News
Tru by Hilton Breaks Ground in NC
Located in Burlington, N.C., this is Parks Hospitality Group’s second property to bear this brand. Completion is expected in late 2019.
Marcus & Millichap Brokers IL Self Storage Sale
The company’s Tampa and Chicago Oak Brook offices facilitated the sale of the 261-unit self storage property located in Granite City, Ill.
JLL Secures Financing for Houston Facility
Central Southwest Texas Development received the loan for the construction of a 132,350-square-foot self storage development in Houston’s Westchase submarket.
KCP Acquisition Picks Up Kansas City-Area Office Asset
Potential buyers of the Northland Innovation Campus were drawn to the building’s stabilized cash flow and steady tenant roster.
Stanton Road Capital Buys CA Office Campus
Newmark Knight Frank represented the seller, Westcore Properties, in its disposition of The Offices @ Village Business Park, a two-building asset in Buena Park.
Equinix Grows London Data Center Footprint
Equinix invested a total of $387 million in its U.K. data centers, mostly adding hyperscale infrastructure for cloud providers. The company will seek LEED Gold certification for its new data center.
JV Sells Pair of DC-Area Research Facilities
The properties were built for the National Institutes of Health in 2004. The agency continues to fully occupy the 229,905 square feet of Class A space.
NJR Sells Remaining Wind Assets for $208M
With an anticipated closing date of the Dec. 31, 2018, the current transaction completes the disposition of all the company’s operating wind farms.
On the Market: 5 Interesting Listings for November
This month’s listings include a rare retail and office space in Palm Beach Gardens, Fla., an office building in Wayne, N.J., as well as a retail center in Kahului, Hawaii.
JLL to Lease Office Space at Houston Adaptive Reuse
M.K.T will convert five high-dock industrial buildings into an urban district with creative office and retail space, slated for completion in early 2020.