News
Q&A: Dallas Mayor Mike Rawlings on Development, Green Space and Affordable Housing
Now in his last term, Rawlings discusses the huge amount of development the city has experienced over the last eight years and why young people are moving there in droves.
Unlocking Philadelphia’s Office Market Potential
Avison Young Principal & Managing Director David Fahey discusses trends, challenges and upcoming projects that will change the metro’s landscape.
Uptick in M&A Activity Boosts Capital Flow to US
The CBRE study found that inbound capital rose 79 percent over the previous year, with the retail sector taking up the lion’s share.
London Hotel Portfolio Changes Hands for $1.3B
Queensgate Investments acquired the four upscale properties from Grange Hotels and has an agreement with Fattal Hotel Group, which will reposition and run the properties.
Copra Holdings Buys Houston-Area Storage
The company expanded its portfolio with 256 storage units in Magnolia, Texas. Bellomy & Co. represented the buyer in the transaction.
Georgetown University Buys Downtown DC Office Asset
In a nimble change of strategy, Office Properties Income Trust sold 500 First St. for $70 million rather than proceeding with a planned renovation of the soon-to-be-vacant building.
OC Shopping Center Lands $101M in Financing
George Smith Partners facilitated the non-recourse bridge debt for DJM Capital Partners, with the package replacing existing senior and mezzanine loans.
Kidder Mathews Adds NorCal VP
Robert D’Elia has more than 40 years of experience in life science and biopharmaceutical facilities. His previous projects have a total value of $370 million.
Law Firm Relocates MD HQ
By 2020, Stein Sperling Bennett De Jong Driscoll will move 150 employees to The Tower Building, a LEED Gold-certified office asset in Rockville, Md.
Suburban Atlanta Office Park Commands $24M
ESJ Capital Partners acquired the four-building Barrett Business Center from Pope & Land Real Estate and plans to undertake a comprehensive renovation process of the property.