Business Specialties
Rexford Industrial Inks 124 KSF Lease in San Fernando Valley
Entertainment company Quixote Studios is expanding its footprint.
Phoenix Market Update: Slow and Steady Progress
Some 2.5 million square feet of office space was underway across the metro as of March, only a 3.3 percent uptick from February, according to CommercialEdge data.
RMR Mortgage Trust, Tremont Mortgage Trust to Merge
The combined REIT will focus on middle-market transitional bridge loans, with the total value of invested assets anticipated to reach $1 billion.
NorthBridge Closes Latest Fund at $500M Hard Cap
Park Madison Partners served as the exclusive placement agent for the new investment vehicle, which will target last-mile logistics properties on the East Coast.
Sumitomo to Renovate, Rebrand Phoenix Office High-Rise
Transwestern, which manages and leases the former Collier Center, will join the ownership in executing the $10 million transformation.
Apple to Build 1 MSF Campus in North Carolina
The iPhone maker plans to create more than 3,000 jobs in the Research Triangle area as it expands across the U.S.
Cleveland-Area Medical Facility Sells for $58M
The nearly 70,000-square-foot facility was Lake Health’s first hospital outside of Lake County.
Prologis to Launch LEED v4 Volume Program
The warehouse development powerhouse is the first logistics sector developer to commit to the latest version of the USGBC’s LEED Core and Shell Volume Program.
ASB Real Estate Trades DC Office Building for $202M
Originally built as an industrial structure in 1909 and extensively renovated in 2001, the five-story property is primarily leased to government agencies.
Ti Cold Development Teams Up With BentallGreenOak
The partnership’s first two projects are currently underway in Phoenix and Reno, Nev.