Business Specialties
New York’s Flagship Power Plant Looks to the Future
Inside the epic $1.1 billion, 15-year upgrade of the New York State Power Authority’s historic hydropower facility.
North Carolina Life Science Asset Secures 2 New Leases
Parmer Innovation Centers’ Parmer RTP campus in Durham is now home to LabCorp and Duke Health Technology Solutions.
MHCommercial Acquires Myrtle Beach Retail Center
The real estate fund has expanded its footprint with the acquisition of an 18,000-square-foot property.
LPC West Buys 62 KSF Industrial Asset in San Diego
The new owner plans to reposition the building and add outdoor amenities and significant infrastructure upgrades.
BLT’s Silicon Harbor Turns on Solar Power
The system is estimated to produce enough energy to offset up to 10 percent of the property’s consumption when fully occupied.
Forever 21 Becomes Another Brick-and-Mortar Victim
The fast-fashion chain, which operates 800 stores globally, will close up to 178 locations in the U.S. after filing for bankruptcy.
WPT Industrial Picks Up Nashville Asset
The REIT paid $33 million for the 505,000-square-foot Class A warehouse which changed ownership via a double escrow.
Hudson Yards’ First Phase Earns LEED ND Gold
The LEED Neighborhood Development Gold certification, the first in Manhattan, was awarded for the residential, commercial and mixed-use buildings, as well as infrastructure and green spaces.
Central Florida Retail Center Commands $40M
Columbus Pacific purchased the roughly 400,000-square-foot regional retail center in Ocala. JLL assisted the seller in the disposition.
WeWork Inks 51 KSF Orange County Lease
The coworking giant plans to open the Newport Beach space at the beginning of 2020.