News

Oberlin Court. Image courtesy of Yardi Matrix

Fenway Capital Advisors Sells San Diego Office Asset

The two-building Oberlin Court is located in Sorrento Valley. The new owner, Intersection, paid $7.6 million for the 93 percent leased property.

Hines Continues Arizona Storage Expansion

The company is set to develop two facilities in Tempe and Litchfield Park. The properties are expected to be completed by the end of this year.

CBRE Adds Tampa Retail VP

Ari Ravi has joined the firm from Marcus & Millichap. In his new role, he will focus on business development and execution of retail investment properties.

New Lab Building Coming to West Harlem

The LEED-certified, Class A property is adding life science space in a neighborhood that’s being fostered as the next big NYC destination for companies in the industry.

San Francisco Office Report – Spring 2019

The metro’s economy continues to expand steadily as a center of the technology and financial industries, and it remains a destination for a young, educated workforce.

Will Manhattan’s Office Challenges Hit CMBS Assets?

Kroll Bond Rating Agency’s new report evaluates the exposure of $25.3 billion of Midtown Manhattan office assets to issues facing the submarket.

World’s First Winery to Earn LEED Silver for Entire Facility

The property, located in Garzón, Uruguay, features substantial energy capacity from wind and photovoltaic systems, as well as a green roof.

Gemini Rosemont Buys Silicon Valley Campus for $171M

The firm acquired a four-building office park in Santa Clara, Calif., from The Sobrato Organization. The 386,707-square-foot property is 100 percent leased.

Beverage Distributor Sells San Antonio Industrial Facility

The seller had occupied the property since its completion in the early 1990s. The new owner facilitated the sale with a $14.4 million loan from Comerica Bank.

Marriott International Opens Milwaukee Hotel

Operated as a Marriott franchise, the six-story, all-suite property includes 119 guestrooms, and is located near downtown Milwaukee and roughly 15 miles from Milwaukee Mitchell International Airport.