News
JLL Brokers 3 Self Storage Sales
The firm arranged the sales of two Houston-area facilities and one property located in Crestwood, Ill. The assets changed hands in separate deals.
Weiss Development Sells LA Retail Portfolio
The four properties totaling 65,400 square feet include two Petco stores, an Office Depot and a multi-tenant building. Newmark Knight Frank arranged the deal on behalf of the seller.
UPI Renews 113 KSF Lease in Houston
The project management firm chose to keep its headquarters at the three-building Loop Central office campus. Teams from Transwestern and CBRE negotiated the renewal.
Skanska Lands $365M Contract for NY Rail Facility
The company teamed up with ECCO to design and build the final phase of a project for the Metropolitan Transportation Authority.
Fully Leased Boston-Area Office Asset Changes Hands
A joint venture between Rubenstein Partners and Nordblom Co. sold the roughly 140,000-square-foot Class A property in Reading, Mass. Cushman & Wakefield negotiated the deal.
Alula Relocates HQ to St. Paul
The smart security systems producer plans to relocate its headquarters into CSM Corp.’s Midway Innovation Center I, which has been vacant since May 2018.
J.P. Morgan, JBG Smith Sell DC Office Tower for $385M
Ponte Gadea, the investment arm of billionaire Amancio Ortega, purchased the 401,000-square-foot building at 1501 K St. NW.
Nashville Hotel Trades for $125M
The seller, Rockbridge, acquired the 214-key Hilton Garden Inn in the city center for slightly more than $80 million in 2016.
Marriott Opens 186-Key Hotel in Toronto
The company rebranded the property to Four Points By Sheraton Toronto Airport East. The hotel is situated roughly five miles from Toronto Pearson International Airport.
Owens on Inspiring Change at Greenbuild Chicago
U.S. Green Building Council Senior Vice President Brendan Owens sat down with CPE to discuss the theme of this year’s U.S. Greenbuild conference and expo—Human by Nature—and some of the green innovations being showcased.