status.
CPPIB Takes Minority Stake in JBG Smith’s DC Office Development
The $101 million investment represents a 45 percent interest in the property. Construction on 1900 N St. N.W. started in the second quarter of 2017 and is expected to be completed by 2020.
Park Hotels & Resorts Sells Off $317M in Non-Core Assets
The publicly traded lodging REIT—a spinoff of Hilton Worldwide—divested 11 properties, mostly overseas, significantly reducing its exposure in international markets.
Mercedes-Benz Begins Construction of New 200 KSF Office
The firm’s financial services branch aims to move into the build-to-suit property, situated within a mile of its current location in Fort Worth, Texas, in early 2019.
CT Office, Distribution Center Changes Hands for $15M
The 260,000-square-foot building in Meriden, Conn., is fully occupied by two companies owned by Sports Direct: Bob’s Stores and Eastern Mountain Sports.
Fort Lauderdale Sheraton Sells, Gets New Management
Everwood Hospitality Partners acquired the 263-key hotel which features more than 10,000 square feet of meeting rooms and event space.
Majestic Signs 1st Tenant for WI Development
CTDI will move into more than 160,000 square feet of the distribution center, which opened in late 2016. The firm plans to hire 150 new employees in the space.
Wilcoxon Leases 45 KSF in MD Technology Park
The firm will move roughly 100 employees from Germantown, Md. to the 84,240-square-foot flex/R&D building, which is part of the Riverside Technology Park in Frederick.
Flix Brewhouse to Anchor TX Retail Center
The pedestrian-friendly, outdoor retail center is spread across 63 acres at Interstate 10 and Paseo del Norte in El Paso, Texas, and is slated for completion in early 2019.
Caliber, Habitat Metro Acquire 8 AZ Assets
The new owners are planning to redevelop the downtown Mesa historic buildings, as part of the city’s revitalization project.