Business Specialties
Nazareth Enterprises Acquires Bay Area Ice Rink
SPI Holdings sold the 55,000-square-foot San Mateo retail and ice rink facility in an off-market transaction. The ice rink had been slated for conversion to additional retail space.
Avison Young Arranges $5M Refi for GA Retail Property
Principal George Vail represented the owner, SunCap Opportunity Fund, in the refinancing of the 72,314-square-foot Uptown Square in Fayetteville. National Cooperative Bank provided the loan.
Quest Workspaces Opens Fifth Metro Miami Location
The shared workspace provider has added 23,800 square feet to its portfolio and is now on par with WeWork for the most coworking locations in Miami-Dade County.
Starwood Capital to Launch 1st Opportunity Zone Project
The private investment giant is joining developer AB Capstone to build the mixed-use development in the South Bronx. Anchored by a charter school, the 147,000-square-foot project is Starwood Capital’s first deal in the company’s new Opportunity Zone investment program.
Toll Brothers JV Breaks Ground on NJ Creative Office Project
Part of the company’s Maxwell Place development in Hoboken, N.J., the mixed-use tower will feature a 110,800-square-foot office segment.
Silicon Valley Development Lands $314M Loan
A Harvest Properties and Invesco Real Estate joint venture intends to develop Catalyst, a four-property, 587,942-square-foot office portfolio in Sunnyvale, Calif.
Newmark Knight Frank Facilitates Sale of GA Mixed-Use Asset
The Woodbery Group is the new owner of a Class B, 88,000-square-foot building in Forsyth County that encompasses office space and a data center section.
Stan Johnson Arranges Houston-Area Industrial Sale
Director Zach Harris represented the seller in the 1031 exchange. The buyer of the 27,211-square-foot building in Brookshire, Texas, worked with Colliers International.
Seymour Hills Wind Farm to Power Akamai’s Dallas Data Center
The project will contribute to Akamai’s commitment to source renewable energy for 50 percent of its global network operations by 2020.
Ørsted’s Lincoln Clean Energy Acquires Coronal Energy
The acquisition deepens Ørsted’s expansion in the U.S. following its acquisition of Deepwater Wind from D.E Shaw Group in a $510 million deal in October.