Business Specialties
Comcast Opens Charleston Center of Excellence
More than 550 new customer care and technical support employees will work at the company’s new $21.4 million, 80,000 square-foot facility in South Carolina.
First Phase of Upgrades Unveiled at Charlotte Office Tower
The 32-story asset is scheduled to undergo additional upgrades during the next several months, including corridor improvements and changes to retail.
Law Firm Signs Full-Floor Lease at Rudin’s 1675 Broadway
Cushman & Wakefield represented Ballard Spahr in the signing of a 27,000-square-foot lease at the Midtown Manhattan property. The tenant is expected to move from its Third Avenue location next year.
Mack-Cali’s NJ Horizon Center Hits the Market
The REIT named Newmark Knight Frank as exclusive agent for the sale of a six-building office/flex portfolio located in Hamilton, N.J. The sale is part of the firm’s disposition plan of non-core assets.
Creating the Ultimate Fan Experience at Atlanta’s New Stadium
When HGOR was chosen to design the 60-acre, mixed-use development The Battery at SunTrust Park, it set out to create a sense of place with unique features and flexible public space to offer a better experience for visitors to the Atlanta Braves’ new stadium, notes HGOR Associate Lauren Standish.
CMBS Walks a Fine Line in 2017
This year promises to be a transitional one for CMBS, as issuers not only attempt to comply with new regulations but also face the concern that the recovery of the economy and real estate fundamentals will run out of steam, notes Yardi Matrix Associate Director of Research Paul Fiorilla.
Dilweg Cos. Snaps Up Tampa Office Portfolio
HFF marketed the assets on behalf of the seller and assisted the buyer in placing the floating-rate acquisition financing originated by a public real estate investment trust.
Prime Therapeutics Starts Construction of 400 KSF Facility
The company’s new facility will accommodate staff from four existing locations. This project is one of the largest office projects currently being built in the Twin Cities area.
Faris Lee Arranges $13M LA-Area Starbucks, CVS Sale
The sale price represented a cap rate of around 4.7 percent, which is the lowest for two freestanding pads sold in Southern California in 2017.
Cypress West Gains Management of Cali Medical Center
Cotton Medical Center is an 115,000-square-foot medical office complex in Pasadena, Calif. The owner, Meridian has invested $5 million in capital improvements to the property which was purchased in 2016 for $37.5 million.