News
Harsch Investment Begins Vegas Industrial Project
Plans for the development call for nearly 170,000 square feet of Class A space within the firm’s Speedway Commerce Center.
Glassdoor Doubles Up on Chicago Office Space
The popular jobs and recruiting site signed a long-term lease for 52,000 square feet at Trammell Crow Co.’s development in the city’s West Loop submarket.
5 Questions With Nashville Mayor David Briley
Briley, who is up for re-election next month, talks about major property-related issues—from affordable housing to Opportunity Zones—facing the booming southern city.
Extra Space Storage Breaks Ground in NJ
Homestake Capital and Harvestate Group have started construction on a 595-unit self storage asset in Winslow, N.J. The facility is scheduled for completion by early 2020.
Rialto Relocates to Florida’s Tallest Office Tower
The investment and asset management platform leased 46,750 square feet at Southeast Financial Center, a 55-story Class A building in downtown Miami.
Jacksonville Office Campus Commands $52M
A joint venture between Somerset Properties and Ten Capital Management acquired the three-building business park. CBRE assisted the seller in the transaction.
Northern Virginia Flex, Office Portfolio Trades for $44M
Minkoff Development purchased the five-building, 317,800-square-foot asset from Maguire Hayden Real Estate Co. The properties are part of the Avion Business Park, just south of Dulles International Airport.
Fund Buys 3 MSF Self Storage Portfolio
SROA Capital Fund VII picked up the 50 properties, spread across six states. The sale marks one of the largest of its kind.
Record Numbers at Port of NY, NJ Track Logistics Boom
The seaport logged its highest cargo volume ever, rising to second place nationwide, which bodes well for the thriving local logistics sector.
Shorenstein Sells San Jose Office Campus for $128M
The company acquired the asset in 2015 and invested $30 million in a capital improvement program. The property was fully leased at the time of sale.