Business Specialties
Marcus & Millichap Closes on 79KSF SoCal Self-Storage Facility
The company acted on behalf of the seller and also secured the buyer of the 626-unit property in Palmdale, Calif.
The Hotel of Avalon Celebrates Topping Out
The new 330-key hotel anchoring Avalon will open its doors in early 2018. Stormont Hospitality Group joined hands with North American Properties and the City of Alpharetta to develop the $112 million project including Alpharetta Conference Center.
CBRE Opens New Oakland Office
The 9,800-square-foot workspace will be 100 percent free-address and paperless, making use of wireless technology to promote flexibility, mobility and productivity.
Mycon General Completes $4M Medical Clinic
The company has partnered with developer PM Realty Group, GSR Andrade Architects and owner First Prairie LLC to develop the 6,931-square-foot facility.
DLC Management Relocates HQ
With the help of TPG Architecture, DLC is designing its new headquarters, a 19,533-square-foot office space at the soon-to-be renovated Taxter office building in New York.
Noble Capital JV Launches $250M Texas Fund
US Capital Investment Management will serve as general partner for the new real estate fund, which will focus on major areas such as Austin, Houston, San Antonio and Dallas/Fort Worth.
Virtua to Develop SpringHill Suites Hotel in Avondale
A Virtua Partners-sponsored hotel will break ground this November, with entitlements currently being processed though the City of Avondale. The 130-key room property is part of a 58-acre mixed-use project.
Unfinished Business
I must have been nine or 10 when my mom told me the old joke about New York City: It would be a nice place if they ever finished it.
Sage Hospitality Opens Denver Hotel
The Dairy Block is a mixed-use development also featuring a six-story office tower, 66,000 square feet of restaurant and retail space, and a 380-spot below-grade parking garage.
A123 Systems to Build $40M HQ in Michigan
The 150,000-square-foot campus will replace the company’s leased spaces in Livonia and Romulus, serving as a workplace for more than 400 employees upon completion.