Business Specialties
Baranof Holdings to Develop NYC-Area Facility
The company is set to develop a 1,174-unit self storage property located in Yonkers. The project is expected to break ground in this quarter.
Oxford Cos. Adds 3 New Tenants to Ann Arbor Asset
After leasing 150,000 square feet of office space, the company increased the building’s occupancy from 38 to 96 percent.
Indianapolis-Area Hilton Hotel Tops Off
Developer White Lodging Services Corp. broke ground on the 136-room Fort Wayne hotel in June 2018 and expects to deliver it in July this year.
Westmount Sells Baltimore-Area Industrial Park
The company sold Logistics Pointe BWI in Hanover, Md., a 357,700-square-foot light industrial and distribution center, following a capital improvement program.
New Concerns Ahead for Economy, CRE
A new Integra Realty Resources report suggests that commercial real estate could get caught up in the volatility of the stock and commodities markets.
Hampshire Cos. to Transform NJ Building to Self Storage
The firm acquired an iconic century-old property in Elizabeth, with plans to redevelop it into a 100,000-square-foot facility.
Granite Properties Buys Houston Office Complex for $78M
The purchase of Eldridge Place, an 824,000-square-foot property in the Energy Corridor, increases the company’s presence in the city to more than 2.3 million square feet.
Atlanta Hotel Receives $36M Refi
Knighthead Funding originated the loan for the refinancing of Kimpton Overland Hotel. Adjacent to Hartsfield-Jackson International Airport, the asset opened in 2017.
Largest New PACE Construction Project in Ohio Receives Funding
PACE Equity funded more than 22 percent of the capital stack of a highly-sustainable new Homewood Suites and Hilton Garden Inn in Easton Town Center.
Brookfield Asset Management Closes $15B Global Real Estate Fund
This is the Toronto-based company’s largest private vehicle to date, exceeding its original fundraising target of $10 billion.