News

Strong Supply Takes Toll on Self Storage Rent Growth

Accelerated construction has dampened growth across the U.S. during the past couple of quarters, with rates declining in several large markets. Nonetheless, a number of key metros continue to offer development opportunities.

Metro Self Storage facility in Blaine, Minn.

Multi-State Self-Storage Portfolio Lands $47M Bridge Loan

Talonvest Capital placed the floating-rate financing—which is secured by seven new properties totaling 539,000 square feet—with a life company.

Skanska is building a new $186 million high school for the Sherwood School District in Portland, Ore.

Skanska Breaks Ground on New High School in Portland

The 352,000-square-foot building will be constructed on a 73-acre campus and will accommodate as many as 2,400 students by the 2020-2021 school year.

4440 Creek Road, Blue Ash, Ohio

CBRE Facilitates Ohio Industrial Sale

The new owner, a print marketing solutions provider, acquired the vacant property with the intention of transforming it into the company’s new corporate headquarters.

15414 International Plaza Drive in Houston

JLL Brokers Houston Industrial Lease Expansion

Evoqua Water Technologies, currently occupying approximately 45,000 square feet within World Houston Business Park, will consolidate its local operations at the 3.5 million-square-foot complex.

View from the Top: 4 Roof Maintenance Tips for Property Managers

A well-maintained structure is the first line of defense against extreme weather or structural damage. Regular monitoring and maintenance are essential.

HFF Brokers $13M Sale of Pittsburgh-Area Retail Asset

Fully occupied by Levin Furniture, the 53,000-square-foot property is located adjacent to a Whole Foods-anchored retail center along Perry Highway.

Aerial view of Ascent's ATL1 Facility

Ascent Taps JLL to Lease ATL Data Center

The location provides significant advantages to operators and tenants, due to Georgia House Bill 696 passing into effect earlier this year.

Hanley Investment, Voit Arrange $10M Sale of CA Shopping Center

RC Plaza in Rancho Cucamonga features nine retail buildings totaling 37,239 square feet. Current tenants include Starbucks and Pizza Hut.

DC-Area Office Campus Lands $104M Financing

Following the acquisition of Greensboro Park in Tysons, Va., Velocis and Altus Realty will use the five-year loan to fund the purchase price.