Business Specialties
Blackstone Buys Clarion Events
Established in 1947, the London-based event organizer boasts roughly 950 employees in 13 offices across the globe. The transaction includes an option for Clarion to reinvest part of the disposition proceeds into the events company.
Park Assist: Guiding Users to Available Parking
The technology digitally monitors spots in parking garages and alerts drivers in real time, which maximizes usage and improves traffic flow.
Bridge Development Delivers Bridge Point I-95
The new business park in Fort Lauderdale, Fla., is 77 percent pre-leased to brands such as Floor & Décor, Broward Motorsports and U.S. AutoForce.
CBRE to Manage, Lease Miami Beach Asset
The mixed-use building recently changed hands, with CBRE Global Investors and Universal-Investment purchasing the property on behalf of Bayerische Versorgungskammer.
CBRE Brokers Sale of Miami Lakes Retail Center
Anchored by Office Depot, the property is 98 percent leased to a variety of tenants including TD Bank and Chick-Fil-A.
Opa-Locka Flea Market Trades in $80M Deal
The new owner signed a long-term lease with RER Outdoor Marketplace, which will operate the property and implement a series of upgrades at the flea market.
DTLA’s South Park by Windsor Retail is Fully Leased
Kennedy Wilson arranged three 10-year leases totaling more than 12,500 square feet for the ground-floor retail space of the mixed-use high-rise.
Peak Campus to Manage 2,000-Bed Student Housing Portfolio
High View Place, Maverick Place, Rebel Place and Spring Place are the four student housing communities that will be managed by Peak Campus. Waypoint Campus Housing LLC acquired the portfolio for $102 million in May.
Toy Manufacturer Opens 1 MSF Facility in Pennsylvania
Mattel Inc. partnered with Ryder System Inc. in managing and staffing the distribution center. The facility is fully operational.
Dimension Expands DC Management Portfolio
With the addition of the 220-key hotel The Westin Crystal City, the company’s portfolio achieved a historic milestone, peaking at 10,000 guest rooms.