Deals
vXchnge Acquires 100 KSF Data Center in Austin
The facility is currently doubling its capacity and upon completion, it will provide 26 megawatts of power. The property offers convenient access to the Texas Triangle.
Frisbie Group Picks Up Palm Beach Office Asset
Located on the “Rodeo Drive of Florida”, the boutique property is home to a mix of notable tenants including The Neiman Marcus Group, Branch Banking and Trust Co., UBS and Ferretti Group.
Harrison Development Buys AZ Distribution Center for $14M
Central Arizona Distribution Center has 379,972 square feet available for leasing. The property is located near the interchange of I-8 and I-10, providing easy access to several major cities.
Armada Hoffler Initiates Phase VI of VA Development
Town Center, an ongoing partnership between Armada Hoffler Properties and the City of Virginia Beach, has seen more than $560 million in public and private funding. Phase VI brings two national retailers, as well as additional restaurants and apartments.
C&W Arranges Office Relocation to Miami’s Doral Court
According to Cushman & Wakefield research, this qualifies as the largest office relocation lease of 2017 in Miami-Dade, Palm Beach and Broward counties.
Jernigan To Break Ground on NJ Self-Storage Facility
The company has expanded its self-storage portfolio with a $14.7 million investment in North Bergen. The facility will offer 68,000 square feet rentable space.
South SF Office/R&D Campus Welcomes New Tenant
Corbion will move into the South Tower of Genesis, a two-building research and development/office campus in South San Francisco, at the beginning of November. The new tenant will relocate nearly 50 employees.
ATCO-Migdal JV Snags Manhattan Office High-Rise
The 18-story building is situated in the Garment District, just steps away from Penn Station and Herald Square. Fashion designers Jason Wu, Thom Browne and Reem Bridal, along with media group Newsday, are among the property’s tenants.
JLL Arranges Sale of Office Asset in Houston
Under its new ownership, Pinehollow Office Park will undergo a capital improvement program that will add retail space to the Class B development.
Fuqua to Develop ATL Mixed-Use Asset
Madison Yards, in Atlanta’s Reynoldstown, is Fuqua Development’s newest mixed-use project. The company plans to invest $250 million in the 17-acre site to develop 600 residential units and 130,000 square feet of retail, restaurant and office space.