Business Specialties
JLL Arranges Sale of Office Asset in Houston
Under its new ownership, Pinehollow Office Park will undergo a capital improvement program that will add retail space to the Class B development.
Next Steps for Health Care
As patients’ needs change and technology advances, health-care developments are adapting. Mainstreet Group’s Zeke Turner considers how the health-care real estate sector is shifting—and attracting investors along the way.
Fuqua to Develop ATL Mixed-Use Asset
Madison Yards, in Atlanta’s Reynoldstown, is Fuqua Development’s newest mixed-use project. The company plans to invest $250 million in the 17-acre site to develop 600 residential units and 130,000 square feet of retail, restaurant and office space.
Transwestern to Lease, Manage San Antonio MOB
Velocis’ recently acquired medical complex is currently 75 percent occupied to health care providers including Baptist Health System, MEDNAX, BB&T and the Center for Healthcare Services.
Colliers Closes 5 Leases at MA Office Asset
The company inked leases with Axis Promotions, CGI, Mortgage Network, Caras & Shulman and AAM 15 Mgmt, working on behalf of Duffy Properties. The 201,330-square-foot 78 Blanchard building in Burlington, Mass., is down to 15,000 square feet of vacant space.
LMC to Manage, Lease NJ Shopping Center
The property is leased by ACME Supermarkets. Levin Management Corp. advised LMC Properties in acquiring the asset.
Hines to Develop First San Antonio Multifamily Project
The development will be located on 11.4 acres within the retail power center The RIM and will total 380,000 square feet.
CBRE Brokers Sale of Cayman Islands Resort
The Holiday Inn Resort Grand Cayman sits on approximately 6.5 acres of prime oceanfront land and was originally planned for timeshare sales.
Construction Begins at New Henry Ford Detroit Pistons Performance Center
Slated to open in the summer of 2019, the campus is expected to incorporate a sports medicine, treatment and rehabilitation facility; an office component; and public spaces for community events.
Ken Rogozinski Rejoins Greystone in Newly Created Role
The financing specialist will serve as executive managing director of Greystone Bassuk, one of Greystone’s real estate advisory companies. Rogozinski will build structured debt products for real estate owners and developers.