News
Cleveland’s Tower at Erieview Changes Hands
RAIT Financial Trust sold the fourth tallest building in the city to KRA Management. HFF represented the seller and procured the buyer.
Summit Design + Build Completes Chicago Hotel Renovation
The asset is the former Hotel Indigo Chicago Downtown, which received a rebranding under the name of Claridge House Hotel. Interwest Capital purchased the property in 2016.
Capital One Arranges $58M Refi for MOB Portfolio in Houston
The portfolio includes a 126,000-square-foot, four-story orthopedic and spine surgery hospital and an adjacent 102,000-square-foot, two-story medical office building.
Charleston Gets Ready for Its Tallest Office Building
Gateway Development Services and ELV Associates broke ground on 22 WestEdge, a 125-foot, eight-story office building on Charleston’s waterfront. The project is part of a larger complex expected to generate $1 billion worth of investment in the area.
GLP Closes $4B in European Funds
The platform encompasses a 17 million-square-foot operational portfolio and a 16 million-square-foot development pipeline in the UK, France, Germany and the Netherlands.
TSCG Promotes Partner to Managing Director
In his new leadership role, Alex Munoz will oversee leasing activities in eight offices throughout Florida, Georgia, South Carolina and North Carolina.
Transwestern Expands DC Office With New EVP
The company’s newest addition to its Tenant Advisory Services practice has more than 21 years of real estate experience in the Washington, D.C., area.
Ivanhoé Cambridge Plans $450M Industrial Project in Inland Empire
The company has purchased 150 acres for the construction of Colony Commerce Center, a 3 million-square-foot Class A complex to be developed by CapRock Partners.
HSA, Clarion Partners Break Ground on 758 KSF Chicago Warehouse
The partners will develop the state-of-the-art facility in Shorewood, Ill., at the Heartland Corporate Center along the I-55 corridor, where demand for industrial space remains strong.
Bershon Realty Sells Orange County Shopping Center
Hanley Investment Group has arranged the disposition of Hunter Court, a 127,360-square-foot retail property in Lake Forest, Calif., anchored by a CVS pharmacy and Ross Dress For Less.