Business Specialties
Quantum Capital Secures $50M Retail Refi
The loans will refinance a Walmart-anchored shopping center in Torrance, Calif. and four fully leased retail buildings in Beverly Hills, Calif.
Columbia Property Trust Completes Renovations at DC Office Building
The 285,000-square-foot 80 M St. in Washington, D.C. underwent a $3 million renovation that brought the building’s occupancy level to 94 percent.
Home2 Suites by Hilton Expands in Emerald City
The newest Home2 Suites by Hilton hotel in Seattle is located near the largest military installation in the western U.S. Lexmar Hospitality owns the property.
Tampa Office Tower to Undergo Major Renovation
Current joint venture ownership plans to completely transform the building’s façade, in addition to upgrading and introducing several new tenant amenities.
Barclays Nabs Revitalized NJ Office Campus
Long-term tenant Barclays Capital acquired the three-building The Crossings at Jefferson Park in Whippany, N.J, from a joint venture. The complex underwent a three-year multimillion-dollar renovation and features The Powerhouse, an 11,000-square-foot, stand-alone amenities center.
HFF Secures $170M Refi for NoCal Retail Portfolio
The 33 triple-net-leased grocery retail assets in San Francisco Bay Area, Sacramento and the Central Valley are fully occupied under a master lease with The Save Mart Cos.
C&W to Lease, Manage St. Petersburg’s Tallest Office Tower
Priatek Plaza encompasses an entire city block in the city’s Central Business District and has recently come under new ownership.
Int’l Recruitment Firm Coming to Philly
Frank Recruitment Group will occupy 21,300 square feet of space at 1801 Market St. where it will establish its regional Pennsylvania headquarters. The company will create 250 jobs for the new office.
First Tenant Expands Lease at Triangle Office Asset
The San Jose-based firm is the first tenant to commit to the recently delivered Class A property, one of the largest developments on the corner of interstates 40 and 540 in the Raleigh-Durham area.
McCraney Breaks Ground on Tampa-Area Industrial Center
The development will be constructed in two phases, starting with phase one’s Building 100 and 200. Spaces for Phase I will be available in the third quarter of 2017.