Business Specialties
Uber Capital Group Finances Nebraska Retail Asset
The Conestoga Mall is known as the largest mall between Lincoln, Neb., and Denver. The property has more than 60 tenants, including Best Buy, Dillard’s, JC Penny, AMC Theatre and others.
480-Unit Lone Star State Self-Storage Facility Changes Hands
The Texas City property is strategically situated near Emmett F. Lowry Expressway, a major transit corridor. Strategic Storage Trust IV was the buyer.
NAI Hiffman Negotiates New Leases at IL Office Building
Once the new tenants move into their new offices, the 271,000-square-foot Butterfield Center in Lombard will be approximately 99 percent occupied.
103 KSF Industrial Asset Trades in Greater Boston
Calare Properties has acquired a vacant building in Canton, Mass., and is planning to implement a capital improvements program to bring the asset to market standards. JLL will spearhead leasing efforts.
Ft. Lauderdale-Area Office Building Lands 89 KSF Tenant
Cresa Managing Principal Alexander Brown worked on behalf of the healthcare tenant in the lease negotiations with landlord TA Realty.
Banyan Grabs Miami Office Asset in $33M Deal
The new owner plans to invest in capital improvements and modernize the property through a series of upgrades to the building lobby, elevator and common areas.
Steel Manufacturer to Invest $250M in MO Mill
Nucor Corp. intends to build a rebar micro mill in Sedalia, Mo. The investment is expected to generate 255 jobs once the facility is operational.
Suburban Philly Office Asset Lands New Tenants
Iron Run Corporate Center in Allentown, Pa., has been recently renovated and features upgraded common areas, as well as a new lobby and fitness room.
IHG to Open First Hotel Indigo in Japan
The joint venture between InterContinental Hotels Group and ANA will open the first Hotel Indigo property in Japan in 2019. The hotel is just 90 minutes from Tokyo’s city center.
Lingerfelt Acquires Norfolk Waterside Marriott
The company purchased the 405-key hotel and plans on implementing a $25 million renovation program. CommonWealth Lodging Management, Lingerfelt’s hotel management affiliate, will operate the hotel.