Business Specialties
JV Buys 2 California Office Buildings for $37M
The acquisition is part of Harbor Associates’ and Bascom Group’s $500 million investment plan throughout the Western U.S., over the next two years.
Economy Watch: US Office Sector Enjoys Healthy First Quarter
Stable vacancy rates and continued restraint in new office development contributed to the sector’s strong performance in the first three months of the year, according to Transwestern’s latest national report.
Latest Colliers Investment Nears Half-Billion
The commercial real estate services firm will acquire a majority stake in Harrison Street Real Estate Capital, a firm with approximately $14.6 billion in assets under management.
Orlando Hotel Lands $22M Construction Loan
Located on Westbrook Boulevard, the eight-story, 259-key hotel is planned to be the largest Tru by Hilton in the U.S.
Spaces Doubles NYC Presence
The global co-working operator is opening its third New York City location and plans to add three more by the end of the year.
Boxcar Betty’s Coming to Chicago
CBRE’s Phil Golding negotiated the lease on behalf of the tenant, while Todd Siegel and Kim Wiskup represented the landlord, KBS Realty Advisors.
CIM Group Buys Denver Office Complex
The purchase of the LoDo Towers is the company’s first deal in downtown Denver, but it has been working on a large redevelopment project a few miles away.
CRG Taps Into Portland Industrial Market
The company will develop a 350,000-square-foot speculative industrial and logistics facility in Troutdale Reynolds Industrial Park, scheduled for completion next summer.
Murphy Development Kicks Off San Diego Spec Project
The nearly 80,000-square-foot Class A industrial building will be part of the 116-acre Siempre Viva Business Park in Otay Mesa.
Duke Realty Closes 354 KSF Lease at NJ Asset
The firm signed eCommerce fulfillment and logistics solutions company 4PX Express to fully occupy ePort 1000, one of three new buildings in ePort Logistics Center.