Business Specialties
Google’s Canada Home to Add $120M Expansion
The search giant is reportedly more than doubling its office footprint in the adaptive reuse project in Kitchener, Ontario. Allied Properties REIT and Perimeter Development Corp. will build the 11-story project.
National Storage Affiliates Buys Texas Portfolio
The company has purchased nine properties totaling nearly 5,000 units in the Houston, San Antonio and Austin markets.
JLL Closes on $1.8B Acquisition of HFF
The cash-and-stock deal between the two firms was first announced back in March. HFF’s shareholders approved the deal on Monday.
Miami’s Regatta Harbour: Old Meets New
Otto Boudet-Murias and Eduardo Garcia, principals at The TREO Group, discuss how waterfront development is rejuvenating Miami’s Coconut Grove neighborhood.
Charlotte Lands Lowe’s for $153M Tech Hub
The home improvement retailer plans to fill the new, 357,000-square-foot innovation center in the city’s South End neighborhood with as many as 2,000 professionals.
Inland Empire Manufacturing Facility Changes Hands
Precision Screen & Security acquired the former Watson Laboratories facility in Corona. The Class A industrial asset traded for $26.5 million.
Newmark Knight Frank Arranges 200 KSF Lease in NJ
The tenant at the industrial property in Parsippany is Vitaquest International, a manufacturer of nutraceuticals, which will use the facility for both production and distribution.
Seattle Mixed-Use Project Moves Forward With $31M Loan
The eight-story building will consist of 71 residential units, 11,000 square feet of office space, ground-floor retail and one level of underground parking.
Redeveloped Brooklyn Asset Gets $15M Refi
Mission Capital originated the loan, which will contribute to the further enhancement of The Box Factory, a creative office and flex asset in the Bushwick neighborhood.
SVN Chicago Brokers Retail Asset Deal
Huntley Shops, home to national and regional tenants such as Dunkin Donuts, Papa Saverio’s Pizza, Hair Cuttery and H&R Block, sold for $3.1 million in an off-market transaction.