Business Specialties
Empire State Building Adds New Tenants
The iconic Manhattan building will house RaySearch Americas Inc. and BTS USA, which signed leases totaling 24,400 square feet.
Brennan JV Acquires GA Industrial Asset
The distribution center located in Canton comprises more than 450,000 square feet and is fully occupied by online furniture retailer Belnick Inc.
Terra Sells $72M Miami-Area Retail Center
Doral Commons, which was 95 percent leased at the time of sale, fetched $514 per square foot two years after being completed.
Luxury Ski Resort in Utah Scores $60M Refi
The loan will also cover the facility’s expansion, which is expected to begin later this year or in early 2019.
Hines Nabs Industrial Space in Tight SoCal Market
The firm intends to implement a robust improvement plan, looking to position the site as a facility for last-mile distribution or traditional manufacturing and warehouse tenants.
Vertex King of Prussia HQ Trades for $47M
The Class A property is located within the 200-acre Renaissance Park corporate campus. HFF represented both parties in the transaction.
Friedman Negotiates Lease for Meritus Property
The 20,045-square-foot space is part of Tri-Atria Office Building, a two-story property located in Farmington Hills, Mich., and managed by Sterling Group.
Boston University-Proximate Retail Asset Trades
J. & M. Realty Inc. has sold 957 Commonwealth Ave., a 15,800-square-foot retail property in Brighton, with the aim of serving Boston University’s students, faculty and staff.
US Storage Centers Completes Miami Self-Storage Facility
The company developed the facility in partnership with The Feldman Cos. The asset, located in North Miami, comprises 1,120 climate-controlled units.
Compass Self Storage Continues GA Expansion
The Amsdell Group affiliate has purchased a 72,000-square-foot facility in McDonough, Ga. The asset marks the 12th Atlanta-area Compass Self Storage facility.