Business Specialties
Creative Office Space Coming to Southwest Portland
Point B is developing a 17,000-square-foot, three-story, mixed-use building, which will replace an old house and a small warehouse. Koble Creative Architecture and Abbasi Design Works designed the project.
Hines JV to Develop 250 KSF Phoenix Office Asset
Offices at Chandler Viridian will be an addition to the 25-acre mixed-use Chandler Viridian master plan development. Construction is set to begin in the second half of 2017 and is slated for completion in late 2018.
Fully Leased NJ Industrial Asset Nabs $15M Financing
Arranged by Cushman & Wakefield, the loan was used for Camber Real Estate Partners and Advance Realty’s acquisition of a distribution center in Paterson, N.J.
JW Marriott Chicago Lands $270M Natixis Refi
The 610-key luxury hotel, which opened seven years ago, is located in the former Continental & Commercial National Bank Building in the city’s downtown Loop.
CREG Grabs 259 Acres in MD for Large Industrial Spec
The company will partner with EverWest Real Estate Partners on phase one of construction, which will consist of a 500,000-square-foot speculative warehouse.
Trinity, Oaktree Form $3B Hotel JV
The partners will focus on high-quality, value-add hotels in a handful of markets around the world, including Hawaii, California, Mexico and Japan.
Bentall Kennedy Enters Portland MOB Market
The Class A asset includes space for medical offices, day surgery, on-site diagnostic imaging and laboratories, as well as 3,000 square feet of retail.
Keystone Secures $60M for OC Retail
One of Keystone’s correspondent insurance companies sourced the 15-year, fixed-rate loan for the 295,000-square-foot shopping center in Laguna Niguel, Calif.
Hanley Completes Target Shadow-Anchored Retail Sale
The 22,577-square-foot shopping center in Lake Elsinore, Calif., changed hand for $11.6 million. The asset has long-term tenants and was fully occupied at the time of the transaction.
Coldwell Banker Residential Brokers Relocates Arlington HQ
Coldwell Banker Residential Brokerage NRT will move from its current location this November, taking up 5,000 square feet of office space just off of Interstate 20.