News

Related Cos., Bedrock Team Up for $300M Detroit Innovation Center

The firms are part of the public-private partnership developing the 14-acre Detroit Center for Innovation which, along with the research building, will feature residential units and a hotel.

Connecticut Bets on Opportunity Zones

As part of a statewide push, the city of Stamford has rolled out a QOZ fund that could total as much as $220 million.

City Line Capital Buys Georgia Storage Facility

The company has expanded its footprint with the acquisition of the 49,490-square-foot asset in Savannah.

Buzz Oates Sells Sacramento-Area Office Building

The company traded the 102,750-square-foot Natoma Station Corporate Center for nearly $24 million.

Repositioned Raleigh Office Asset Trades for $18M

The Simpson Org. sold the nearly 92,000-square-foot building three years after acquiring the property and investing in capital improvements.

BMW Extends Ford Motors Building Stay

The German car manufacturer will continue to occupy the entire second, third and fourth floors. JLL negotiated the deal on behalf of the landlord.

Chevron’s Lost Hills Oil Field to Run on Solar Power

Goldman Sachs Renewable Power will own the system and Chevron will receive environmental credits under California’s Low Carbon Fuel Standard program.

McWHINNEY to Construct Austin Hyatt Centric Hotel

The development team consists of Austin-based architect Nelsen Partners, designer Duncan Miller Ullmann of Dallas and California-based general contractor Katerra.

Denver Capitol Hill Projects Get $25M in Financing

LCP Development is renovating an office property and developing a residential building on Grant Street.

Marcus & Millichap Brokers Texas Storage Deal

The company’s Fort Worth-based Karr Self Storage Group arranged the sale of a 611-unit property in Odessa.