Business Specialties
Weingarten Sells Inland Empire Shopping Center for $89M
Lucescu Realty has arranged the sale of the 700,000-square-foot Jess Ranch Marketplace to a privately held investment company after having fielded inquiries from a diverse group of investors.
CRE Lending Picks Up Speed
A midyear update on financing trends from CBRE Capital Markets. Brian Stoffers, global president of debt and structured finance, weighs in.
Cambria Opens First Houston Hotel
The adaptive reuse project marks the company’s fifth outpost in Texas and will be followed by seven other locations scheduled to open across the country this summer.
San Diego Office Building Sells for $11M
Voit Real Estate Services arranged the transaction of a 51,229-square-foot asset located 11 miles from downtown San Diego. The firm represented both the seller and the buyer in the deal.
Amazon Adds to Renewable Energy Footprint
All told, Amazon has 66 renewable energy projects with a capacity to generate 1,342 megawatts.
NYPA to Invest $1.1B in Niagara Plant Upgrade
Highlights include replacing aging equipment with advanced technologies to optimize performance.
Microsoft, First Solar Partner for Solar-Powered Data Centers
Sun Streams 2, a 150-megawatt solar plant will provide enough power to cover the energy load for new Arizona data center campuses under a 20-year power purchase agreement.
Los Angeles’ South Bay Galleria to Get Mixed-Use Makeover
QIC Global Real Estate has formed a partnership with L Catterton Real Estate for the redevelopment of the 960,000-square-foot Redondo Beach property into a 30-acre destination.
Oklahoma City’s $288M Convention Center Nears Completion
Situated across from a new public park, the facility will be connected to a parking garage via a skywalk.
Talonvest Arranges $15M Acquisition Loan
The company secured the financing on behalf of GoodFriend Self Storage, which added a 79,000-square-foot storage facility in Cutchogue, N.Y., to its portfolio.