Business Specialties
Hotel Okura Expands Into Myanmar
The 390-key luxury hotel will be constructed on the site of the former Defense Services Museum, within a commercial complex set to include both office and retail.
TF Cornerstone Tapped for 1.5 MSF LIC Development
The 4.5-acre site will include residential, commercial, industrial, retail and academic spaces throughout. Handel Architects, ODA and Mathews Nielsen Landscape are designing the project.
Queens Industrial Assets Sell for $78M
The joint venture plans to upgrade the buildings in order to capitalize on the growing demand for quality space within the supply-constrained New York market.
Barry Slatt Appoints San Diego SVP
Bringing more than 20 years of industry experience, Thomas Cohen specializes in the placement of debt and the procurement of equity for commercial real estate projects nationwide.
Lincoln to Lease The Gold Building in Atlanta
Located in the city’s Cumberland/Galleria submarket, the property is surrounded by retail and entertainment amenities and is near the new Atlanta Braves stadium.
Jernigan Capital Announces Self-Storage Project, Completes 3 Facilities
The company is investing $8 million in a new facility in Jacksonville that will break ground by the end of the year. Three similar developments in which it invested are now operational.
Sprint to Expand Midwest Footprint With 30 New Stores
The additions will create more than 200 new jobs across Kansas, Missouri, Iowa, Minnesota and Nebraska by quarter four of 2017.
Manhattan Retail Condo Commands $25M
Rubie’s Costume Co. purchased the 26,401-square-foot space that is currently fully occupied by New York City’s largest costume store. The sale included an additional $12.5 million loan assumption.
Belk to Invest $40M in New Stores
The company also plans to remodel 12 existing stores across their 16-state footprint, investing close to $10 million. An additional $15 million in funding will be used for capital improvements.
Foxconn Announces $10B Wisconsin Campus
The campus—to be called Wisconn Valley—will result in the creation of more than 34,000 direct or indirect jobs. The state plans to sweeten the deal with a $3 billion incentive package.