Business Specialties
Allentown to Harbor Tallest Building in Lehigh Valley
Five City Center will break ground in 2018 and will include a 24-story office tower, two residential buildings totaling 225 apartments and a 1.7-acre park.
Cancer Center Underway in Riverside
HFF has arranged financing for a 27,000-square-foot medical office building to be developed by Pacific Medical Buildings. The property will be leased in full to RadNet Management Inc.
Partnership Brings New Charter School to South Bronx
The building represents the first newly constructed facility in the Classical Charter Schools portfolio. The school is scheduled to open during the 2017-2018 academic year.
Jewel-Osco to Open in Chicago’s Woodlawn
The full-service grocery store is scheduled to open in the second half of 2018. The project belongs to a joint venture between Terraco and DL3 Realty.
Lee & Associates Facilitates 35 KSF Lease to Well-Known Car Dealer
Maryland’s largest independent car dealership, Carbiz, leased 35,000 square feet at 8751 Freestate Drive in Laurel, Md. for its second business location.
Calare’s Final Step Towards Top Corporate Campus
The company broke ground on a 58,000-square-foot, Class A office building in Lowell, Mass. after long-time tech tenant signed a 20-year lease for the entire site.
Multi-Use NJ Area Development Site Sells
NAI James E. Hanson recently arranged the sale of 820 Bloomfield Ave. in West Caldwell, N.J. According to approved redevelopment plans, the former gas station might become a bank.
Flex-N-Gate Breaks Ground on $95M Detroit Plant
The 350,000-square-foot facility, which is slated for completion by early next year, will become a new centerpiece to the city’s growing I-94 Industrial Park.
Continental European Investors Covet London Market
The investment community across the pond is keen on United Kingdom’s number one hub, putting its money where its mouth is, Savills research shows.
Douglas Emmett, QIA Expand With $353M Buy
The two buildings in Santa Monica were acquired from the Blackstone Group, which continues to sell off parts of its Equity Office Properties Trust portfolio.