Business Specialties
ShopOne Brings Old Navy to Michigan Mall
The retailer will move into the new space at Maple Hill Pavilion in Kalamazoo in early summer 2020. The lease will bring the shopping center close to full occupancy.
JV Kicks Off 1.3 MSF Los Angeles Project
Overton Moore and Invesco team up in Burbank for the San Fernando Valley’s largest infill development in two decades.
Kempinski Hotels, 12.18 Group Launch Luxury Brand
For its part in 7Pines Kempinski, 12.18. Group is investing $552 million toward 20 planned hotels and resorts.
WPT Industrial Closes on $142M in Logistics Deals
The acquisitions are the latest in a series of portfolio deals by such investors as Nuveen Real Estate and Blackstone.
Harbor Buys LA Office Asset for $44M
Newmark Knight Frank negotiated the deal on behalf of the seller, which had acquired the 292,500-square-foot building in 2013.
New Jersey Adaptive Reuse Property Commands $85M
Formerly an American Standard manufacturing facility, the 487,000-square-foot building sold to a New York-based firm.
CFO Corner: Digital Reality is Ready for Takeoff
The CRE segment may be a late entrant when it comes to using digital reality technologies, but signals from executives are pointing to robust future adoption plans that could drive more operational efficiencies for the industry, says Deloitte’s Steven Bandolik.
Orange County Office Building Sells for $17M
A joint venture of Harbor Associates and Stockbridge traded the 50,832-square-foot asset located in Tustin, Calif.
Detroit Pistons NBA Team Opens Performance Center
The $90 million Henry Ford facility, the largest of its kind in the NBA, anchors a mixed-use development which will provide additional retail and community space.
PS Business Parks Receives $149M for Metro DC Assets
The investor sold a 1.3 million-square-foot portfolio at three locations in suburban Montgomery County.