Business Specialties
JLL Co-Head Provides 2018 Capital Markets Update
Tom Melody, the firm’s real estate investment banking practice leader, highlights trends most likely to impact the industry in the coming months.
Health-Care Industry Trends: The Consumerization of Services
NKF Global Healthcare Services’ Garth Hogan discusses the major health-care industry trends today and how investors in the business can drive value.
An $850M Gamble on a Famed Yonkers Casino
The Yonkers Racing Corp. has agreed to sell the property and the operations associated with the Empire City race track and casino to MGM Resorts International and MGM Growth Properties LLC.
Cammeby’s Completes Office-Retail Building in Brooklyn
The 161,000-square-foot property is 50 percent leased and is part of the larger Neptune/Sixth project that will feature more retail and apartments in a nearby 42-story tower.
Atlanta-Area Retail Property Trades for $2M
Kehr Hunter Properties disposed of Delk Powers Ferry Place in Marietta, Ga. The 88 percent leased asset includes tenants such as Domino’s Pizza, American Deli and China Doll.
Lamar Acquires 550 KSF Phoenix-Area Shopping Center
In partnership with Real Capital Solutions, the company purchased a segment of Promenade at Casa Grande, a 1 million-square-foot retail property in Casa Grande, Ariz.
Rexford Industrial Buys $18M SoCal Industrial Facilities
The company purchased two assets totaling 93,898 square feet, located in Simi Valley and Tustin, Calif. The properties traded in off-market transactions.
Oxygen Hospitality Group Buys Palm Springs Hotel
Located at 2000 N. Palm Canyon Drive, the 100-key Ivy Palm Resort & Spa will be subject to a series of tech-drive redevelopments.
TriOut Advisory Snags $28M FL Office Asset
The three-story building comprises 186,309 square feet and is fully occupied by WiPro’s HealthPlan Services Inc. until 2022.
SVN Brokers Sale of 5-Property Portfolio
The company has facilitated the sale of five self-storage properties located in Kewanee and Atkinson, Ill. The buildings comprise a total of 47,000 square feet.