Business Specialties
CBRE Secures $27M Loan for Minneapolis Hotel
The developer plans to build in downtown Minneapolis as part of a block of development that includes an apartment tower, brewery and its own new headquarters.
WPG to Revamp Indiana Mall
Washington Prime Group intends to spend $17 million on the transformation of Markland Mall into a hybrid shopping center, which incorporates both enclosed and open air spaces.
Mark IV Expands La Frontera Office Campus
The new building will be adjacent to the 87,186-square-foot Summit I, purchased by Mark IV in 2013 from Moore & Associates. The asset is the largest office building under construction in the Austin submarket.
German Automotive Supplier to Invest $69M in SC Plant
IFA will build a 234,000-square-foot manufacturing facility in Summerville, S.C. The company intends to create more than 120 jobs in the coming years.
AmbioPharm Invests in $18M Expansion
The biopharmaceutical manufacturer will create 100 jobs to accommodate growth in Aiken County, S.C. The expansion project will add 50,000 square feet to the company’s existing facility.
SC Metal Processer to Invest $13M in Plant Expansion
Kloeckner Metals intends to add 50,000 square feet to its existing Greenville County operations. The Georgia-based company will create 19 jobs.
UPS Subsidiary to Create 325 Jobs in Atlanta
Coyote Logistics announced that the firm will develop a new 48,000-square-foot operations center at Atlanta’s Armour Yards, a flexible loft-office campus.
Hilton, Blackstone Grab 1,201-Key Vegas Resort
The joint venture acquired The Elara, one of the largest timeshare properties in the world. The asset features four penthouse floors, retail and 17,000 square feet of ballroom space.
Jacobs Tapped for Siemens Walpole Expansion
The facility comprises 30 different projects which will be built over a three-year period as part of a master plan to increase production capacity and expand office and lab space.
Bell Works Lands $70M in Financing
Somerset Development is transforming the two million-square-foot property into an indoor “downtown area” with retail on the ground floor, office and hotel on the upper floors, as well as single-family and townhomes.