Business Specialties
CapitaLand Sells $1.3B Mall Portfolio in China
The Singapore-based real estate company will sell the collection, which totals roughly 8.6 million square feet, to China Vanke Co. The transaction is expected to close later this year.
REIX Corp. Completes Series A Capital Raise
In addition to receiving investments from Altus Group and Real Capital Analytics, the company named Doug Prickett as global CEO, overseeing the continued development and expansion of the Mango REIX and SiiLA products.
NKF Arranges Sale of Best-in-Class MA Asset
Middlesex Marketplace is a best-in-class retail property situated along an important retail corridor in the western suburbs of Boston, comprising nearly 40,000 square feet.
Rare St. Louis Office Space Available for Lease
For the first time in 20 years, office spaces of up to 10,000 square feet on Delmar Boulevard are being offered to businesses. Avison Young is in charge of leasing efforts.
Direct Connect Logistix Expands Indianapolis HQ
The expansion project started in 2016 and cost the company more than $2 million including several upgrades. The new office encompasses 14,000 square feet.
NAI Negotiates Downtown Houston Sublease
The team of Lane Morgan and Dan Boyles negotiated the new lease at Fulbright Tower, a LEED Gold certified office tower within the mixed-use Houston Center.
AANP Breaks Ground on Texas HQ
The organization plans to occupy most of the three-story building and lease space on the first floor to other tenants.
JLL Brokers Sale of 107 KSF Studio Campus
Gaw Capital Partners has acquired the 107,875-square-foot asset in the Atwater Village of Los Angeles. JLL worked on behalf of the seller in the transaction.
Site Selection: Today’s Top Trends
Site selection and location strategy have been mainstays of corporate expansion for a long time. But new trends are shifting the way that analytical and qualitative techniques are applied when determining the optimal location for a business operation.
Polski Solar to Develop Deer-Shaped Solar Farm
The 10-megawatt facility, estimated to generate sufficient energy to power 4,500 households, will comprise 30,000 black and blue colored photovoltaic panels shaped like a reclining deer.