News
TREIS Closes $43M FL Portfolio Sale
The properties included the Waterway Shoppes retail center, as well as the Heron Bay III and Heron Bay IV office buildings, all located in Coral Springs.
Marriott to Open New Dual-Branded Hotel in Austin
Developed by White Lodging, the two hotels will bring 347 guestrooms to the city: 191 rooms at The Otis Hotel and 156 rooms at AC Hotel Austin.
Skender Delivers Loyola University Lab
The new engineering science flex facility encompasses 10,000 square feet and features a large glass facade that will allow the public to observe the inside activity.
Rudin Management Names New CIO
Neil Gupta took up the executive role after working with the company for more than six years. He will now oversee investments, acquisitions and financial activities for the firm’s New York City portfolio.
CPE’s Top 5 September Posts
Miss out on any CPE stories? Here are five of our most popular articles for the month.
ULI Forecasts Strong Outlook for CRE Through 2020
Average vacancy rates and rental rate growth, despite a few minute fluctuations here and there, will remain positive for all major sectors.
George Smith Partners Assembles $106M for Spec Project in Phoenix
The 250,000-square-foot Class A office tower, along with 44,000 square feet of lifestyle retail, is part of The Watermark Tempe, a mixed-use project that Fenix Development is undertaking in Tempe, Ariz.
Amazon-Leased Distribution Center Commands $98M
The Koll Co. and Seera Investment Bank B.S.C. sold the 1 million-square-foot distribution center in Phoenix, two years after acquiring the property for $74.8 million.
Lionheart Capital Subsidiary Lands 734 KSF Ohio Retail Asset
Sears, Avita Health Systems, Macy’s, JCPenney, Victoria’s Secret and Chuck E. Cheese are among the tenants of the property. The buyer retained Madison Marquette to spearhead leasing efforts going forward.
Iron Mountain Reaches Carbon Reduction Milestone in Europe
Belgium, Ireland, The Netherlands and United Kingdom are the company’s first international regions to utilize 100 percent of electricity from renewable sources.