Business Specialties
Transwestern, JDM Partners Buy 2 MSF Tempe Office
The partnership acquired the five-building Marina Heights campus from State Farm Automobile Insurance Co. in a sale-leaseback deal valued at $928 million, which could mark the largest-ever CRE sale in metro Phoenix.
JLL Report: Most Expensive Streets 2017
Office tenants—particularly those in the financial, legal and technology industries—remain willing to dole out the big bucks for premier space on the most coveted boulevards across the country.
Children’s Hospital Expansion Set to Open in Palo Alto
Stanford Children’s Health’s pediatric hospital campus will more than double its size by adding nearly 150 beds in its latest sustainably designed building.
AvalonBay Signs 73 KSF Lease in Arlington, VA
The final phase of the Liberty Center development, 4040 Wilson, will feature a mix of residential and office space over 22 stories. Construction will begin in early 2018 and is expected to finish in 2020.
Lifestyle-Oriented Retail Center Coming to Pembroke Pines
Terra Group plans to break ground on 16000 Pines Market’s commercial phase in early 2018, with opening estimated to take place in the third quarter of 2019.
Petrosoft Consolidates Pittsburgh HQ
The company will move its employees to a newly refurbished, 67,000-square-foot office building in Pittsburgh due to the expansion of its retail operations.
PCCP Provides $22M to Recap Charlotte Hotel
The real estate finance and investment management firm acted on behalf of Lowe Enterprises Investors to arrange the loan for 175-key Aloft Charlotte Uptown.
Mohr Partners Taps New Managing Director
Mike Rapp joins the leadership team of the company’s Atlanta office after receiving his SIOR designation in recognition of his work.
Kansas City’s Corrigan Station Is Fully Occupied
Developed by Copaken Brooks and 3D Development, Corrigan Station has welcomed its final tenant—CardConnect. Specialized in advanced payment solutions, the company will occupy the last 11,150 square feet available.
Chicago-Area Self-Storage Facility Changes Hands
Marcus & Millichap marketed the 44,000-square-foot facility located in Romeoville on behalf of a private investor, representing the buyer as well.