News
Avison Young Closes Sale of South Florida Office Building
Pointe 1801 traded for $16.6 million. The asset is part of a portfolio that includes Southpointe and Pointe Broward, two properties that sold separately for a combined $49.3 million.
MedProperties Expands Texas MOB Portfolio
The national real estate private equity firm purchased three medical facilities around Austin, bringing its total holdings in the area to four.
Frontline Holdings Expands Texas Footprint
The company acquired the 334-unit Westview Apartments in Lewisville. JLL Capital Markets arranged acquisition financing on behalf of the seller.
Fox Television Inks 59 KSF Lease at MD Trophy Asset
The company signed the agreement with Carr Properties to occupy space at The Wilson, an office property currently being constructed as part of a larger mixed-use development in downtown Bethesda.
LA Lakers Facility Feeds Off Sun Power
The LEED Platinum-certified training center’s solar panels will cut energy costs by about $38,000 annually and pay for themselves in four years.
Skanska USA Appoints New VP of Business Development
Mandy Weitknecht will support business development activities, facilitate project planning, and lead sales and marketing efforts in the Central Florida region.
Shea Properties Kicks Off 500 KSF Industrial Project in Orange County
Comprising nine buildings on the 25-acre former ITT campus in Santa Ana, Calif., the development will provide the local market’s first new industrial product in a dozen years.
Public Storage Buys 360 KSF Minneapolis Portfolio
In a deal facilitated by JLL Capital Markets, Pegasus Group sold six properties totaling 3,243 units, with an average occupancy of nearly 90 percent.
Trammell Crow JV to Construct DFW Building for Federal Agency
The facility will be leased for 20 years as a U.S. Citizenship and Immigration Services center, consolidating three previous locations.
Kogniz Launches AI Surveillance Camera
Easy to install, the product utilizes multiple cameras that provide people and object identification, detecting potential threats and alerting users in real time.