Business Specialties
Q&A: Retail’s Rise Through Adaptive Reuse
As we may be heading to a predominantly e-commerce-oriented world, the traditional brick-and-mortar spaces are transforming. Bilzin Sumberg’s Adam Lustig reveals how retail center owners are adapting to the ever-changing retail environment and how space conversions make room for improvement.
Zeller Realty Snags Atlanta Office Tower
Lone Star Funds sold the asset to a joint venture between Zeller Realty Group and Partners Group, while ACORE Capital provided acquisition financing to facilitate the deal.
Downtown Atlanta Office Asset Commands $50M
The CBRE team of Justin Parsonnet, Jay O’Meara, Will Yowell and Ryan Reethof worked on behalf of the seller in the transaction.
CBL Properties Redevelops Central IL Mall
A number of new tenants have committed to the redevelopment, including fashion retailer H&M along with Planet Fitness and Outback Steakhouse.
LST Marketing to Relocate Dallas Branch
The marketing company will move its local office from Far North Dallas to Uptown/Oak Law as early as this spring.
Aztec Group Secures $20M Loan for FL Boutique Hotel
The firm worked on behalf of Newgard Development Group. The financing will be used for the construction of The Gale Boutique Hotel, a 96-key lodging project in Fort Lauderdale.
Scannell Properties Nabs 18-Acre Parcel in North Charlotte
HFF facilitated the $1.5 million sale. Scannell plans to build a 150,000-square-foot industrial flex building on the site, which is located in a 2.6 million-square-foot, master-planned community.
AEW Sells Salt Lake City Industrial Asset for $37M
NKF Capital Markets brokered the off-market sale of the 426,866-square-foot facility, which is fully occupied by Metro Logics, a third-party medical logistics firm.
Marriott Opens Dual-Branded Hotel in CO
The property will share its common amenities, including the swimming pool, fitness center, an in-house movie room and four meeting rooms.
KBS Signs 63 KSF Lease in St. Louis Area
The leases at the Pierre Laclede Center in Clayton, Mo., include space for The Saint Louis Club as well as office space for the St. Louis Economic Development Partnership.