News
Office Design: How to Attract Tenants in Competitive Markets
Companies are refining their demands for personalized workplaces. Matthew Ruopoli of Sydness Architects shares his experience in attracting tenants through virtual staging as well as various elements of a successful office design in a hot market such as New York City.
FRP Outlines Development Strategy Following Industrial Asset Sale
The company sold 40 warehouse properties and three land parcels to Blackstone Real Estate Partners for more than $300 million in May and is now focusing on mixed-use and value-add deals.
Boston-Area Creative Campus Trades for $108M
JLL facilitated the sale of the 479,000-square-foot asset on behalf of The Davis Cos. The eight-building property was 89 percent occupied at the time of sale.
WinTech Introduces Reception Software Upgrade
The updated version of ALICE Receptionist provides computerized methods for securely managing building guests, including Fast Track check-in and ID scanning.
Interstate Hotels to Manage DC Luxury Asset
Junson Capital picked up the recently renovated, 15-story, 319-key Westin Alexandria in January for $76.5 million from Chartres Lodging Group.
Brixton Capital Adds Tenants to Las Vegas Shopping Center
The two leases signed at Rainbow Plaza total 32,400 square feet and add a grocery store and a restaurant to the business roster.
Preferred Apartment Communities Snags Orlando Shopping Center
The new owner financed the acquisition of the 117,705-square-foot, Publix-anchored retail asset using a 9.8 million non-recourse first mortgage loan.
Preferred Apartment Communities Nabs Charlotte-Area Retail Asset
The company used an $18.5 million loan from Nationwide to finance the acquisition. CBRE facilitated the sale of Brawley Commons on behalf of the seller.
NAI Partners Hires New VP in Texas
Commuting between the company’s San Antonio and Austin offices, veteran commercial real estate professional Joe DeCola will provide sales coaching and management to junior-level producers.
Nahla Capital Spends $126M on Philadelphia Office Tower
The asset, acquired in a joint venture with Goldman Sachs, is located in the Market Street West neighborhood and represents the buyer’s first expansion into Pennsylvania.