Business Specialties
Vero Biotech Moves HQ to Atlanta
The biotechnology company left Florida for the Peach State, setting up shop in a 15,600-square-foot space at Georgia Tech’s Technology Enterprise Park.
Large Buildout Complete on 375 KSF Chicago Warehouse
Local company Principle Construction has finished substantial improvements for the tenant, which signed one of the largest recent industrial leases in the Chicago area.
Empire State Inks Full-Floor Lease at Manhattan Office Asset
The Nespresso brand will occupy 41,800 square feet at 111 W. 33rd St., which had its lobby, elevators and entryways recently renovated.
MD Hotel Commands $42M
Hersha Hospitality Trust acquired the 150-room Annapolis Waterfront Hotel, which features 15,000 square feet of function space and an 8,500-square-foot patio.
Griffin Partners Acquires 3-Building Houston Office Complex
TIER REIT sold Loop Central, a Class A property totaling 574,944 square feet. The buildings are 86.9 percent leased to 24 tenants.
Amazon to Open 800 KSF Las Vegas Facility
The fulfillment center, which will be the e-commerce giant’s fourth facility in Nevada, will generate more than 1,000 full-time jobs.
Distribution Realty, EverWest Plan Chicago-Area Spec Warehouse
The industrial property will contain nearly 200,000 square feet in Chicago’s O’Hare submarket. JLL’s Sam Durkin and Dominic Carbonari will market the asset.
Are Funny Tenants Happy Tenants?
This month, CPE and Kingsley Associates partnered to gather the most comical comments that tenants have about their offices, retail centers and other properties.
DC-Area Hyatt Hotel Lands $47M Financing
Mission Capital Advisors secured bridge financing for the 168-key Hyatt Place Arlington. Completed in 2016, the property is a 12-minute drive from downtown Washington, D.C.
STIHL Expands Virginia Beach Corporate HQ
The new 80,000-square-foot addition to STIHL’s corporate headquarters and manufacturing campus will include office space, a museum and a customer welcome center.