Business Specialties
Economy Watch: Apartment Vacancies Up, Rents Still Increasing in Q1
Asking and effective rents in the first quarter of 2016 continued to grow even as more than 200,000 new apartment units have come on line in the past year.
Lowe Enterprises Investors Acquires 370-Key Hilton Garden Inn Portfolio in Atlanta
Lowe Enterprises Investors added three Hilton Garden Inn hotels to its growing portfolio, with plans to invest in upgrades and refurbishings.
HFF Secures $74.5M Refi for DFW Industrial Portfolio
HFF has arranged a $74.5 million refinancing loan for a Class A industrial portfolio totaling 1.6 million square feet.
Last Year’s Largest Rental Projects Completed in Austin
The Austin multifamily market added more than 5,000 new rental units in 2015.
Zayo Group Acquires Clearview International for Nearly $19M
With the acquisition of Clearview International, Zayo now owns and operates seven data centers in Texas and a total of 57 facilities in North America and Europe.
NGKF Helps JEMB Realty Reposition 75 Broad St. in NYC
JEMB Realty has retained NGKF to handle leasing for 75 Broad St. in Manhattan’s Financial District.
CyrusOne Grabs Major Data Center in Chicago
The global data center solutions provider paid $130 million to acquire a 428,000-square-foot data center from CME Group.
N.C. Retail Power Center Commands $129.2M
InvenTrust Properties Corp. of Oak Brook, Ill., paid $129.2 million for a retail power center in Durham, N.C.
Philadelphia’s Largest Rental Developments Completed in 2015
More than 1,600 brand-new apartments came online in 2015 in the City of Brotherly Love.
Hilton Garden Inn Celebrates Hawaii Milestone on the Garden Isle
The opening of Hawaii’s first Hilton Garden Inn, on the east coast of Kauai, brings the brand’s presence to all 50 states.