News
Pilot Expands Into Brooklyn Data Center
The network and internet service provider has established a new Point of Presence at ColocationGuard’s flagship data center located within Industry City.
Brennan Investment Group JV Buys 1.3 MSF Chicago Warehouse
The real estate firm and a client of Arch Street Capital Advisors purchased the fully leased property through the $300 million USIPA – Brennan Ventures II LLC investment vehicle.
Bass Pro Shops Sells 11 Cabela’s Locations for $324M
B+E brokered the sale-leaseback deal, which is believed to be the largest commercial real estate transaction sold through a digital platform.
Equus Capital Sells Houston-Area Office Asset
The new owner financed the acquisition of One Sugar Creek Center with a $29 million loan. The 194,000-square-foot property underwent significant upgrades in 2017.
Transwestern to Manage Sumitomo’s $800M Portfolio
The firm will handle property management for more than 3.1 million square feet of Class A office properties in five metros, the entirety of Sumitomo Corp.’s U.S. holdings.
Invesco to Anchor 606 KSF Upcoming Atlanta Development
The firm will nearly double its presence in the metro, adding 500 jobs across nearly half of MetLife’s Class A mixed-use project.
Spaces Adds New FL Location
The flexible space provider took up 51,000 square feet on Lincoln Road, Miami Beach’s most famous shopping and dining promenade.
CenterPoint Expands NJ Manufacturing Building
The developer broke ground on its first vertical construction project in the state, a 73,000-square-foot expansion of a facility in Somerset.
South Florida Charity Signs 11 KSF Lease
The Fort Lauderdale Independence Training & Education Center will relocate to a 70,874-square-foot business park in Fort Lauderdale. Berger Commercial Realty negotiated the deal on behalf of the landlord.
California Office Asset Changes Hands for $17M
Graymark Capital and an institutional partner purchased the 92,477-square-foot, 45 percent leased, two-story property located in Sorrento Mesa, Calif.