Business Specialties
Top 5 Markets for Office Transaction Growth
The metros on this list saw at least triple-digit growth rates in transaction volume year-to-date through May, compared to the same period of 2019, according to Yardi Matrix data.
RMR Group Signs GSA at Albuquerque Office Tower
The Transportation Security Administration will occupy more than 10,000 square feet in the city’s fourth-tallest building.
JLL Negotiates Sale of Orlando 7-Eleven Property
Max Krzyminski and John Krzyminski facilitated the deal on behalf of the seller, Commterra Development Group.
Hanley Investment Completes Minneapolis Retail Deal
Executive Vice Presidents Bill Asher and Jeff Lefko assisted the seller in the $3 million grocery store transaction.
Hotel Equities to Manage Three Alabama Properties
The hospitality assets include a Courtyard by Marriott in Mobile, as well as a Courtyard by Marriott and Fairfield Inn in Tuscaloosa.
CBRE to Manage 17-Acre Nashville Campus
The development by Southwest Value Partners will include a 20-story office tower to be occupied by Amazon.
Massachusetts Data Center Sells for $16M
The new owner financed the purchase with a $10.4 million loan from Cambridge Savings Bank.
Nonresidential Construction to Decline, AIA Report Says
Spending on nonresidential building, having already fallen over the last few months, is projected to decline through at least part of 2021, according to a new forecast from the American Institute of Architects.
CBRE Negotiates $32M Long Island Office Sale
The 202,225-square-foot property last traded in 2007 as part of a $2.1 billion portfolio deal between SL Green and RXR Realty.
Ground Breaks on 1 MSF St. Louis Mixed-Use Project
Forsyth Pointe in Clayton, Mo., which will include 450,000 square feet of office space, is scheduled for completion in 2022.