Business Specialties
Hanley Investment, Voit Arrange $10M Sale of CA Shopping Center
RC Plaza in Rancho Cucamonga features nine retail buildings totaling 37,239 square feet. Current tenants include Starbucks and Pizza Hut.
DC-Area Office Campus Lands $104M Financing
Following the acquisition of Greensboro Park in Tysons, Va., Velocis and Altus Realty will use the five-year loan to fund the purchase price.
Granite Appoints New SVP, CFO
With 25 years of experience at the company, Jigisha Desai most recently served as vice president of corporate finance & treasurer, and will succeed Laurel Krzeminski, who is set to retire.
Elit Breaks Ground on Miami-Area Retail Development
The 45,000-square-foot plaza already has two tenants on the roster and is set to feature a plethora of other businesses upon its completion next year.
Westin JV Opens New Hotel in Hawaii
The hospitality company partnered with Mauna Kea Resorts on the 232-key location on the Kohala Coast, its first property on the Big Island.
KBS Sells Portion of San Jose Office Campus
The company continues to own five of eight buildings at the former Corporate Technology Centre in Newport Beach, Calif., which it plans to rebrand as District | 237.
Kimco Sells San Diego-Area Retail Center
NKF Capital Markets orchestrated the disposition of Broadway Plaza in Chula Vista, Calif., on the REIT’s behalf, securing Protea Properties as the buyer of the 356,300-square-foot asset.
Vornado Realty Trust Inks Long-Term Theater District Lease
Open Jar Studios will occupy roughly 51,000 square feet at 1601 Broadway, aiming to create the largest Manhattan studio encompassing rehearsal, audition and office space.
AT&T, NextEra Energy Expand Wind PPA to 820MW
With this expansion, AT&T marks one of the largest corporate renewable energy purchases in the U.S., anticipated to reduce greenhouse gas emissions equivalent to taking more than 530,000 cars off the road.
Why Small Businesses Go Online for New Loans
Accessing financing solutions through mobile applications might be the newest trend in real estate financing. The method appeals to small and emerging business owners particularly due to faster access to funds, but there’s more to the story.