Business Specialties

Former NC Kmart Becomes 70 KSF Self-Storage Facility

Aston Properties made its first retail to self-storage conversion by transforming an old Kmart store in Monroe into a self-storage property that will be managed by Extra Space Storage.

120 Broadway, New York City

Macmillan Leaves Flatiron Building for Lower Manhattan

The publishing company will relocate to the 1.9 million-square-foot office tower at 120 Broadway, pushing the building’s lease level to 96 percent.

Legacy Tower Building in Durham, N.C.

Architecture Firm Relocates to Durham Office Tower

The new tenant’s studio is the first workplace in North Carolina to achieve Fitwel certification, an evidence-based standard that promotes occupant health and productivity.

Renaissance Charter School at University in Tamara, Fla.

Colliers Closes Sale of Florida Charter Schools

Executive Vice President & National Director Todd Noel and Senior Vice President Achikam Yogev worked on behalf of seller ESJ Capital Partners in the transaction.

Grove Tower

St. John Properties Breaks Ground on SLC Campus

The company is investing $250 million in the development of Valley Grove, a 62-acre master-planned community in Pleasant Grove City, Utah.

Bo Bond

Data Center Sector Driven by M&A, Cloud Demand

Construction rose by a whopping 43 percent in the first half of 2017, while industry consolidation powered a $13 billion surge in mergers and acquisitions, according to a new JLL report.

duETS Product Invites New Players to Real Estate Field

Global Index Group CEO Kelly Haughton discusses the launch of duETS, a synthetic investment product that provides investors with a new way to participate in the private real estate market.

Home2 Suites by Hilton Azusa Opens

Fine Hospitality manages the 110-key property owned by Amazing Investment LLC, which compliments the booming tourism industry in Los Angeles County.

Newark Dreams to Join Ranks of Destination Cities

As the Garden State’s largest city is looking to get into the revitalization game, cranes are returning to the skyline, with $1 billion of projects underway and another $4 billion in the pipeline.

New Disney Resort Scores $218M in Construction Financing

The capitalization comprises both senior and mezzanine debt and was arranged by a partnership of Walker & Dunlop Miami and SRF Ventures Inc.