News
CapRock Closes Second Funding Round With $180M
The firm will focus on middle-market, value-add facilities in California, Nevada and Arizona.
Top 10 Office Projects Under Construction in Phoenix
Some 2.5 million square feet of office space is slated for delivery this year in the metro, according to Yardi Matrix data.
Avison Young Spearheads Miami Industrial Sale
The company assisted RAM Steel Framing in the $7.6 million sale-leaseback of its headquarters.
IRA Capital Acquires Orange County MOB for $38M
St. Joseph Hospital of Orange has leased the 56,809-square-foot facility since 2008.
Construction Completed on Florida Panhandle Hotel
The four-story hotel in Panama City Beach is less than two miles from the waterfront.
Global Business Districts Rankings Shift
Western markets continue to lead in desirability, but Asian cities are narrowing the gap, according to a new report from EY and the Urban Land Institute.
New Jersey Industrial Facility Scores $20M Refi
Working on behalf of Elberon Development Group, JLL arranged the 20-year, fixed-rate loan.
J.C. Penney To Shed 29% of Stores Amid Retail Reckoning
The iconic department store chain plans to slim down its footprint after filing for bankruptcy last week.
NAI Partners Buys Southwest Houston Industrial Park
The new owner’s management division will operate the 16-building Avera Commerce Center.
Microsoft Inks 500 KSF-Plus Office Lease in Atlanta
At one stroke, the company’s move fills all of Hines’ two-building Atlantic Yards project in the West Midtown neighborhood and brings 1,500 new jobs to the city.