Business Specialties
REITs Reap Rewards of De-Risking
The lessons of the financial crisis have made a lasting impact on these companies, positioning them for continued growth and stability through year-end, says Fitch Ratings Senior Director Stephen Boyd.
Midwest Industrial Hub Changes Hands
Sold by SpartanNash, 2925 Industrial is a mixed-use multi-temperature facility. JLL has brokered the sale of the 139,077-square-foot property on behalf of the seller.
Stimulating Development in Low-Income Areas
Avison Young Principal Jay Maddox details the tax code provisions that incentivize long-term investment in specific geographic areas across the country.
Suburban NYC Office Portfolio Trades for $45M
Morgan Management sold the Class A Canal View in Rochester, N.Y., and Corporate Crossing in Pittsford, N.Y., two years after acquiring them for Sovereign Partners for $35 million.
Analog Devices Breaks Ground on MA Headquarters
The company will consolidate its operations in the Wilmington facility, which is set to include laboratories, collaboration space and a 50,000-square-foot hub.
NAI Investment Fund Acquires TX Shopping Center
San Marcos Place, which was 80 percent leased at the time of the sale, marks the company’s fifth acquisition this year.
Multiplex Completes $154M Australian Hospital
The global contractor is delivering what reportedly is the largest-ever health infrastructure investment in the region, twice the size of the facility it is replacing.
Ocean Bank Provides $60M Loan for Miami Retail Center
Borrower Kendall Village Associates, an entity of Berkowitz Development Group, will utilize the proceeds to refinance the 256,000-square-foot Kendall Village Center mixed-use shopping destination.
Cushman & Wakefield to Market DFW Data Center
The facility received a complete upgrade following its acquisition by Ascent. The company added reinforced concrete and blast doors, making the data center capable of withstanding EF5 tornadoes.
Managing Cyber Risk in Commercial Real Estate
Unlike the high-profile financial services, health-care and retail industry victims that have traditionally been exploited, the real estate industry is—mistakenly—perceived as far easier to crack.