Business Specialties
JV to Create Upscale Hotel Brand in Japan
An exclusive joint venture of Hotel Okura Co. and Trinity Investments LLC has revealed its plan to bring a new luxury brand to Japan’s hospitality market.
JV to Develop 110 KSF Spec Industrial Asset in SC
The speculative building will occupy 17 acres in Dillon, S.C., located within the 331-acre site adjacent to Interstate 95 and Highway 34 and close to the upcoming Dillon Inland Port.
Orlando Retail Center Lands $22M in Financing
CBRE negotiated the loan on behalf of Unicorp National Developments Inc. for its Westside Shoppes in Windermere, Fla. The 68,346-square-foot retail center is fully leased.
MD MOB Breaks Ground
Construction of the 595,744-square-foot health care facility is underway. Located at the Capital Center in Largo, Md., the project is expected to be completed by 2020.
NJ Retail Center Welcomes New Tenant
Goldfish Swim School will occupy 8,100 square feet at the Eastman Cos.-owned The Shoppes at the Livingston Circle in Livingston, N.J., which added multiple new tenants over the past few months.
C&W Tapped to Lease NJ Office Portfolio
Onyx Equities and Garrison Investments appointed the firm as leasing manager for a recently purchased four-building office portfolio located in Bergen County, N.J.
Griffin Sells DreamWorks Animation HQ for $290M
Newmark Knight Frank represented the seller but also arranged the financing for the buyer, LA Hana OW LLC, an entity of Hana Asset Management and Ocean West. The property is 100 percent triple-net leased through 2035 to the studio.
JV Buys FedEx Office Headquarters in Metro Dallas
A nearly $80 million purchase got PRP and AXA Investment Managers – Real Assets a fully leased building in the still-growing Legacy West project. The seller was KDC Real Estate Developments & Investments.
LG Signs 410 KSF New Jersey Industrial Lease
The building is situated on approximately 28 acres and boasts a number of sought-after industrial features. CBRE represented the owner in the transaction and LG Electronics was represented by JLL.
Kimco to Build $110M Shopping Center in Baltimore Area
The company will erect the 575,000-square-foot Mill Station on the land that had been home to the now-demolished Owings Mills Mall.