Business Specialties
AEW Sells NJ Industrial Complex for $53M
A partnership bought the four-building asset in Pine Brook, N.J. The 530,000-square-foot property is 60 percent leased to tenants including Samsung Electronics and Pitney Bowes.
Tyson Foods to Invest $300M in 5th TN Plant
The chicken production facility will be built in Humboldt. Roughly 1,500 new jobs are expected to be created once the project becomes operational in late 2019.
Radisson Hotel Opens Near Charlotte Airport
Recently, the 91-key hotel underwent a major renovation. Located within a 15-minute drive from the Charlotte Douglas International Airport, the hotel can host events for up to 800 people.
Columbus-Area MOB Changes Hands
David Hartsook, John Hall and Kevin Connor of CBRE’s Columbus office represented the seller, Bradenton Pediatric Building Co.
C-PACE Funding Granted to Houston Office Asset
The deal marks the eighth C-PACE loan that Petros has funded in Texas and its second in Houston. The funds will be used for energy upgrades to a Houston office building located at 1225 North Loop West.
Cambria Breaks Ground on SC Riverfront Hotel
The Cambria Charleston Riverview will feature 126 keys and 1,300 square feet of meeting space. Slated to open early in 2019, the hotel will be built by Freese Johnson Contractors.
USAA Sells San Antonio Office Campus
Developed in 2014 and 2015, the two-building business park is 100 percent leased through January 2017 to USAA and Harland Clarke Holdings.
Baltimore’s Tradepoint Atlantic Lands 1st Retail Tenant
Royal Farms has signed a long-term lease for a 3.7-acre stand-alone pad and is expected to start operations in late-2018.
JV Grabs Suburban MD Flex/Office Assets
RREEF has sold the properties—part of the Oakland Ridge Center in Columbia, Md.—to a partnership between Feldman Bergin Development and Fortified Property Group.
HFF Arranges $100M for CT Office Park
The company arranged the five-year, fixed-rate loan on behalf of Clarion Partners for Merritt 7, a six-building, 1.4 million-square-foot office park located in Norwalk.