Featured
Lamar Acquires 2 DFW Shopping Centers
The company teamed up with Real Capital Solutions to purchase Shops at Vista Ridge and Vista Ridge Plaza, totaling more than 290,000 square feet.
Strong Supply Takes Toll on Self Storage Rent Growth
Accelerated construction has dampened growth across the U.S. during the past couple of quarters, with rates declining in several large markets. Nonetheless, a number of key metros continue to offer development opportunities.
Multi-State Self-Storage Portfolio Lands $47M Bridge Loan
Talonvest Capital placed the floating-rate financing—which is secured by seven new properties totaling 539,000 square feet—with a life company.
Skanska Breaks Ground on New High School in Portland
The 352,000-square-foot building will be constructed on a 73-acre campus and will accommodate as many as 2,400 students by the 2020-2021 school year.
Westin JV Opens New Hotel in Hawaii
The hospitality company partnered with Mauna Kea Resorts on the 232-key location on the Kohala Coast, its first property on the Big Island.
KBS Sells Portion of San Jose Office Campus
The company continues to own five of eight buildings at the former Corporate Technology Centre in Newport Beach, Calif., which it plans to rebrand as District | 237.
Kimco Sells San Diego-Area Retail Center
NKF Capital Markets orchestrated the disposition of Broadway Plaza in Chula Vista, Calif., on the REIT’s behalf, securing Protea Properties as the buyer of the 356,300-square-foot asset.
Newcastle Partners Sells Silicon Valley Office Campus
NKF Capital Markets arranged the disposition of Great America Place, a 224,522-square-foot complex in Santa Clara, Calif., that dates back to the 1980s.
Skanska Sells Helsinki Office Building for $62M
Senate Properties is the new owner of K6, a 129,166-square-foot project going up in Finland’s capital city. The property has an anticipated move-in date of late 2019.
PCCP, TriStar Build $115M Warehouse in St. Louis
The joint venture is developing the two-structure, 2 million-square-foot project on 160 acres at Gateway Commerce Center in Edwardsville, Ill., for World Wide Technology.