News
Skanska Delivers $154M Expansion, Renovation of Tampa Airport
The development firm has teamed up with global design firm HOK to upgrade the main terminal at Tampa International for an improved passenger experience.
Nashville MetroCenter Office Changes Hands
Menlo Equities acquired the 107,000-square-foot, Class B asset for approximately $22 million—more than double the price the seller had paid in 2006.
Oxford Cos. Arranges MI Flex Building Deal
An Oxford-sponsored investment partnership, Grand Venture Associates, previously bought the Brighton building in 2007. At the time of sale, the asset was fully occupied.
CBRE Global Investors Acquires Madrid Hotel
An affiliate of Signal Real Estates Opportunities Fund LP sold the 161-key Hotel Exe Moncloa, a four-star property located in the heart of the Spanish capital.
Northstar Commercial Partners Sells Denver Office Property
Northfield Business Center last traded back in January 2015, when the firm purchased it as a value-add investment. Since then, the asset has grown in occupancy by more than 65 percent.
Time Equities Buys Cleveland-Area Office Building
The company paid $7.6 million to PNC Bank—which was also a tenant in the building—in a transaction brokered by CBRE. The asset will be delivered fully vacant.
Tampa Retail Center Trades for $8M
HFF brokered the sale of a 46,904-square-foot shopping center on behalf of the seller, a subsidiary of Cole Corporate Income Trust IV.
AbelsonTaylor Relocating to Chicago’s Old Post Office Building
The health and wellness advertising agency has entered a long-term lease with The 601W Cos. and will occupy nearly 85,000 square feet starting spring 2020.
Somera Capital Management Gets $27M Refi for CA Hotel
Sonnenblick-Eichner arranged the refinancing of the construction loan for the Inn at the Pier, a 104-key hotel located in Pismo Beach, Calif.
The Changing Face of the Construction Site
How do digital tools impact contractors’ work? Rosendin’s Brandon Stephens and Mark Stone shed light on how technology is transforming the traditional construction site, as the business is facing a labor shortage.