News

Marcus & Millichap Facilitates Storage Sale in TX

The firm worked on behalf of the seller and secured the buyer in the transaction. The facility, located in Anna, comprises nearly 400 units.

Go Store It Expands TN Footprint

The firm has added 685 storage units to its portfolio. The facility is situated in Mt. Juliet, 19 miles from downtown Nashville.

Merit Hill Buys Houston-Area Storage Portfolio

The company has acquired two storage assets located in Katy and Richmond, Texas. CubeSmart was appointed to manage the facilities.

Cresa Adds New Principal in NYC

Thomas Sullivan brings valuable expertise in the tenant and landlord representation areas, previously handling leasing efforts for the Empire State Building.

SunTrust Bank Renews Miami CBD Office Lease

The bank has been anchoring 777 Brickell since the building’s completion in the late 1970s. The lease agreement includes the opening of a new branch in the property’s lobby.

183 Madison Ave.

Tishman Speyer, Cogswell Sell Manhattan Office Tower for $223M

Acting on behalf of the sellers, CBRE marketed 183 Madison Ave., reeling in APF Properties as the buyer of the approximately 270,000-square-foot building.

Renaissance Vinoy

RLJ Lodging Trust Sells Major Tampa Bay Resort

A hospitality company led by Tampa Bay Buccaneers Co-Chairman Bryan Glazer purchased the 362-key Vinoy Renaissance Resort & Golf Club in St. Petersburg, Fla., for a total of $188.5 million.

Self storage units. Image by luismmolina/iStockphoto.com

Slow Absorption Hinders Self Storage Rent Growth

Although metros in the Desert Southwest maintained rent growth, street-rate rents continued to decline, at 3.3 percent across the country. The new-supply pipeline, however, reached peak levels.

The September digital issue of CPE is now available!

Now you can get trend and strategy insights two different ways: Leaf through the Commercial Property Executive digital digest for a quick read or click on individual articles below for an in-depth look at the topics that most interest you.

JLL to Lease Upcoming Urban Campus in Boston

The Abbey Group’s Exchange South End will add 1.6 million square feet of commercial and lab space to the market, bringing together businesses and communities alike.