Business Specialties
JV Buys Class A Office in Downtown DC
Following the $100 million acquisition, DSC Partners and Wafra Inc. intend to reposition the 178,000-square-foot asset with a $5 million upgrade program.
AccorHotels to Buy Mövenpick Hotels for $560M
The acquisition will enhance the Paris-based global hospitality company’s presence in Europe, as well as its footprint in emerging markets of the Middle East, Africa and Asia-Pacific.
Spec Industrial Development Coming to Orlando
McCraney Property Co. and Clarion Partners are teaming up to create 652,696 square feet of warehouse space on 44 acres of land in the metro’s industrial growth epicenter.
Summit Design + Build Transforms Chicago Mixed-Use Project
The Clybourn corridor development was originally designed as a 10-story retail and apartment building but due to zoning issues it will be turned into a two-story retail and creative office space.
Amazon Signs 430 KSF Lease in Boston
The e-commerce giant will occupy an entire building within the Boston Seaport development, a 23-acre, 7.6 million-square-foot mixed-use development.
The Transformative Power of Adaptive Reuse
Creating a second life for aging urban properties can offer benefits on multiple fronts, boosting economic development, sustainability and civic identity.
ESI Sells 179 Acres of AZ Business Park
The company has sold more than 61 percent of Surprise Pointe’s land to three different buyers: a developer, a distributor and a manufacturer. CBRE is representing the firm in the continuous sale of the 290-acre property.
Friedman Facilitates MI Office Park Sale
Holiday Office Park in Lansing comprises nine buildings ranging from 80,420 to 120,683 square feet across one to two stories.
Industrial Quarry in Maine to Become 1 MSF Mixed-Use
Waterstone Properties Group Inc., in a partnership with the City of Westbrook, is developing Rock Row, a mixed-use revitalization project of an industrial quarry site in suburban Portland.
New Logistics Center Coming to Kyle, TX
The two-building, 400,000-square-foot distribution and fulfillment center will be built in phases by a joint venture comprising Hillwood Properties, HPI Real Estate Services & Investments and Kyle officials.