News
Industrious Opens 2nd Charlotte Location
The flexible space operator selected a recently reimagined warehouse in the North of Davidson neighborhood as the setting of its new office space.
Retail Investors Pull Back Amid Mall Woes
A new JLL report finds that buyers are getting more selective as structural changes rock the sector. Overall transaction volumes fell in the first quarter, while power center and grocery-anchored assets outperformed.
Wilson Electronics Introduces Enhanced Cellular Signal Amplifier
With an uplink power of up to +25 dBm and downlink power of +15 dBm, Pro 1100 can cover approximately 35,000 square feet of indoor space.
Goldman Sachs to Buy European Budget Hotel Chain
PAI Partners, a leading European private equity firm, confirmed it is in exclusive negotiations to sell B&B Hotels, which has 486 hotels in 12 countries.
Japanese Food Supplier Consolidates Operations Near LA
Mutual Trading Co. has signed a long-term lease at Goodman Logistics Center El Monte, which is under development. The company is expected to occupy the space by year’s end.
Montecito Medical Buys 221 KSF Nashville-Area MOB
The purchase of the fully leased, three-story trophy property in Murfreesboro, Tenn., marks the company’s second acquisition in the metro this year.
Metro Storage Lands $78M Refi for 8-Property Portfolio
The bridge loan is for Class A facilities situated in suburban areas of Illinois, New Jersey and Pennsylvania. Talonvest Capital negotiated the financing.
Boston-Area Shopping Center Trades for $86M
In a deal arranged by HFF, DWS Group acquired Meadow Glen, a recently revamped shopping center situated 15 minutes away from downtown Boston.
Founders Properties Buys Raleigh Office Portfolio for $23M
The three-building Class C office campus contains nearly 155,000 square feet. The buyer landed $14.5 million in financing for the deal.
Metro Miami Hotel Sells for $40M
London + Regional Properties acquired the 79-key property in Palm Beach, Fla., via a Section 363 bankruptcy sale. The company plans to restore and reposition the asset.