Business Specialties
Platinum Storage to Develop Facility in TN
The 828-unit self-storage development project will be located in Brentwood, Tenn. Construction at the site is scheduled to begin in March 2018.
Atlanta Industrial Boom Continues to Accelerate
As demand outpaced new deliveries in 2017, Atlanta’s industrial market set a new annual record for absorption, according to CBRE’s latest industrial and logistics quarterly report.
ASB to Sell Infomart Dallas for $800M
The 1.6 million-square-foot data center and office complex the company purchased in 2005 will soon come under Equinix Inc.’s ownership, in a cash and stock transaction.
Top 10 Office Developers in the Northeast US
In this region, companies strive to deliver massive office buildings featuring high-end amenities, with Manhattan’s Hudson Yards mega-campus leading the way.
McLane Global Renews, Expands Houston Logistics Lease
The tenant will occupy an entire building within Interstate Commerce Center, a master-planned office and logistics park with direct frontage along Interstate 45.
Marriott Recapitalizes Aruba Property
The proceeds of the $195 million mortgage on the 414-key resort and casino financed the buy-out of some of the property’s partners.
Paces Taps New Management for Atlanta Portfolio
The ten retail and mixed-use properties—two of which are currently under construction—contain approximately half a million square feet.
Scannell Properties Snaps Up NC Warehouse
The Dilweg Cos. sold Regional Commerce Center, a 46-building property at 706 Ellis Road in Durham for $6.7 million. The 1.2 million-square-foot complex was 34 percent leased at the time of the sale.
Economy Watch: Construction Costs Still Rising in Major Metros
Led by two California markets, all but one of the 12 major metros tracked by Rider Levett Bucknall posted an increase last year
SD Project Lands $33M Construction Financing
The industrial development, a cold storage facility containing more than 200,000 square feet, may be expanded to a total of 800,000 square feet in the future.