News
Grocery-Anchored FL Retail Center Commands $74M
Investors remain keen on Palm Beach County, where MetLife Investment Management acquired the Shoppes at Isla Verde, a 207,000-square-foot shopping center.
WeWork, ASOS Sign Full-Building Leases in London Submarkets
Kennedy Wilson secured long-term agreements with the coworking giant and the leading online retail group, marking two of the largest European deals in the company’s history.
Self Storage Rents Fall, Inventory Increases
New projects coming online have continued to put pressure on self storage rents, which have dropped by 4.9 percent nationally.
Central FL Power Center Trades for $26M
Retail Value Inc. sold the Orlando asset located approximately 8.5 miles northeast of Walt Disney World. HFF negotiated the deal on behalf of the seller.
Landlord-Managed Coworking Spaces: The Next Big Thing?
George Vogelei, executive vice president at Transwestern, reveals the reasons behind the rise of owner-managed shared space and also touches on the challenges of this strategy.
Irvine Names Senior Leasing Manager for Chicago Portfolio
Maggie Brophy previously served as leasing director with the Telos Group, where she oversaw the $600 million redevelopment of Willis Tower.
Regional FBI Office in St. Louis Trades
Developed as a build-to-suit in 1998, the 89,564 square-foot property changed hands for $21 million. The current lease expires in nine years.
Zeller Realty Closes Chicago-Area Lease Renewal, Expansion
Byline Bank has signed for 34,200 square feet at Woodfield Preserve Office Center in Schaumburg, with Tenant Advisors working on the bank’s behalf.
Xenia Acquires $170M SoCal Hyatt Resort
Situated close to San Diego, the 327-key property includes 43 suites, a 15,000-square-foot spa, an 18-hole golf course and six tennis courts.
Digital Realty Expands Sydney Data Center Campus
The company’s newest campus will complement adjacent facilities. Digital Realty plans to have at least six facilities in the metro by 2020, all interconnected by dark fiber.