Business Specialties
Garment District Office Tower Close to Full Occupancy
In a deal brokered by the Kaufman Organization and Adams & Co., Shanghai Shenda America recently inked a 12,015-square-foot, full-floor lease at 550 Seventh Ave., following showroom expansion plans.
City Greenlights Transformative Atlanta Project
Grant Park Gateway stems from a 2015 study by the city looking at current and future traffic and parking demands for Grant Park and Zoo Atlanta. The development will be funded through bond revenue and supplemented by additional sources.
PAC Nabs Atlanta-Area Retail Center
The company acquired an 80,018-square-foot shopping center anchored by a 45,600-square-foot Publix grocery store. PAC financed the acquisition utilizing a $11.5 million non-recourse first mortgage loan.
Kennedy Wilson, Euro-Affiliate to Combine Into $8.2B Entity
The transaction is expected to close during the third quarter of 2017. The deal will reportedly create a global portfolio of more than 400 properties with an enhanced geographic mix and broad diversification across real estate sectors.
Renovated ATL Office Building Lands New Leases
Five new tenants signed leases for a big chunk of space at one of Columbia Property Trust’s office assets in Atlanta.
Colliers Lends a Hand in $60M MOB Package Deal
The 10-building Blackstone Valley Medical Office Portfolio encompasses 301,700 square feet of institutional-quality, Class A medical office space located across three Rhode Island submarkets.
Terreno Realty Lands Seattle Distribution Building
The company paid $5.9 million to acquire the 35,000-square-foot property, which is located at 25-29 South Hanford St. in the SoDo district.
Boston Historic Building Trades in Sale-Leaseback Deal
Colliers International arranged the disposition of 148 State St. on behalf of Public Consulting Group Inc., which will keep its headquarters downtown.
SF Public Safety Campus Welcomes New Police HQ
The 300,000-square-foot, LEED Gold-certified project is the result of a partnership between HOK and Mark Cavagnero Associates.
Lee & Associates to Manage 224 KSF Office Center
The company is ready to start leasing and management services for Maryland Corporate Center, a four-building office property in Lanham, Md.