Business Specialties
Grocer Joins Seattle’s Rainier Square
PCC Community Markets will open a new flagship grocery store, totaling approximately 20,000 square feet, in the downtown Seattle high-rise development.
Gladstone Acquires Central AL Industrial Asset
Located 20 miles from Tuscaloosa, the building encompasses more than 125,000 square feet of manufacturing and distribution space, purpose-built for Truck and Wheel USA Corp.
Scotiabank Inks 19 KSF Cayman Islands Lease
The LEED Gold-certified mixed-use building opened in 2016 and is home to PwC and a number of other financial services firms.
Memphis Industrial Reuse Project Lands LEED Platinum
The former Sears Crosstown distribution center is now a 1.5 million-square-foot mixed-use development comprising apartments, office and retail, as well as a high school.
Paris Towers Earn Europe’s 1st Green Bond Certification
Developed by Ivanhoé Cambridge and Natixis Assurances, the 1 million-square-foot DUO project includes some 21,500 square feet of green space.
Arriba Secures $41M for Atlanta Dual-Branded Marriott
The 194-key Fairfield Inn & Suites and Towneplace Suites will feature seven stories set atop a 220-space, five-story parking deck.
NKF Capital Markets Taps New President of Strategies
Anthony Orso will be responsible for supporting the integration of Berkeley Point Capital with ARA, two companies the firm recently acquired.
Miami-Area Business Park Hits Full Occupancy
CPF Investment Group’s master-planned AVE Aviation & Commerce Center is home to roughly 30 tenants, including Goodyear, USPS and Turbopower Rolls Royce MRO.
Pair of NJ Industrial Assets Commands $65M
Sitex Group recently developed one of the buildings and completely renovated the other. Both assets sit in the active New Jersey Port submarket.
Marijuana Laws Slowly Impact Industrial CRE
As more and more states legalize the medical and/or recreational use of marijuana, demand for cultivation/grow facilities is on the rise, spurring the repurposing of distribution and warehouse properties to accommodate the budding business.