News
5 Design Trends That Signal the Demise of Traditional Office
Industrial designers are focused on rolling out new products to maximize comfort, privacy and productivity in the largely open floorplans that currently dominate the workplace.
Iron Mountain to Build 550 KSF Phoenix Data Center
The company will double the available IT capacity of its Phoenix campus, which will be scalable up to approximately 100 MW.
Inland Real Estate Buys 2 Phoenix-Area MOBs
Located at 220 S. 63rd St. in Mesa and 3940 S. Alma School Road in Chandler, the buildings comprise a total of 25,340 square feet.
Coconut Grove to Welcome Luxury Hotel
The Italian coast-inspired project, which is scheduled for completion in late 2018, will feature a wide array of amenities in the heart of Miami’s historic neighborhood.
TA Associates Sheds SoCal Office
MGR Realty bought Empire Towers V, a nearly 125,000-square-foot Class A building in the Inland Empire for almost $30 million. NKF Capital Markets represented the seller in the transaction.
CBRE Arranges Sale of Phoenix Shopping Center
Plaza at Power Marketplace comprises roughly 71,000 square feet and was 93 percent leased at the time of sale. The asset is anchored by LA Fitness and shadow-anchored by Home Depot.
Nokia Signs 350 KSF Lease at Dallas Mixed-Use Community
The company is set to consolidate its Dallas-Fort Worth Metroplex operations by 2019 and occupy space at two buildings within The Sound at Cypress Waters.
Chicago’s Wrigley Building Gets $150M Financing
The real estate services provider arranged a 30-year, fixed-rate loan through a leading insurance company for Mansueto Properties’ acquisition of the iconic office and retail skyscraper.
Pembroke Enters Seattle Office Market
Skanska and TH Real Estate sold a fully leased 349,152-square-foot, Class A building for $338.4 million in one of the largest deals in the city so far this year.
Multi-State Industrial Portfolio Lands $67M Loan
HFF represented PAULS Corp. and Dream Industrial US Holdings Inc. in obtaining transaction financing for four facilities totaling nearly 2 million square feet.