News
Dual-Branded Marriott Opens in St. Louis
Construction on the project, which contains a 110-key Courtyard and a 101-key all-suite Residence Inn, began in the summer of 2017.
GreenOak JV Pounces on the Lion Building
JBG Smith traded the eight-story, 157,000-square-foot Class B office asset in Washington, D.C. The purchase price was $65 million.
EquiCap Brokers Sale of TN Storage Facility
The self-storage property in Soddy Daisy traded in an off-market transaction to a 1031 exchange buyer. The asset is approximately 15 miles from downtown Chattanooga.
L&L Holding JV Buys Terminal Stores in NYC for $880M
The partnership will transform a self storage space at the historic 1.2 million-square-foot property in West Chelsea into a state-of-the-art office and retail asset.
European Credit Agency Evaluates WeWork Growth
The report from Scope Ratings and Scope Risk Solutions examines the ability of the high-profile coworking space provider to maintain its growth rate and the risks it poses to building owners.
Holder Properties Completes Blackbaud’s NC Headquarters
The office campus comprises 172,000 square feet and was designed to meet LEED Gold standards. The firm will also provide property management and office services.
Self Storage: The Pendulum Swings
Bill Bellomy, principal of Bellomy & Co., evaluates the current trends and challenges in the industry and offers his views on this growing specialty market.
Record-Breaking Retail Sale Closes in Orange County
CBRE has facilitated the market’s highest-priced retail purchase of 2018, with the Huntington Beach asset changing ownership from Watt Cos. to Stockbridge.
Transwestern Expands National Logistics Division
The company is rebranding the division, previously called Ridge, and has appointed John Thomas to lead it as managing partner, and Stephen Batcheller as regional partner for the West Coast.
NKF Hires New EVP for Valuation Practice
Marc Shapiro will be responsible for team management, growing the practice and managing compliance to complex international regulatory agency standards and driving revenue.