Business Specialties
MetroGroup Secures $34M Financing for San Diego Campus
The four-building facility is fully occupied by Cobham Advanced Electronic Solutions.
George Smith Partners Secures Refi for SoCal Retail Center
The firm has arranged a $30 million loan for Plaza de Hacienda, a 156,000-square-foot property anchored by Food 4 Less.
Arizona Center Begins $25M Renovation
The joint venture paid $126 million to acquire the 16-acre complex, which has entitlements for an additional 3.9 million square feet of improvements.
Chesapeake to Lease DC Area Warehouse Facility
The 393,000-square-foot building will become available on June 1.
Newcastle Adding to Inland Empire’s Industrial Inventory
The two new industrial assets are estimated at $48.3 million once they reach full build-out.
Former USPS Building Sells for $2.5M
The Allen Morris Co. negotiated the transaction of the 20,368-square-foot Oakland Park property.
Baum Completes Sale of Chicagoland Building
The brokerage firm closed the $4 million sale of a Des Plaines property occupied by US Bank and Verizon.
Miami Beach Holiday Inn Lands Generous Refi
Meridian Capital Group arranged the CMBS financing for the oceanfront property.
Cornell Tech Campus to Welcome New Graduate
The 196-key hotel is one of several initial buildings due to sprout up as part of the university’s Roosevelt Island master plan in New York City.
Blackstone Sells Value-Add Medical Campus in Providence
Ventas is the new owner of the historic property, which includes South Street Landing, a redeveloped 269,000-square-foot municipal power station anchored by Brown University.