Business Specialties
Silicon Valley Project Lands $79M Construction Loan
Development on Broadway Station will start in the third quarter, with delivery expected in the summer of 2019. Chan Zuckerberg Initiative already preleased the entire building.
$3B Water Street Tampa Development Kicks Off This Fall
The upcoming 9 million-square-foot project will transform the downtown neighborhood, bringing new office, residential, retail, hospitality, cultural and public space over a 10-year build out.
AMD Global Buys, Renovates Houston Hospital
The development firm is the new owner of a four-decade-old health-care property, currently home to St. Joseph Medical Center in The Heights neighborhood.
Monmouth Lands 316 KSF Industrial Building in SC
The public equity REIT purchased the asset for $21.9 million. The building is net-leased to Autoneum North America Inc., a Delaware corporation.
Berkshire Hathaway Invests $377M in STORE Capital
STORE issued 18.6 million shares of company stock in a private placement to a wholly owned subsidiary of Berkshire at a price of $20.25 per share.
Westwood Financial Lands Sixth NC Shopping Center
The Arbors at Mallard Creek, a 55,323 square-foot retail asset in Charlotte, is the company’s most recent acquisition. CBRE represented both the seller and the buyer in the $25.1 million transaction.
CBRE Arranges Greater LA Industrial 1031 Exchange
The three-building park in Norwalk, Calif. changed hands for $14.1 million and is 98 percent leased to a variety of tenants, including Ford Motors.
Medical Company Relocates HQ From NoVa to Baltimore
The company plans to invest $6.5 million in the Pigtown headquarters and research and development facility. The firm’s new base is owned by Bernstein Management.
Kidder Mathews Taps Inland Empire SVP
Dean Krieger brings more than 30 years of industry experience. In his new role, he will specialize in tenant representation throughout the Inland Empire and Orange County.
New 75-Key Hotel Breaks Ground in East Austin
The $15 million, six-story hotel will begin commercial operation by the end of August 2018 and will include 26 cabana-type lodging rooms.