News

Ascent Windscreen System

Trex Unveils New Windscreen System

The post-supported glass product can handle strong wind, allowing for installation at higher altitudes, and is available in four finishes.

Valent Signs New Lease in San Ramon, CA

The company’s relocation to Canyon Corporate Park represents the consolidation of its Walnut Creek and Dublin operations. NKF arranged the deal on behalf of the landlord.

John Chang, Marcus & Millichap

Markets See Industrial Supply Trail Demand

Marcus & Millichap’s newly released local reports reveal a handful of sector trends in metropolitan areas across the U.S. and Canada for the second half of 2018.

AREP Acquires PA Office Tower for $108M

The roughly 347,000-square-foot building is 15 miles from Philadelphia and features tenants such as Marsh & McLennan Cos., Allied Universal, Penn Mutual, AMG Funds and Airgas.

Sears

How Sears’ Bankruptcy Filing Will Influence Retail

While some malls may be hit hard, others will look to redevelop the anchor spaces with different uses, such as apartments, hotels, restaurants, offices and entertainment offerings.

Fisher Brothers Inks Long-Term Park Avenue Lease

One William Street Capital Management will occupy the LEED Gold-certified building’s entire 25th floor, joining tenants such as Capital One, UBS and GoldPoint Partners.

Colony Commerce Center

Ivanhoé, CapRock Develop Major Inland Empire Industrial Project

The partnership has broken ground on Colony Commerce Center, a 3 million-square-foot logistics complex. Phase one is slated for delivery next year.

High-End Airport Hotel Bridges the Gap

Connected to Minneapolis-St. Paul International Airport via a skybridge, the 291-key InterContinental includes a spa, three restaurants and 30,000 square feet of event space.

Bixby Land Co. Sells San Diego Creative Office Park

The property known as The Oberlin traded for $20.4 million and encompasses more than 62,000 square feet in the city’s Sorrento Mesa submarket.

Avison Young Adds New Principal in Philly

Brian Hilger has more than 15 years of commercial real estate experience and previously worked at Cushman & Wakefield and Comcast Corp.