News

EQ Office Sells Washington Asset for $231M

The investment vehicle of Spanish tycoon Amancio Ortega acquired the asset just north of the White House from the Blackstone affiliate.

Retail Sector Makes Headway in Experiential Drive

Despite dire warnings of brick-and-mortar’s demise, innovation among operators and retailers is resulting in surprisingly strong fundamentals, Marcus & Millichap reports in a new update.

CBRE Selected to Lease Tampa Office Building

The Class A, 133,887-square-foot property is part of the Fountain Square Office Park in the Westshore submarket.

Trammell Crow JV Breaks Ground on Maryland Medical Pavilion

The partnership began work on a seven-story, 169,000-square-foot facility at White Oak that is slated for a February 2020 opening.

Kansas City-Area Retail Center Changes Hands

Block & Co.’s David Block, Phil Peck and Greg Roberts handled the sale of the 11,172-square-foot asset near the K-7 Highway.

Talonvest Secures $10M for Go Store It

The financing includes a $4.8 million construction loan and a $5.5 million acquisition loan.

Marriott Hotel Opens in San Diego

The 222-key TownPlace Suites is located close to San Diego International Airport and the downtown area.

3 Trends Reducing the CRE Carbon Footprint

A progress report from ULI’s Greenprint Center on climate-related legislation, economic reform and environmentally responsible investing.

Construction Starts on Embassy Suites Hotel in Northern Florida

The 255-key resort will rise next to the Pier Park lifestyle center in Panama City Beach, Fla. The property is expected to welcome its first guests in 2021.

Cushman & Wakefield Arranges Sale of Arizona Mixed-Use Asset

The brokerage firm represented the seller, Presson Corp., and the two buyers, ICON Builders and Dunbar Real Estate Investment Management.