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Hines Nabs Industrial Space in Tight SoCal Market
The firm intends to implement a robust improvement plan, looking to position the site as a facility for last-mile distribution or traditional manufacturing and warehouse tenants.
Vertex King of Prussia HQ Trades for $47M
The Class A property is located within the 200-acre Renaissance Park corporate campus. HFF represented both parties in the transaction.
Poll: Tax Bill Provisions’ Impact on Real Estate
CPE has a new poll! We want to know your thoughts on how the tax bill provisions will impact the real estate industry.
Sacramento Office Market Gains Momentum
The sector is picking up, fueled by recovering office-using industries, growing demographics and increasing leasing activity, Yardi Matrix data shows.
Forest City Ratner CEO Launches NYC Development Firm
L&L Holding Co. founders David Levinson and Robert Lapidus will share ownership with MaryAnne Gilmartin in the joint venture and assist in the sourcing, financing and implementation of major ground-up projects.
France’s AXA Investment Snags $165M Office Asset in DC
The Paris-based real estate assets investment and management firm acquired the 210,000-square-foot trophy property in a joint venture with Stewart Investment Partners.
Two Sign Leases at Chicago Trophy Tower
Andersen Tax took 26,000 square feet and will relocate from 222 W. Adams in May 2018, while JAMS will expand within the building by another 19,000 square feet.
Companies Compete for Space in Denver
Led by technology, telecommunications and energy, businesses are expanding across the metro, intensifying competition for office space in both the CBD and the suburbs.
CRE in 2018: Change Is Afoot
The good times in the commercial real estate industry have continued to roll for more than a few years now, but something new is brewing, according to a report by commercial real estate services firm Avison Young.
DRA Advisors Sells Metro Atlanta Office Park
CBRE brokered the transaction and will retain leasing and management of the 1.2 million-square-foot asset, which includes 21 mid- and low-rise buildings along the I-85 corridor in Chamblee, Ga.