Business Specialties
CBRE Brokers Sale of Nashville Suburb Landmark
The 28,357-square-foot historic bowling building in Madison, Tenn., traded for $2 million. CBC Ltd. sold the property to Frank May, a buyer represented by Benchmark Realty.
Stark Enterprises Enters NYC Market
In a joint venture with Sun Equity Partners, the firm purchased an asset leased long-term to Con Ed New York for $98 million.
Balfour Beatty Lands $581M Contract in Texas
The company will advise the Texas Facilities Commission on construction of the first phase of the state office and promenade project in Austin.
Brandywine Breaks Ground on $3.5B Philly Project
The firm will begin construction on the first phase, which will comprise educational facilities, research laboratories, corporate offices and more. Brandywine is partnering with Drexel University on the master-planned project.
SOMA Office Building Commands $27M
Situated in a growing tech hub in San Francisco, 945 Bryant Street boasts open floor plates, 15-foot ceilings and plenty of natural light. The transaction is Bridgeton Holdings’ fifth in the city and second this year.
Midcoast Properties Brokers NC Self-Storage Facility Sale
The 20,000-square-foot, four-building asset, Alcom Mini Storage, is in Cherryville, N.C. Midcoast Properties represented the seller.
SoCal MOB Lands $25M Loan
The approximately 40,000-square-foot asset was subject to a fixed-rate construction loan. Keystone Mortgage Corporation will oversee financing.
Transwestern JV Buys Seattle-Area Office Park
Equity Office Properties Trust sold Redmond Hilltop, a 178,769-square-foot office campus in Redmond, Wash., to a joint venture between Transwestern and Diversified International Partners.
Greenbuild 2017: Electrochromic Glass Controls Light, Energy Savings
SageGlass’s unique electronically controlled windows, walls and skylights allow for automated or manual control of sunlight and heat.
TN Plastic Manufacturer Plans $42M Expansion
M&M Industries intends to expand its current Chattanooga plant and also acquire a new industrial building in the county. The investment is expected to create 110 new jobs.