Business Specialties
Marcus & Millichap Brokers Sale of Bay Area Mini Storage
The Mele Group, the company’s self-storage team, marketed the 635-unit facility located in Corpus Christi. The team represented both the seller and the buyer in the transaction.
NAI Hiffman Closes 3 Chicago-Area Office Transactions
The deals include two leases and one sale in Chicago’s East-West corridor, totaling more than 100,000 square feet in three different suburbs.
Central Valley Shopping Center Fetches $6M
Colony Plaza, anchored by a Save Mart grocery store, is 92 percent leased to tenants such as H&R Block, Supercuts and Country Skillets.
Obama Presidential Center Project on Track
After months of negotiations with the community and city legislators, the Obama Foundation has submitted a revised development plan with the City of Chicago for city zoning entitlements, marking the most important step toward breaking ground on the project.
Transwestern Closes $25M Sale of Mixed-Use Denver Asset
Allante Properties sold Highland Place, a 54,557-square-foot property consisting of 68 units and five retail stores. Denver Regional Investment Properties LLC acquired the asset.
CAI to Develop Mixed-Use Retail in Vegas
The developer of the upcoming shopping center has already signed pre-leases with national tenants, and plans to re-sell or develop the remaining square footage.
AJ Capital Receives $27M Loan for Nashville Project
The redevelopment of the hundred-year-old building will include 80,000 square feet of creative office and 40,000 square feet of retail space.
Sheraton Completes $7M Philly Hotel Renovation
Crescent Hotels & Resorts is the operator of the 250-key property constructed in the 1980s. Balongue Interiors handled the revamping process.
Caliber to Develop Tucson Convention Center Hotel
The company partnered with Rio Nuevo, a municipal stadium and special taxing district, for the currently unbranded hotel. Construction is expected to begin later this year.
DAUM Directs Lease of Inland Empire Warehouse Facility
The company worked on behalf of the lessor. The new tenant, Sunshine Metals Inc., is relocating from nearby Orange County.