Business Specialties
Skanska Delivers $154M Expansion, Renovation of Tampa Airport
The development firm has teamed up with global design firm HOK to upgrade the main terminal at Tampa International for an improved passenger experience.
Nashville MetroCenter Office Changes Hands
Menlo Equities acquired the 107,000-square-foot, Class B asset for approximately $22 million—more than double the price the seller had paid in 2006.
From Tenant to Owner: Making the Switch
How the proprietors of a popular San Francisco restaurant found financing to buy a mixed-use building through a federal loan program.
Northstar Commercial Partners Sells Denver Office Property
Northfield Business Center last traded back in January 2015, when the firm purchased it as a value-add investment. Since then, the asset has grown in occupancy by more than 65 percent.
Time Equities Buys Cleveland-Area Office Building
The company paid $7.6 million to PNC Bank—which was also a tenant in the building—in a transaction brokered by CBRE. The asset will be delivered fully vacant.
AbelsonTaylor Relocating to Chicago’s Old Post Office Building
The health and wellness advertising agency has entered a long-term lease with The 601W Cos. and will occupy nearly 85,000 square feet starting spring 2020.
Somera Capital Management Gets $27M Refi for CA Hotel
Sonnenblick-Eichner arranged the refinancing of the construction loan for the Inn at the Pier, a 104-key hotel located in Pismo Beach, Calif.
The Changing Face of the Construction Site
How do digital tools impact contractors’ work? Rosendin’s Brandon Stephens and Mark Stone shed light on how technology is transforming the traditional construction site, as the business is facing a labor shortage.
Ivy Realty Obtains $41M for NJ Portfolio Purchase
Cushman & Wakefield has arranged the financing, which will also help the borrower rebrand the value-add collection of seven industrial assets.
Hines Buys German Office Portfolio for $341M
The purchase, which includes 13 buildings and totals more than 295,275 square feet, marks the fund’s second acquisition of its kind in Stuttgart.