Business Specialties
McCraney Property Inks Full-Building Lease in FL
UPS will occupy nearly 210,000 square feet at 27 Logistics Park, an industrial warehouse in Davenport. CBRE handled leasing for the property on behalf of the owner.
Manatt, Phelps & Phillips Expands Chicago Office
The law firm will move into 11,000 square feet of custom, high-tech office space at the John Buck Co.’s CNA Center in the Loop.
Portland Industrial Property Changes Hands for $49M
Specht Development and Ares Management have teamed up on the acquisition of the nearly 1 million-square-foot facility, which currently houses grocery wholesaler and retailer SUPERVALU.
Ready Capital, Owens Realty Mortgage to Merge
The combined company will operate as Ready Capital, be headquartered in New York City and retain Thomas Capasse as chairman & CEO.
R2 Cos. Buys 525 KSF Midwest Creative Office Portfolio
The real estate investment firm acquired the collection of 11 buildings, located in Minneapolis and Milwaukee, from Sara Investment Real Estate in a $60 million transaction.
Newmark Knight Frank Secures Refi for Soho Retail Assets
Oaktree provided the floating-rate loan to a partnership led by 60 Guilders to upgrade two interconnecting spaces encompassing more than 4,000 square feet.
International Shipping Company Relocates Houston Office
Mediterranean Shipping Company has signed a 33,713-square-foot office lease at Concourse at Westway, in the city’s West Belt office submarket.
Twitter Signs 215 KSF Lease Extension in NYC
Columbia Property Trust secured the social media company’s lease for another five years. This location marks Twitter’s second-largest headquarters after San Francisco.
Crystal City’s Courting of Amazon’s HQ2
The Northern Virginia locale would see a boon to its office and retail real estate markets should the e-commerce leader’s multibillion-dollar second headquarters come to town.
Avison Young to Acquire GVA
The combined operations will have 5,000-plus employees in more than 120 offices in 25 countries. The transaction is expected to close in early 2019.