Business Specialties
Huff, Niehaus & Associates Arranges Sale of KY Hotel
Dhami, Sohal & Sehgal Properties sold 101-key Hampton Inn in Horse Cave for $4.4 million. The new owner plans to renovate the building.
Thorne Research Breaks Ground on 272 KSF SC Facility
The new facility will serve as the company’s manufacturing center and corporate headquarters. Roughly 330 jobs will be created by the nutritional supplement company in Summerville.
National Distribution Centers Leases 864 KSF in CA
Newmark Knight Frank represented Industrial Property Trust in the leasing of Perris Distribution Center, a Class A industrial building slated for LEED Silver certification.
Behind the Soaring Demand for Scottish Hotels
Resilient to wider geopolitical headwinds, the Scottish hotel market is attracting an increasingly larger amount of capital, especially from the U.S. and India. The relative weakness of the pound sterling and the sharpness of yields are some of the factors behind this trend, according to Steven Fyfe, associate in the hotels team at Savills Scotland.
Suburban Boston Tech Campus Trades for $46M
The seven-building Marlborough Technology Park in Marlborough, Mass., is home to a diverse and strong tenant roster that includes Cavium Inc., ViaSat, Oracle and Roche.
Watkins Breaks Ground on New AL Retail Center
A Publix-anchored shopping center broke ground in Huntsville, Ala. The $12 million development is scheduled for completion in the first part of 2018.
ResCare Plans KY HQ Relocation
The company awaits the completion of a new building, part of the ShelbyHurst Office Campus in Louisville, Ky., to transfer its 340 local employees.
Mortgage Firm Renews Lease at The Centre in North Dallas
TexasLending.com renewed its 25,000-square-foot lease in Farmers Branch, Texas. Stream Realty Partners represented the tenant in the renewal, while Boxer Property Management represented the landlord.
Goldman Sachs Joins $5.5B Baltimore Revitalization Project
The financial company’s Urban Investment Group is contributing $233 million for the construction of Port Covington, a 235-acre master-planned development on the city’s waterfront. The commitment marks the fund’s largest single private equity investment ever.
Vacant 840 KSF Industrial Building Sells in Vacaville, CA
The buyer’s investment strategy includes a comprehensive capital improvement plan to make the facility, located at 700 Crocker, attractive to Bay Area tenants.