Business Specialties
Zamir Equities Buys 560 KSF Cleveland Office High-Rise
In a deal facilitated by HFF, American Landmark Properties Corp. sold 1111 Superior Ave. four years after having acquired the asset half-full for $19.5 million.
Alta Properties Offloads Atlanta Office for $27M
The buyer selected Avison Young to oversee property management and financed the acquisition with a five-year, $18 million loan held by Capital Bank.
Globe Corp. Sells Industrial Portfolio in Metro Chicago
Green Door Capital and Citimark have teamed up on the acquisition of seven properties totaling 447,059 square feet, with an average occupancy rate of 93 percent.
Dominion’s RfP Seeks 500MW of Wind, Solar Power
The company has pledged to have 3,000 megawatts under development or in operation by early 2022 under Virginia’s new Grid Transformation & Security Act.
Volkswagen’s Chattanooga Standout
The company’s 2.7 million-square-foot facility is the first and only auto manufacturing plant in the world to earn LEED Platinum certification.
Cinemark, AEP Sign 40MW Wind VPPA in Texas
The deal will support up to 40 megawatts of renewable energy from AEP Energy Partners’ Trent Mesa wind center in Nolan County, Texas.
Lexington Realty Trust Signs 21 KSF Tenant in Houston
The tenant, a home construction firm, will occupy the first floor of the REIT’s 155,000-square-foot office building in the Energy Corridor submarket.
New Soccer Stadium Breaks Ground Adjacent to COTA
The new Austin Bold FC soccer stadium, located adjacent to Circuit of The Americas, is scheduled for delivery at the start of the 2019 season.
Crocker Partners Buys $55M Orlando Office Portfolio
Wells Fargo Bank provided financing to facilitate the acquisition of Northpoint Center. The three-building asset encompasses roughly 335,000 square feet in Lake Mary.
St. John Properties Inks 3 Baltimore-Area Leases
The firm signed American Pool Enterprises, USA Marble and Granite LLC, as well as Erickson Living to new spaces totaling 35,000 square feet.