News
Stainless Steel Supplier Renews 210 KSF Lease in Houston
The company has been leasing the 2008-built Class A industrial facility for 10 years. The warehouse is part of Railwood Industrial Park in the northeastern part of the metro.
Inland Private Capital Closes $46M Portfolio Sale
Sold through a 1031 investment program, the portfolio comprises a total of 115,503 square feet of medical office space in Illinois and Massachusetts.
VanTrust Completes 117 KSF Office in Chandler, AZ
The company has tapped Colliers International to manage leasing activity at the property, which is situated in an area with significant demand for quality suburban office space.
Apple-Led JV Expedites Renewable Energy Developments
The tech giant is partnering with Akamai, Etsy and Swiss Re to develop two new wind and solar energy farms in Illinois and Virginia.
Home2 Suites to Open 1st Modular Hotel in San Francisco
Akshar Development is set to deliver the project in nearly half the time it takes for a traditional building to be completed in the Bay Area market.
Pier 1 Imports HQ in Fort Worth Changes Hands
CBRE arranged the sale of the 409,977-square-foot Class AA trophy tower on behalf of the seller, Hines, which purchased the property back in 2014 for $83.2 million.
MetLife, State Street Team Up in $2B Co-Lending Deal
The multi-year partnership marks State Street’s debut in CRE financing. The co-lending program will be targeting a variety of product types nationwide, including office, industrial, multifamily, retail and hospitality assets.
CBRE Announces Reorganization, Executive Promotions
The new structure will consist of operations around a trio of global businesses aimed at advancing the company’s strategy, while enabling the organization to operate as efficiently as possible.
South Bay Office Asset Nets $180M
A joint venture between Northwestern Mutual and McCarthy Cook purchased the Class A Mountain View property, which contains nearly 115,000 square feet across three buildings.
L’Oréal Inks 240 KSF Lease in Southern California
Co-developers Majestic Realty Co. and Tejon Ranch Co. secured a commitment from the beauty company to house the distribution operations of its SalonCentric subsidiary.