Business Specialties
Sorenson Media Inks 61 KSF HQ Lease
Newmark Grubb ACRES has arranged a lease for the media company in Lehi, Utah. The building is part of a 1 million-square-foot project developed by Stack Real Estate.
One Crown Way in Philly Changes Hands
The asset was built in 1996 and it currently serves as headquarters for the seller, which will lease it back until its relocation.
Kennedy Wilson Fund Grabs $144M Office Campus
The two-building, 437,000-square-foot Glendale property is 88 percent leased to 21 tenants including Cigna, also serving as the headquarters for DineEquity and Learner’s Digest International.
Switch Unveils $2.5B ATL Data Center Investment
The Keep, which is expected to be fully powered by green energy, will serve as a hub for the Southeastern U.S. market.
Cincinnati’s Port Union Commerce Park Fully Leased
With the 235,000 square feet of space available in Buildings 1 and 3 signed for by O’Gara-Hess & Eisenhardt Armoring Co. and ProFill Fulfillment, the campus is now fully occupied.
Fort Lauderdale-Area Office Asset Trades for $9M
Cushman & Wakefield worked on behalf of the seller in the disposition of the campus. The deal included a $7 million acquisition loan.
Lincoln Property Inks Leases at Atlanta Office Park
The company worked on behalf of the landlord, Emory Healthcare, in arranging six deals at the 321,000-square-foot office campus.
IKEA Lands in Nashville
The store will be situated in the Antioch area, 13 miles southeast of downtown. The company is hoping to start construction in the spring of 2019, with an anticipated opening in mid-2020.
FNB Tower Joins Raleigh Skyline
The $110 million, 22-story building developed by Dominion Realty Partners will encompass Class A office space, 240 residential units and street-level retail.
First Tru By Hilton Opens in Oklahoma City
This marks the chain’s 5,000th property, which was brought to market in 16 months from when it launched. The hotel is owned by Champ Patel at Champion Hotels.