Business Specialties
Boston-Area Industrial Property Commands $51M
Service Properties Trust will use the proceeds from the sale of the 675,000-square-foot building in Canton to repay debt.
ADT Secures $19M Jacksonville Refi
Wells Fargo provided the financing package for the firm’s three office buildings on the metro’s southeastern side.
As Stores Reopen, How Quickly Will Retail Recover?
Marcus & Millichap’s latest report details how the sector was forced to adjust to the COVID-19 crisis and how the reopenings may play out.
Office Space Demand to Decrease, NAIOP Predicts
In a just-released forecast, NAIOP predicts net negative U.S. office market absorption for the next four quarters.
City of Hope Acquires $108M SoCal Development Site
The Los Angeles-area cancer treatment institution will create an additional campus with the transformation of an existing building and construction of a new hospital.
The Owner Representative’s Role in Overcoming COVID-19 Struggles
Amicon CEO & Co-Founder Adam Mopsick makes the case for project management firms that can help companies avoid imprudent choices in today’s market dynamics.
HVMG to Manage Residence Inn in Texas
The company will oversee operations at the 104-room property, slated to open this year.
MacKenzie Management Co. to Operate Baltimore-Area Office Building
With this assignment, MacKenzie now manages an entire business park, which totals 131,584 square feet.
Office Workers Want Flexibility in the Future
Reports from Cushman & Wakefield and Gensler found workers would like to keep work-from-home options.
TikTok’s Manhattan Lease Ends COVID Cold Spell
The app’s Beijing-based parent company inked a 232,000-square-foot deal with The Durst Organization, owner of the 48-story One Five One, a Midtown office tower.