Investment
CBRE Wins $200M Contract for NY Public Library Revamp
Architecture firms Mecanoo and Beyer Blinder Belle are behind the project design. Upgrades will make way for a five-story wall of book stacks, new meeting rooms, 17,000 square feet of reading and study space and more.
Holder Properties Sells 4 Office Buildings in Charleston
As part of the deal, Holder Properties has agreed to continue to manage the buildings on behalf of the new owners. Each property boasts a mix of local, regional and national tenants.
AEW Sells NJ Industrial Complex for $53M
A partnership bought the four-building asset in Pine Brook, N.J. The 530,000-square-foot property is 60 percent leased to tenants including Samsung Electronics and Pitney Bowes.
Tyson Foods to Invest $300M in 5th TN Plant
The chicken production facility will be built in Humboldt. Roughly 1,500 new jobs are expected to be created once the project becomes operational in late 2019.
Radisson Hotel Opens Near Charlotte Airport
Recently, the 91-key hotel underwent a major renovation. Located within a 15-minute drive from the Charlotte Douglas International Airport, the hotel can host events for up to 800 people.
Cambria Breaks Ground on SC Riverfront Hotel
The Cambria Charleston Riverview will feature 126 keys and 1,300 square feet of meeting space. Slated to open early in 2019, the hotel will be built by Freese Johnson Contractors.
JV Grabs Suburban MD Flex/Office Assets
RREEF has sold the properties—part of the Oakland Ridge Center in Columbia, Md.—to a partnership between Feldman Bergin Development and Fortified Property Group.
Caesars to Buy Indiana Gaming Operator for $1.7B
The company, in bankruptcy not long ago, seems to see the purchase of Centaur Holdings as a safe bet. Subject to regulatory approvals and other closing conditions, the transaction is expected to close in the first half of 2018.
Tampa-Area Shopping Center Trades for $7M
Aztec Group brokered the sale of Eastside Village Center in Lakeland, Fla. The firm represented both the seller, an affiliate of Brandywine Financial, and the buyer, CF Properties.
TA Realty Sells Suburban Ft. Lauderdale Office Assets
Avison Young’s Florida Capital Markets Group worked on behalf of the seller in the disposition of Weston Commerce Center and Chase Building.