News
Bixby Land Co. Acquires 2-State Industrial Portfolio
The California-based real estate owner and manager increased its national footprint with the purchase of 857,000 square feet of Class A property in Georgia and Texas.
Whitman Family Lands $550M Financing for Miami Retail Project
HFF has arranged the loans through MetLife Investment Management. The funds will be used to expand the 463,100-square-foot Bal Harbour Shops luxury property.
Commonwealth Hotels Enters Columbus Market
The Courtyard Columbus-Dublin, located close to some of the city’s most popular attractions, brings the hotel management company’s nationwide portfolio to 48 properties and more than 5,500 keys.
WeWork Signs 56 KSF Downtown Houston Lease
The coworking giant will occupy floors 25 and 26 at the 1.1 million-square-foot 609 Main at Texas. The deal brings the asset’s occupancy to 92 percent.
Macally Unveils Portable Cool-Mist Humidifiers
The three new products are small, easy to use and can run for several hours. The HMDTALL model comes with a USB night light and fan attachment.
Portland Mixed-Use Project Moves Ahead With $460M Loan
George Smith Partners secured the financing for BPM Real Estate Group from an affiliate of Mosaic Real Estate Investors. The 35-story development will bring a five-star hotel, office, residential and retail space.
H. Ross Perot’s Real Estate Legacy
The technology magnate and independent presidential candidate started making his mark nearly 40 years ago with the purchase of a 2,700-acre tract.
EXAN Capital Buys DC Trophy Office Asset for $119M
Akridge and Alcion Ventures sold the 104,000-square-foot property at 1701 Rhode Island Ave. NW, formerly known as the YMCA National Capital building. Coworking giant WeWork occupies the entire structure.
Dominion Energy Begins Work on Offshore Wind Project
The first phase of construction takes place onshore and consists of the installation of a half-mile conduit that will hold the final stretch of cables connecting two 6 MW turbines.
Marcus Partners Sells Connecticut Offices for $30M
The Boston-based private equity firm acquired the Westport, Conn., complex in 2014 and invested $5 million in a capital improvement program.