Business Specialties
C&W Secures $11M Loan for FL Business Park
The long-term, fixed-rate mortgage came with pre-payment flexibility and an interest-only period. The borrower, KEI Properties, purchased the asset for $14.5 million in 2016.
Foundry Commercial to Relocate Nashville Office
The firm will occupy 3,000 square feet at The Pinnacle at Symphony Place, a 29-story skyscraper in the city’s South of Broadway district.
100 KSF Self-Storage Facility Opens in Westwood, NJ
The 916-unit asset located in the historic downtown of Westwood marks the 37th Extra Space Storage facility of The Hampshire Cos.
Prologis Sells Iconic San Diego Asset
Voit Real Estate Services arranged the sale of the 102-year-old Sante Fe Depot, which offers mixed-use development opportunities. Heritage Architecture & Planning will be in charge of restorations.
Crescent to Manage Homewood Suites by Hilton Columbus/OSU
The Virginia-based company will run the 109-key hotel in Ohio. Homewood Suites by Hilton Columbus/OSU is in close proximity to the Ohio Stadium.
Medical Device Manufacturer Building New Facility in SC
Arthrex intends to invest $30 million in its fourth U.S. plant. The new 200,000-square-foot facility in Sandy Springs is expected to create more than 1,000 jobs in the near future.
Daimler AG to Invest $1B in AL Mercedes-Benz Facility
The German automaker will produce electric SUVs under the EQ sub-brand by 2020. Plans also call for a global logistics center, an after-sales North American hub and an electric battery factory near the Tuscaloosa facility.
L&L Holding Tops Out Manhattan Office Tower
The company added the final beam of steel to 390 Madison Ave., a 32-story Midtown East building offering more than 860,000 square feet.
Trammell Crow Kicks Off 500 MSF Oakland Industrial Complex
The developer teamed up with Principal Real Estate Investors for the construction of San Leandro Business Center, a three-building spec project in San Leandro, Calif.
New Homewood Suites Expands San Jose Portfolio
Located in the heart of Silicon Valley, the 145-key hotel extends Hilton’s NorCal Homewood portfolio. The extended stay facility features a unit mix of studio, one- and two-bedroom apartments.