News

Gerding Edlen Pays $132M for Historic Portland Asset

The 1928-built, 265,000-square-foot city center property changed hands for the first time in more than 25 years.

Denholtz Properties Expands Florida Footprint

The firm secured $20.6 million in financing from BankUnited for the acquisition of Deerfield Corporate Park.

Innovo Property Group Closes $438M Recap in Queens

The firm brought in a Hong Kong-based equity partner for a 830,000-square-foot mixed-use asset.

Central Business Park. Image courtesy of Avison Young

Avison Young Brokers Sale in Growing Submarket

The firm’s Florida Capital Markets Group handled the sale of two multi-tenant industrial buildings totaling 59,687 square feet and located in Coral Springs.

Marcus & Millichap Represents Miami Investor in MOB Sale

Douglas Mandel, Benjamin Silver and Adam Klein arranged the $33.2 million deal on behalf of Leonard Boord.

Newmark Knight Frank Expands Chicago Capital Markets Team

Executive Managing Director James Postweiler and Senior Managing Directors Peter Harwood and Derek Fohl specialize in office investment transactions for institutional, corporate and private real estate owners throughout the Midwest.

Construction Launches at Denver Hotel

Scheduled to open in 2021, the yet-to-be-named hotel is situated in the metro’s RiNo neighborhood.

JV Breaks Ground on Tampa-Area Distribution Center

Red Rock Developments has launched construction on the 510,272-square-foot facility, located within the Interstate 4 industrial corridor.

Urban Land Development Buys San Francisco Office Building

PGIM Real Estate sold the 104,000-square-foot property after two years of ownership.

Highmark Health, AHN Celebrate Pittsburgh-Area Hospital Expansion

The new Jefferson Emergency Department is being completed in two phases, with the second phase slated for completion in May 2020.