Business Specialties
TA Realty Lands $48M Loan for Doral Office Asset
Following the purchase of One Park Square in October 2017, the new owner secured a long-term, fixed-rate mortgage through Guardian Life Insurance Co.
Bluon Energy Debuts HVAC/R Solution
In response to stricter regulations, the company teamed up with mechanical contractors to develop a cost-effective, energy-efficient new refrigerant.
Hubilu’s Student Housing Portfolio Turns to Solar
The properties in the company’s portfolio are set to feature rooftop photovoltaic technology, and will also accept cryptocurrency as payment.
Turner, AC Martin Win $520M CA State Project
The State of California Department of General Services chose the longtime partners to take on the design-build responsibilities for the new headquarters of the Department of Natural Resources in Sacramento.
Kite Trades 2 Retail Assets for $63M
The company sold Trussville Promenade and Memorial Commons, two shopping centers totaling nearly 600,000 square feet. The Trussville deal marks the company’s exit from the Alabama market.
Austin AT&T Hotel Expansion Completed
The property now features an additional 30,000 square feet and a 4,000-square-foot mural by Brooklyn-based artist José Parlá.
Castellum to Redevelop Landmark Stockholm Building
The Sweden-based firm is set to invest more than $35 million to transform a 124,000-square-foot property in central Stockholm for office use.
QTS Renews Leases at One of the World’s Largest Data Centers
The new deals bring the weighted average remaining lease term to four years at QTS Metro Atlanta. QTS owns an adjacent, 17-acre plot of land which could be developed as needed into another facility.
Seattle-Area Class A Office Asset Trades for $15M
PJP Group LLC has acquired the 41,405-square-foot, 100 percent leased office building in Kirkland at a record price per square foot.
CenterPoint IL Spec Building Fully Leased
The building, situated within the CenterPoint Intermodal Center-Joliet/Elwood, comprises 751,622 square feet and was leased to a home improvement retailer and CTDI.