News

JLL Taps New Las Vegas SVP

With more than a decade of experience, Nick Barber will be responsible for working with owners of office properties in leasing and selling their assets.

3455 Mill Run Drive, Hilliard, Ohio

Hunt Mortgage Group Refinances Suburban Ohio Property

The $17 million loan was arranged via MSF Real Estate Capital Inc., with Senior Vice President Scott Moore overseeing the placement of the transaction.

Great America Place in Santa Clara, Calif.

Newcastle Partners Sells Silicon Valley Office Campus

NKF Capital Markets arranged the disposition of Great America Place, a 224,522-square-foot complex in Santa Clara, Calif., that dates back to the 1980s.

K6 in Helsinki

Skanska Sells Helsinki Office Building for $62M

Senate Properties is the new owner of K6, a 129,166-square-foot project going up in Finland’s capital city. The property has an anticipated move-in date of late 2019.

Economy Watch Weekly: US Economic Expansion Enters Third Cycle

Economy Editor Dees Stribling offers an outlook on the longest economic cycle in U.S. history, based on the Wells Fargo Investment Institute’s midyear analysis.

CBRE Appoints New Vice Chairmen in NYC

Veterans Ben Friedland and Sacha Zarba have taken up the executive roles after working with the company for more than 15 years.

World Wide Technology project, Gateway Commerce Center, Edwardsville, Ill.

PCCP, TriStar Build $115M Warehouse in St. Louis

The joint venture is developing the two-structure, 2 million-square-foot project on 160 acres at Gateway Commerce Center in Edwardsville, Ill., for World Wide Technology.

Q&A: Making the Most of Experiential Hospitality

BTI Partners’ Kevin Mays discusses trends and opportunities in the hospitality sector but also ways in which owners, developers and managers can improve the quality of their assets in an increasingly competitive environment.

Economy Watch: Contractors Expect 2018 to Remain Strong

Despite macroeconomic challenges, nonresidential contractors are optimistic about prospects for the rest of the year, the Associated Builders and Contractors’ Construction Confidence Index shows.

CBRE Global Investors Snags $222M Charlotte Office Tower

The 615 S. College high-rise is currently 84 percent leased and offers two-story balconies, 10-foot ceiling heights and a 1,456-space parking garage.