Business Specialties
Goldstar Group Acquires Baltimore Industrial Facility
The property at 1821 Portal St. comprises 86,234 square feet and is 100 percent leased to Johns Hopkins Bayview Medical Center and Bacchus Imports.
Hawkeye, HOS Acquire $9M Florida Hotel
Marcus & Millichap brokered the sale of Hotel Indigo in downtown Fort Myers, which features a rooftop pool and bar, as well as a fitness center.
Skanska Inks Additional $74M Contract for Nashville Mega-Project
The construction company will expand its work on Fifth + Broadway, the $430 million mixed-use development sponsored by a joint venture of OliverMcMillan and Spectrum | Emery.
Novotel’s 500th Hotel Opens in Seoul
Located in the heart of the city’s shopping district, the Ambassador Seoul Dongdaemun also marks the brand’s first mixed-use flagship development that offers both hotel and residential space.
Apple Hospitality Snaps Up Hampton Inn & Suites in Atlanta
With the acquisition of the 132-key property at 4565 Ashford Dunwoody Road, the REIT now owns three hotels in the city.
TA Realty Sells $35M Miami Office Campus
Cushman & Wakefield represented the seller in the transaction and arranged a low-interest, non-recourse loan in acquisition financing on behalf of the buyer.
Franklin Street Closes 4 Atlanta Leases
The transactions total 82,000 square feet and involved space at One Overton Park, a Class A office building located in the Galleria submarket.
CBRE Brokers $11M CA Industrial Sale
A local investor acquired the 4.9-acre site that features a mix of industrial and office space. The brokerage company represented both the seller and buyer in the transaction.
Commercial & Multifamily Debt Outstanding
Record-setting growth across sectors characterized 2018’s first quarter, reported Jamie Woodwell, vice president of commercial real estate research with the Mortgage Bankers Association.
How Would Privatizing GSEs Affect the Multifamily Market?
CBRE Vice President Brandon Smith discusses the complexities of ending the government’s conservatorship of Fannie Mae and Freddie Mac, thus reducing their roles in the housing market.