Business Specialties

Industrial Supply Catches Up With Demand

A new CBRE report found the overall availability rate in U.S. markets was 7.0 percent, a very slight decrease that marked the 35th consecutive quarter of decline.

Hilton Opens 152-Key Hotel in Seattle

The company’s newest Garden Inn location offers convenient access to Seatac International Airport and downtown Seattle, as well as multiple dining, shopping and entertainment venues.

MSD Partners to Buy 1,000-Key Boca Raton Resort in Florida

A Blackstone affiliate is selling the 2.2 million-square-foot waterfront destination in a transaction scheduled to close in the second quarter.

IL Dual-Tenant Retail Asset Changes Hands

President Chad Firsel from Quantum Real Estate Advisors represented both parties in the $2.7 million transaction. The property last traded almost a decade ago.

Transwestern Buys 1.5 MSF Industrial Portfolio in Columbus

A joint venture between Singerman Real Estate and Green Door Capital has sold a collection of three properties to the firm’s new TSP Value and Income Fund II.

Transwestern Brokers 100 KSF Leases in Miami

Walter Byrd, Ben Eisenberg, Thomas Kresse and Carlos Gaviria worked on behalf of tenants Geodis Logistics and Crowley Logistics in both deals.

RiverSouth. Image courtesy of HFF

Transactions: May 2019

A selection of noteworthy deals announced between 28 March – 18 April 2019.

Legacy Commerce Center, NJ

Port Cities and Industrial Real Estate

Bold investments in infrastructure and the explosion of ecommerce are benefiting port cities and industrial real estate. Here is a look at opportunities in the most dynamic seaport markets.

Located in the Portland, Ore. Suburb of Beaverton, the 2015-built Timberland Town Center is situated within a 105-acre master-planned community. Major tenants of the 92,000-square-foot property include Orangetheory Fitness, Market of Choice, Lush Salon & Spa, and Gentle Dental & Orthodontics.

Retail Investment Trends

At a time when e-commerce appears to be ascendant, what are the latest and most influential retail investment trends? What is myth and what is reality?

StorageMart Expands Omaha Footprint

The company added more than 1,700 self storage units to its portfolio in the greater Omaha market. The facilities are located around 10 to 16 miles from the city’s downtown.