Business Specialties
UOVO to Bring New Art Storage to Brooklyn
The company is set to open a 150,000-square-foot storage facility located in Bushwick, Brooklyn’s art community. The storage is expected to open in fall 2019.
Best Buy Signs 500 KSF Lease in Baltimore Area
Chesapeake Real Estate Group purchased the 259-acre site last year, with plans to build one of the largest speculative industrial spaces in Anne Arundel County.
Dominion Realty, Blue Vista Snag SC Office Park
Synergy Business Park comprises four buildings totaling roughly 315,000 square feet. This purchase marks the 18th property in the company’s office portfolio across North Carolina, South Carolina and Virginia.
Claremont Acquires Downtown Boston Hotel
Boston Wharf Co. built the asset in 1901 as The Stillings Building. The property, redeveloped in 2013 as an adaptive reuse project, now offers 120 loft-style suites.
Florida’s First Radisson RED Hotel Tops Off
RivieraPoint is building a 155-key hotel near Miami International Airport. The $34.5 million project is set for completion next year.
Silicon Valley Office Asset Lands 300 KSF Tenant
Federal Realty Investment Trust signed software company Splunk Inc. to a 319,000-square-foot lease in its new Class A building, scheduled to open in 2019.
Northshore Tower in Austin CBD Changes Hands
The mixed-use property developed by High Street Residential encompasses 439 residential units and 50,083 square feet of boutique retail and office space.
NKF Completes Atlanta Lease for South College
Representing the 136-year-old institution’s fifth campus, the 38,000-square-foot space will provide classrooms, laboratories, exam rooms, a student resource center and a study room.
Xcel Energy’s $2.5B Clean Power Plan Gets the Green Light
Colorado’s main energy provider intends to replace two aging and high-emitting coal units in Pueblo with renewable sources including wind and solar.
HHSC Headquarters Breaks Ground in North Austin
The project features the addition of a nine-story office building and a multi-level parking garage. By retiring previous leases, the state is expected to save about $8 million a year.