News
Denver Portfolio Buyer Lands $82M Financing
ScanlanKemperBard and Harbert Management acquired the 11 industrial, flex and office buildings in one of the city’s Opportunity Zones for more than $70 million.
Self Storage Rents Show Signs of Recovery
While street-rate rents were down 0.9 percent on a year-over-year basis, the rate actually indicates an 80 basis-point improvement compared to the previous month’s decrease of 1.7 percent.
Americold Goes South for Latest Acquisition
Under a joint venture, the company has agreed to purchase a 15 percent stake in a leading Brazilian cold storage operator.
Suburban Atlanta Retail Center Trades for $75M
Consolidated-Tomoka funded the acquisition using proceeds from a 20-property disposition which closed last year.
Lincoln Property JV Acquires DC Office Asset for $35M
The partnership plans to redevelop the site into a Class A residential property.
Hammerson Wraps UK Retail Blockbuster
The British developer has closed on the largest portfolio sale of its kind in a decade.
DC, Sao Paulo Hospitality Assets Trade for $208M
Park Hotels & Resorts sold the properties, totaling 700 guestrooms, to two separate buyers.
Keeping Ahead of Industrial Demand
NAI Hiffman’s Carrie Szarzynski discusses how the growth of the sector has necessitated an evolution of the property manager’s role and uses Chicago as a case study.
OPI Finalizes Lease Renewal at Washington, DC Office Property
The Associated Builders and Contractors Inc. will continue to occupy space at 440 First St. NW for another 12 years.
Ferrero USA To Open Greater Phoenix Distribution Center
The company will use the 643,798-square-foot facility for its North America operations, with plans to add 50 local jobs in the first year.