Industrial
Avison Young Buys Property Management Firm in Las Vegas
Avison Young has acquired Las Vegas–based commercial property management firm Landry & Associates Inc., Avison Young announced Wednesday. The purchase places the Toronto-based company among Las Vegas’ top commercial property management firms.
Suburban Boston Office/R&D Property Commands $93.5M
Real Estate Capital Partners USA Capital Trust sold the trophy asset at 174 & 176 Middlesex Turnpike in Bedford, Mass., to Cole Real Estate Investments.
Foreign Capital, Robust Demand Drive Industrial Growth: Jones Lang LaSalle
Other key factors are global supply chain trends, worldwide growth of e-commerce and solid infrastructure, a study contends.
Launch Planned for $65M Miamisburg Business Park
By Adrian Maties, Associate Editor According to a recent report from Cassidy Turley, the office vacancy rate in the Dayton area dropped from 27.8% at the end of 2011 to 26.1% in the first half of 2012. While the improvement from quarter to quarter is relatively modest, the trend is good news for Mark Fornes […]
Federal Capital Partners Closes CRE Fund with $1.5B in Buying Power
Opportunities in the multi-family, office, retail and industrial sectors will be the focus of Fund II, which, when leveraged, will allow for a total of approximately $1.5 billion of investments.
NGKF Bolsters Midwest, Las Vegas Offices
Adding to the firm’s expertise in specialties tied to manufacturing and gaming positions Newmark Grubb Knight Frank for shifts in the economy, explained company president James Kuhn.
Highwoods Cleans House with $41M Sale of 500 KSF Nashville Office Portfolio
What Highwoods Properties Inc. views as non-core, another real estate company sees as a great opportunity. Continuing its asset repositioning program, Highwoods sold its 484,000-square-foot Highwoods Nashville Airport North Portfolio to The Lingerfelt Cos. in a $41 million transaction.
Prologis Completes Half-Billion in New Leases at Japan Projects
Prologis Inc. capped off a busy quarter in Japan with the closing of five new lease agreements totaling nearly 560,000 square feet at three projects in its development portfolio.
Colliers Adds Birmingham Office
Colliers International continued its expansion with a new Southeast office in Birmingham, Ala. The 15th office added in two years, Colliers Birmingham, formerly Sandner Commercial Real Estate, represents “a significant growth opportunity” for Colliers in the Southeast.
Brennan Investment Grabs National Industrial Portfolio for $155M
In a joint venture with London-based Gatehouse Bank plc, the private real estate investment firm acquired a national industrial portfolio from an affiliate of AIC Ventures.