Business Specialties
Construction Firms Welcome 2018 With Confidence
According to a new survey by the Associated General Contractors of America and Sage Construction and Real Estate, the construction industry has high expectations for a successful year.
Eastern Consolidated Arranges $121M Financing for NYC Hotel
The real estate firm orchestrated a $97.5 million first mortgage and a $23.9 million mezzanine construction loan for the McSam Hotel Group’s development of a dual-branded, 526-key lodging project in Chelsea.
Pure Industrial Acquires Atlanta Warehouse
The Canadian REIT purchased Phase II of King Mill Distribution Park, a 760,256-square-foot property in McDonough, Ga., from a joint venture between Trammell Crow Co. and Allstate.
Bellomy & Co. Brokers 3 Self-Storage Transactions
The three transactions include the sale of two self-storage facilities and a self-storage development site. The assets are located in Houston, Austin and San Antonio.
Talonvest Secures $27M to Finance 3 Acquisitions
The company secured three separate bridge/acquisition loans for two Chicago facilities and a three-property portfolio in Western Michigan on behalf of Devon Self Storage.
CBRE Snags MD Mixed-Use Asset
The transit-oriented North Bethesda Market comprises nearly 183,000 square feet of retail and 411 apartments.
Amazon Coming to South Florida
Amazon’s new fulfillment center in Opa-Locka, Fla., is expected to boost the city’s job market, as well as benefit neighboring developments. CPF Investment Group’s Ernie Cambo spoke to CPE about the impact Amazon’s presence will have on the local real estate market.
Marriott Opens New TownePlace Suites Near Nashville
The 101-key all-suite hotel is located within 12 miles of downtown Nashville and offers amenities including complimentary Wi-Fi and event space.
WeWork to Open Second Buckhead Location
Cousins Properties inked a new long-term lease with the office sharing company at Terminus 100. WeWork plans to move into its new space in the spring.
SUS America Expands Chicago Operations
The machinery developer and producer leased a 22,500-square-foot space within the Regent O’Hare business park, marking NAI Hiffman’s 10th deal at the property.