News
Avison Young Adds New Principal
Based in the Boston office, Patrick Buckley will focus on tenant and landlord representation. Most recently, he served as senior vice president at CBRE.
Spaces Signs On as Anchor Tenant at Miami’s One CocoWalk
The coworking firm will occupy nearly 43,000 square feet at the five-story office property taking shape within CocoWalk, a retail-driven lifestyle center undergoing redevelopment in Coconut Grove.
Cushman & Wakefield Facilitates East Bay Storage Sale
The firm represented the seller and procured the buyer in the sale of a 26,000-rentable-square-foot self storage facility located in Castro Valley, Calif.
Asana Partners Buys Atlanta Retail Asset
The Trader Joe’s-anchored shopping center in the city’s Midtown submarket contains more than 110,000 square feet along the Eastside BeltLine trail.
Stockbridge Capital Group Buys FL Industrial Park
Working on behalf of the seller, Cushman & Wakefield negotiated the sale of Powerline Business Park, a 444,000-square-foot property in Pompano Beach.
ElmTree Funds Buys Pepsi Bottling Facility
With the help of HFF, Armada Hoffler Properties sold the newly built distribution center in Richmond, Va., totaling more than 220,000 square feet.
Brookfield to Redevelop 4.2 MSF Houston Center
The company, which acquired the four-building office campus for $875 million in late 2017, plans to launch a major upgrade of the property next month.
How Coworking Affects Asset Values
CBRE sampled recent office sales around the country to assess the influence of flexible workspace on cap rates and property values.
Lake Tahoe Ritz-Carlton Commands $120M
Kennedy Wilson sold its interest in the 170-key hotel, which underwent capital and operational improvements including expanded culinary and wellness offerings and enhanced outdoor attractions.
Marcus & Millichap Brokers Self Storage Center Portfolio Sale
The Mele Group arranged the deal for three Rhode Island facilities located in East Greenwich, Narragansett and Richmond, totaling more than 175,000 square feet.