Business Specialties
Ohio Quarter Horse Association Relocates to Columbus
The association will move from Richwood, Ohio to a 26,000-square-foot mixed-use building in Columbus, Ohio once improvement work at the facility finalizes.
LA Retail Asset Lands $29M in Financing
HFF represented the borrower in securing the two-year, fixed-rate loan for the acquisition of a 244,000-square-foot retail structure anchored by Macy’s.
HFF Closes Sale of Broadway Shopping Center
The tenant roster at the 74,604-square-foot power center includes Big Lots, Da Vita Dialysis, West Marine and Subway. More than 34,800 residents live within a three-mile radius of the property, while more than 64,000 vehicles pass by daily.
New Abilene Shopping Center to Open Next Year
Prestige Development Group will build a 171,027-square-foot ground up retail center in Abilene, Texas. The company preleased more than 140,000 square feet at the property.
Penn Medicine Kicks Off $1.5B Philly Project
The Pavilion, a 1.5 million-square-foot hospital rising at the site of the former Penn Tower in West Philadelphia, marks the largest development in the university’s history.
CCP, Sabra to Create Healthcare Giga-REIT
The combined company is expected to have an equity market capitalization of $4.3 billion and a pro forma market cap of about $7.4 billion.
How to Handle the CMBS Refinancing Challenge
Daniel Martin, partner at McDermott Will & Emery, discusses the wall of CMBS maturities coming due this year and his outlook for the CRE lending market.
Union Investment Snaps Up $154M Denver Asset
The Triangle Building, a 226,000-square-foot, uniquely shaped Class A office property in lower downtown, was 98 percent leased at the time of sale.
Divaris Real Estate Completes NC Retail Leases
The company’s broker negotiated on behalf of both Wendover Village in Greensboro, N.C., and Cornelius Shops in Cornelius, N.C. The two leases total 2,820 square feet.
First Phase of Bearkat Wind Energy Project Begins Construction
The project, located in Glasscock County, Texas, will generate 197.6 megawatts of clean energy once the first phase is finalized. Upon completion, the project will total 380 megawatts.