News
JLL Corporate Solutions to Appoint Americas CEO
Sanjay Rishi, a former IBM executive, will step in for John Forrest, who has held a dual role but will now serve as Global CEO for Corporate Solutions.
Rosenthal Properties Buys Suburban MD Warehouse
The 110,000-square-foot property in Frederick, Md., faces Interstate 70 and is fully occupied by Colonial Sash & Door, United Refrigeration Inc. and other companies.
Federal Capital Hires New VP, Opens Atlanta Office
As vice president for commercial investments, Liz Koteles will source and execute the company’s investments and developments throughout the Southeast region.
Pacer Partners Expands Orlando Office Footprint
The company acquired two fully leased buildings, known as 700 and 800 SouthPark Center. Cushman & Wakefield facilitated the transaction on behalf of the seller.
USGBC Launches LEED Zero Program
The new program is aimed at projects that are LEED-certified and provide 12 months of performance data across four categories.
Levin Management Adds New VP of Leasing
Stephanie Harris brings more than 20 years of commercial real estate to this role, having acquired corporate experience at RIPCO Real Estate, McDonald’s, Toys ‘R’ Us and The Home Depot.
Lincoln Property Buys MO Industrial Portfolio
The properties comprise eight buildings within two adjacent industrial parks, totaling nearly 800,000 square feet. Newmark Knight Frank completed the deal on behalf of the seller.
Dallas Office Complex Secures $36M Refi
The recently renovated two-building property is situated roughly 10 miles north of downtown Dallas. Thorofare Capital provided the interest-only loan.
Vornado Realty Trust Refinances NYC Retail Property
The financing replaces an existing $205 million loan on a 78,000-square-foot Manhattan building occupied in its entirety by Old Navy.
JV Buys $83M NJ Distribution Center
ASB Real Estate Investments teamed up with Cohen Asset Management to purchase a Class A facility fully occupied by List Logistics.