Business Specialties
KBS REIT Sells $804M Portfolio to New Singaporean REIT
The 3.2 million-square-foot buy is part of the newly formed REIT’s plan to focus on office real estate in key U.S. growth markets.
Duke Adds Tenant to Miami Industrial Logistics Center
The Cushman & Wakefield team of Executive Director Wayne Ramoski and Director Gian Rodriguez worked on behalf of the landlord in the lease negotiations.
DEA’s El Paso Intelligence Center Turns to Solar
The site will benefit from reduced electricity costs, long-term electric pricing stability and reduced carbon emissions of more than 3,400 metric tonnes annually.
On the Market: 5 Interesting Listings for November
This month’s listings include a historic Massachusetts multifamily asset built in 1895 and a recently renovated office/loft space in Birmingham, Ala.
HFF Arranges $27M MOB Portfolio Recap
The company acted on behalf of both borrower Catalyst HRE and investor Charter Realty Group. 100 percent leased, the portfolio comprises six medical office buildings totaling 68,000 square feet in FL and NC.
Hospitality Ventures Completes Phoenix Hotel Renovation
The Embassy Suites by Hilton Phoenix North has opened its doors north of the city center, following extensive renovation work.
McGrath to Build St. Louis Warehouse for US Paint
The $5 million project will be conducted in two phases and will replace the existing manufacturing facility. The property will comprise a new office space, maintenance shop, quality control lab and more.
Griffin Closes Nashville’s Top 2017 Office Deal
An entity owned by Syed Shamim of Bahrain bought the 530,000-square-foot One Century Place. Transwestern will continue as property manager of the Class A building.
SteelWave, Invesco Grab LA Times Facility in SoCal
The joint venture plans to redevelop the former printing plant/office property into a creative office destination featuring a high-end public market.
Knoebel Completes Construction of Denver-Area Project
Altar’d State opened its second location in the metro and continues to grow nationwide, with more stores on the way.