Business Specialties
Luzzatto Lands $49M for Los Angeles Adaptive Reuse Project
The new note will replace old debt and finance the redevelopment of a former Unified Grocers’ dairy plant.
Heritage Insurance Signs 89 KSF Tampa Lease
The tenant’s new headquarters is in a five-building campus undergoing a $10 million capital improvement plan.
CAPREIT Buys Ontario MHC Portfolio
The Canadian REIT spent nearly $7 million for three manufactured housing communities comprising 169 sites.
Cushman & Wakefield Arranges $17M Phoenix Office Sale
The firm assisted both parties in the transaction of the three-building, 100,241-square-foot property.
Trammell Crow JV Breaks Ground on Maryland MOB
The 97,000-square-foot, Adventist HealthCare-anchored facility is on target to deliver in early 2022.
Mack Real Estate Group Pays $59M for Phoenix Asset
The firm acquired a newly built logistics property in Goodyear, Ariz., in one of the region’s biggest industrial deals of the year.
Office Changes Are Here to Stay, NAIOP Panel Predicts
Tenant health and wellness, along with touchless technologies, are among the most important considerations in the office sector.
CMBS Special Servicing Rates Surge: Trepp
Retail- and hospitality-secured CMBS hit record-high levels in September.
UMH Properties Secures New Revolving Credit Facility
The $20 million financing agreement is expandable to $30 million and has a three-year term.
Trilith Development Launches 935-Acre Studio-Centric Concept
The company has merged its Trilith Studios with the Pinewood Forest urbanist town development to create a new live-work setting catering to Atlanta’s film and creative industries.