Business Specialties
WPG, O’Connor Close Second Retail JV
Washington Prime will continue to lease and manage the 2 million-square-foot portfolio, which comprises seven open-air shopping centers valued at $600 million.
Opinion Shopping
What do retail owners really think? CPE partnered with Kingsley Associates to find out what they like—and don’t like—about their retail centers.
Caves Valley, Greenberg Gibbons Team Up in Maryland
The companies are investing $350 million in the construction of a 1.2 million-square-foot project that will bring office, retail, luxury residential, student housing and a hotel to downtown Towson.
CBRE Snaps Up South Florida Firm
The acquisition of Brenner Real Estate Group expands the company’s footprint in Broward and Palm Beach counties.
Waveform Collection Offers Unique, Architectural Lighting
The manufacturer, already known for its avant-garde products, released the new range in time for the 2017 International Contemporary Furniture Fair in New York.
Carter Validus Grabs Largest Data Center in Connecticut
In addition to the data center, the REIT bought four health care facilities in Illinois and Texas, the purchase price for all five properties being over $141 million.
Level 3 to Transform Downtown San Diego Hotel
Narven Enterprises has selected the company to renovate the Holiday Inn Express, a 131-key property. The makeover will include room upgrades and the addition of 13 new guestrooms.
NGKF Scores $59M Refi for Greenwich Village Assets
Owners Quality Capital and Caerus Group plan to renovate and expand the three adjoining buildings. NGKF Capital Markets’ Jordan Roeschlaub and Daniel Fromm brokered the loan.
Chicago CBD Asset Changes Ownership After 22 Years
Baum Realty Group brokered the sale of a boutique, mixed-use building at 6-8 S. Clark St., which has been under Wendy’s ownership since 1995.
GrafTech’s Ohio HQ Up for Sale
Home to the firm since 1973, the facility in Parma, Ohio, offers 200,000 square feet of office space and more than 100,000 square feet of industrial space.