News
Lincoln Equities Inks Flurry of Leases in New Jersey
Morgan Stanley was among the firms signing deals at three office complexes the company owns in Morristown.
Between the Lines of Raleigh-Durham’s Growth Story
CBRE Executive Vice President Brad Corsmeier shares his insights into the metro’s establishment as a major tech hub and how the office market can weather the next downturn.
Trammell Crow to Develop 700 KSF Baltimore Distribution Facility
Along with partner Diamond Realty Investments, the developer secured construction financing for the project. North East Commons, located in a Maryland Enterprise Zone, will be eligible for tax credits.
Hap Stein Steps Down as Regency Centers’ CEO
Lisa Palmer, the retail REIT’s president & CFO, will succeed Regency’s longtime leader on Jan. 1, 2020. Stein, who has served as CEO since 1993, will stay on as executive chairman.
Bain Capital Sells $405M Life Sciences Portfolio
The deal is the third in a string of life sciences dispositions the company has closed this year, following sales of properties in San Diego and Boston.
KKR Buys Atlanta Tower in $205M Deal
The global investment firm acquired the controlling interest in the office building from Banyan Street Capital, which has owned the property since 2016.
Metro Miami Office Tower Sells for $19M
The Capstone Group acquired the 11-story, Class A building in West Palm Beach, Fla. Cushman & Wakefield assisted the seller and procured the financing for the buyer.
Four Points by Sheraton Debuts in Poland
The four-star hotel includes five meeting rooms for up to 250 people. Four Points by Sheraton Warsaw Mokotow features smart amenities such as mobile check-in and keyless locks.
Grayson Power Plant Turns to Cleaner Alternatives
The new plan includes a 75 MW, 300MWh battery energy storage system, up to 50 megawatts of distributed solar projects and 93 MW of thermal generation.
Is TOD the Solution for Gridlock-Ridden Miami?
Aaron Stolear, 13th Floor Investments’ associate vice president, elaborates on the impact these developments have on the metro and the company’s new dedicated business division.