Business Specialties
JV Acquires Los Angeles Creative Office Building
Newcastle Partners and Westport Capital Partners formed a joint venture to acquire a 40,000-square-foot asset in Los Angeles’ Jefferson Corridor submarket.
Goodwin Leases 80 KSF at DC Trophy Building
The company will occupy the top three floors of the 11-story development located in the Dupont Circle and Farragut area. Relocation will take place in late 2019, upon building completion.
HSA Commercial Secures 55 KSF Lease at Gateway Business Park
The company secured 55,500 square feet lease of the total 151,220 square feet to Kuehne + Nagel. The leasing of Gateway Industrial IV marks HSA Commercial’s fifth and final development in conjunction with Washington Capital Management.
Westdale to Redevelop Historic Downtown Dallas Asset
Metropolitan Capital Advisors arranged the debt financing for the redevelopment of Mid Elm Lofts in Dallas on behalf of Westdale Real Estate Investment and Management. The project will completely restore the exterior of the buildings and rehabilitate and adapt the interior to preserve its integrity.
Stagwell Group Inks Lease at One World Trade Center
The investment advisory company will occupy the 62nd and 63rd floors of the tower totaling 83,955 square feet, bringing the tower’s occupancy to 75 percent.
JLL Brokers Sale of 213 KSF Orlando Warehouse
Exeter Property Group purchased the 213,290-square-foot asset from Cambridge Hanover for $8.9 million. The building is located in Orlando Central Park, one of Florida’s largest industrial parks.
Rexford Industrial Takes 3, Sells 1
The $71.5 million buy in the Los-Angeles area and Inland Empire brings the company’s 2017 industrial acquisition volume to more than $282 million.
Emerson to Invest $100M in Ohio Facilities
Construction and renovation plans include updating and expanding office and lab space at the company’s Sidney, Ohio, location. Investments will be made over the next four years.
New Retail Space Coming to Miami’s Design District
Designed by Royal Byckovas, the planned three-story development will be located just a few steps from the recently completed Institute of Contemporary Art.
Ridge Breaks Ground on 686 KSF Industrial Site
Dubbed Charleston Logistics Center, the facility is slated for completion in the first quarter of 2018. Colliers will handle leasing for the two buildings.