Business Specialties
Midtown Realty Affiliate Buys Miami Shopping Center
A joint venture between Duncan Hillsley Capital and Pebb Capital sold the 126,000-square-foot property for more than double its 2014 acquisition price.
Logistics Property Co. Breaks Ground on WI Development
Situated on 67 acres, the 1 million-square-foot project in Kenosha is slated to encompass two buildings and should come online by summer 2019.
CB Insights Takes Full-Floor at Midtown Manhattan Tower
The tenant will occupy more than 43,000 square feet at 498 7th Ave. starting with June 2019. The company has been in the building since 2016.
Crystal City Gains in Amazon HQ2 Sweepstakes
Speculation mounts that the online retailer will tap the neighborhood across the Potomac from Washington, D.C. JBG Smith, the submarket’s primary office owner, would be poised to benefit.
Placemaking in Practice: Trends, Tools, Tips
How does a property convey a distinctive sense of place? An eclectic panel of experts tackled that elusive question in a highlight of the event honoring winners of the CPE Distinguished Achievement Awards and MHN Excellence Awards.
New Guidelines Heighten Interest in Opportunity Zones
Yardi Matrix’s Paul Fiorilla describes the challenges that managers should anticipate while they attempt to raise more than $25 billion to invest in the economic development tool.
Meridian Arranges $18M Acquisition Loan for PA Shopping Center
Meridian secured a CMBS loan for the buyers. The acquisition includes a 16-acre empty lot located behind the shopping center, which will be used for future development.
Metro Storage to Develop NJ Facility
The firm has acquired land in South Brunswick, southwest of New York City, to construct a 668-unit self storage facility. The project is slated for completion by the third quarter of 2019.
OKIN BPS to Open San Antonio HQ
Following a two-year site selection process and a Texas Enterprise Fund grant, the expansion marks the Czech company’s first office outside of Europe.
NKF Arranges LIC Creative Lease
HALO Branded Solutions will occupy more than 17,000 square feet on the sixth floor of The Factory, a former 1.1 million-square-foot Macy’s warehouse.