News

CBRE Brokers Pompano Beach Industrial Lease

Velocity Aerospace Group will occupy 51,000 square feet in a newly built industrial park starting in 2020.

Colliers Strengthens Florida Retail Team

The firm has welcomed Nikki Traff, former Madison Marquette vice president.

Inland Private Capital Sells Albuquerque Office Building

After a decade of ownership, the REIT sold the 76,768-square-foot property for $9 million.

SquareFoot Appoints Its First President

Michael Colacino, the former president of Savills, has joined the company’s leadership after being initially contacted for an advisory role.

Self storage units. Image by luismmolina/iStockphoto.com

Self Storage Rents Still Down Year-Over-Year

Heightened construction activity continued to hinder rent growth in the storage sector across the U.S.

Value-Add Play Wins $64M in Suburban Los Angeles

As demand grows for big blocks of office space, Griffin Capital Essential Asset REIT emptied 2160 Grand Ave. in El Segundo, Calif., and sold the 151,300-square-foot building to SteelWave.

Paramount Group Closes $1.3B Manhattan Refi

New financing for the 49-year-old trophy tower in the Times Square submarket was arranged by Eastdil Secured.

Privacy Booth Creates Quiet Workplace Retreat

The spacious product from VARIDESK is equipped with a fixed-height shelf, multiple AC and USB ports and a skylight.

Angelo Gordon JV Sells Tampa Office Portfolio for $157M

The five-building collection includes WeWork Place, a 19-story tower that occupies an entire city block.

Prologis, Norges Buy $2B Logistics Portfolio

The partnership’s purchase of 19 million square feet of logistics properties in markets across the U.S. follows a string of blockbuster industrial deals.