News

Mark Harris, senior vice president of marketing, The Uptime Institute. Photo courtesy of The Uptime Institute

Setting the Bar for Data Center Infrastructure

How did Uptime Institute’s 20-year-old Tier certification become the industry standard for building data centers? Senior Vice President of Marketing Mark Harris explains the steps and shares his expectations for the future of the data center business.

Single-Tenant WI Retail Asset Trades for $3M

Quantum Real Estate Advisors brokered the disposition of a fully occupied, 4,442-square-foot building in Fitchburg. The tenant has a remaining 20-year term on the lease.

Ernest Katai, Executive Vice President & Head of Production, Berkadia

Executive Q&A: Capital Structure Is King

Following his firm’s purchase of Central Park Capital Partners, Berkadia’s Ernest Katai offers insights on the competitive debt and equity markets and late-cycle activity.

MCSS Welcomes New President

Ben Carr has more than two decades of industry experience. In his new role, Barr will oversee the firm’s investment and development activities across the U.S.

CBRE Strengthens Tampa Office Leasing Team

K.C. Tenukas and Ryan Reynolds have a combined experience of more than 20 years. They both have joined CBRE from Cushman & Wakefield.

Marriott Courtyard on Hawaii Changes Hands

HFF worked on behalf of Pacifica Hotels to market the 452-key beachfront property, which comprises two connected six-story towers in the Kailua-Kona neighborhood.

Durst Org. Secures $120M Loan for NYC Office Condo

Acting as administrative agent, Capital One provided financing for the 150,000-square-foot space at 855 Avenue of the Americas.

CTDI Signs Full-Building Industrial Lease in Texas

The logistics and repair firm is set to occupy the recently completed, 706,000-square-foot facility in Fort Worth, its fifth location in the state.

Crescent Jobox. Image courtesy of Apex Tool Group

Apex Tool Group Grows Flammable Storage Cabinets Line

The Crescent Jobox safety cases can hold an internal temperature of 270 degrees when outside temperatures rise to 1,500 degrees.

JV Lands $165M Refi for Denver Mixed-Use Project

McWhinney, Grand American Inc. and Sage Hospitality are using the long-term debt arranged by HFF to refinance the construction loan for Dairy Block in the LoDo district.