Business Specialties
Calida Grows Vegas Portfolio With 180 Units
New ownership will use part of the loan received from PCCP LLC to renovate the community. Hampton Garden is located in the Summerlin/Spring Valley area, a top-performing submarket.
Red Roof Gets New Ohio HQ
The company will relocate from downtown Columbus to a new 43,000-square-foot office in New Albany, Ohio, to accommodate its growing corporate team.
Everest Rehabilitation Hospitals to Build OK Medical Facility
The 36-bedroom medical facility will be constructed on a 9-acre site and is slated for completion in spring 2019.
Law Firm Relocates from Downtown Orlando
Estes, Ingram, Foels & Gibbs has leased more than 10,000 square feet at Maitland Forum, a 267,000-square-foot office building located just two miles from Interstate 4.
NKF Arranges $27M Loan for Florida Hilton
The recently renovated Hilton Melbourne Rialto Place features more than 250 guestrooms and 12,000 square feet of retail space, including the largest ballroom in the county.
Hospitality Gains Momentum in 2018
Uncertainty about the federal government’s tax and fiscal policy slowed hotel transaction velocity in 2017, but sales activity is expected to increase this year, according to Marcus & Millichap’s 2018 Hospitality Investment Forecast.
Hawaii Hotel Fetches $200M
Continuing its portfolio upgrade, Xenia Hotels & Resorts sold its leasehold interest in the 693-key Aston Waikiki Beach Hotel in Honolulu, four years after acquiring the property for $183 million.
Is Cold Storage Heating Up?
The increase in online grocery sales will generate demand for as much as 35 million square feet of U.S. cold-storage space within the next seven years, according to a new report from CBRE.
Property Management Firm Doubles NJ Office Presence
Constructed in 1984, the building contains nearly 90,000 square feet along Interstate 287 and is leased to a mix of tenants.
U.S. DOE Office Would Boost Anti-Cyber Attack Strategies
Proposed in the Trump Administration’s budget, the Office of Cybersecurity, Energy Security and Emergency Response would research and develop strategies to protect the U.S. power grid.