Business Specialties
5 Questions Every Property Owner Should Ask This Tax Season
Two specialists from Anchin, Block & Anchin offer guidance on navigating the complex new rules created by the Tax Cuts and Jobs Act.
Decoding Denver’s Office Market
Bridge Investment Group Director of Acquisitions David McCleve shares his views on the consequences of intense construction activity on the metro’s office market and highlights the submarkets where there’s room for rent growth in 2019.
Dual-Branded Marriott Opens in Knoxville
The Courtyard and Residence Inn Knoxville Downtown totals 232 keys and features joint amenities including a fitness center, meeting space and a terrace.
Top Concern for CRE Execs: Interest Rates
Executives also worry that a recession may be on the way, according to Seyfarth Shaw’s fourth annual Real Estate Market Sentiment Survey.
NorCal Hilton Hotel Sells for $50M
Ashford Hospitality Trust is the new owner of the 178-key property in Santa Cruz. Acquisition financing included a non-recourse mortgage loan of roughly $25.3 million.
FRP Acquires Baltimore-Area Industrial Park
The company intends to perform capital improvements on the 270,000-square-foot Cranberry Run Business Park in Aberdeen, Md. The $6.3 million purchase is part of the firm’s new development strategy.
Data Center Demand Continues to Soar Globally
According to JLL’s new forecast, the call for space grows louder, bolstered by increased cloud activity, which developers rush to accommodate with expanding construction pipelines.
KBS Realty Signs JPMorgan Chase Lease Renewal in Dallas
The long-time tenant will continue to occupy nearly 42,000 square feet at Preston Commons, a three-building office park undergoing a $15 million improvement plan.
Pinnacle Brokers CO Retail Asset Sale
The company facilitated the $1 million acquisition of a single-tenant, net-leased property located in a King Soopers-anchored shopping center in Westminster.
FD Stonewater Buys Nashville Office Asset
The Class B building traded for $17 million. The fully leased property last changed hands in 2014, for $16.5 million.