Business Specialties
Hammerson Wraps UK Retail Blockbuster
The British developer has closed on the largest portfolio sale of its kind in a decade.
DC, Sao Paulo Hospitality Assets Trade for $208M
Park Hotels & Resorts sold the properties, totaling 700 guestrooms, to two separate buyers.
Keeping Ahead of Industrial Demand
NAI Hiffman’s Carrie Szarzynski discusses how the growth of the sector has necessitated an evolution of the property manager’s role and uses Chicago as a case study.
OPI Finalizes Lease Renewal at Washington, DC Office Property
The Associated Builders and Contractors Inc. will continue to occupy space at 440 First St. NW for another 12 years.
Ferrero USA To Open Greater Phoenix Distribution Center
The company will use the 643,798-square-foot facility for its North America operations, with plans to add 50 local jobs in the first year.
How Will Coronavirus Impact US Commercial Real Estate Sector?
A CBRE report looks at possible economic ripple effects in the U.S. from the spreading outbreak and explores which sectors could be affected the most.
Virtua Partners Completes $41M Refi, Recap of Austin Office Property
The 257,600-square-foot building went through the same process in 2016 and 2018.
Connecticut Storage Facility Lands $17M Refi
Talonvest Capital secured the bridge loan for the 766-unit storage property in Norwalk.
Ventas Forms Life Sciences, Health-Care Fund
The new investment vehicle will launch during the first quarter, with $700 million in assets under management and $650 million in third-party equity commitments.
EQ Office Signs Tech Company at 1 MSF Chicago Building
The owner recently invested $20 million in capital improvements at the 13-floor property.