Business Specialties
Summit Design + Build Delivers Chicago Retail Center
The updated 13,000-square-foot asset will provide space for up to three retail tenants in an area of Lincoln Park, known as a shopping and lifestyle destination.
Meridian Sells CA Office Building
The buyer, Phase 3 Real Estate Partners of South San Francisco and San Diego, paid $39.5 million for the multi-tenant asset.
Legislation Spells Relief for Banks, CRE Borrowers
Avison Young Principal Jay Maddox details the modifications to Dodd-Frank that clarify the rules and set the stage for lenders to provide more options to commercial real estate sponsors.
Transwestern Taps Construction VP
Lisa Feeley brings more than 30 years of experience to her new role, where she will oversee project and construction management for the firm’s health-care advisory services group.
HFF Brokers Sale of 191-Key VA Hotel
Westin Reston Heights, which opened in 2008, is within walking distance of the upcoming Reston Town Center Metrorail Station, while Dulles International Airport is a 10-minute drive away.
REITs vs. FAANG: The Valuation Showdown
A handful of powerful tech stocks outpaces the market capitalization of the entire REIT market, yet that tells only part of the story. Scott Crowe of CenterSquare Investment Management explains why today’s economic conditions and historic trends give REITs an edge in the long run.
Why Private Buyers Lead the Net-Lease Pack
JLL Capital Markets Senior Vice President Eric Suffoletto explains why private capital is outpacing REITs, institutional investors and other players in the single-tenant space.
First SCP Hotel to Open in Colorado Springs
The SCP Hotel Colorado Springs features 98,000 square feet of space including a 12,000-square-foot health and wellness venue, a 2,000-square-foot lobby, a 500-square-foot meeting room and a 1,000-square-foot fitness center.
Nektar Therapeutics Trades AL R&D Facility
The building, constructed in 2000, is part of Huntsville’s Cummings Research Park and contains more than 50,000 square feet of office, laboratory, production and research space.
Hospitality Properties Trust Buys Minneapolis Hotel
The Radisson Blu Minneapolis Downtown features 29,000 square feet of meeting and event space and offers convenient access to the Minneapolis—St. Paul International Airport.