News

Constellation, GE Power Home Depot in DC

The 554-kilowatt project is the capital’s largest solar rooftop array and will supply an estimated 35 to 40 percent of the store’s annual energy needs.

Veritas RE Acquires Pair of Philly-Area Office Buildings

The Marlton properties are located near major thoroughfares and less than 30 minutes away from Center City Philadelphia and Philadelphia International Airport.

NKF Appoints New Executive Managing Director in NJ

Bradford Fenlon has previously occupied various roles within Colliers International, CBRE and Insignia Financial. Over the course of his career, he worked with several Fortune 500 companies.

Kimco Trades Atlanta-Area Retail Asset

The shopping center, built in the city’s northeast suburbs in 1991, includes nearly 75,000 square feet. A 62,000-square-foot Kroger anchors the property.

MCR Closes $300M Hospitality Fund

The seventh-largest hotel owner-operator in the U.S. added 11 hotels to its first fund and has an additional five hotel deals in its pipeline.

Rendering of Hunter Medical Plaza in San Marcos, Texas

Kogut Commercial, Mittman Break Ground on TX Medical Office

The Class A property in San Marcos is already more than one-third preleased and will join a wide variety of other development projects in the fast-growing city.

HFF Names Managing Director in Atlanta

Chris Dewey, who possesses more than 18 years of commercial real estate experience, will focus on hotel investment advisory transactions.

Space 15 Twenty, Hollywood, Calif.

Hollywood Retail Property Trades for $61M

Lee & Associates-LA North/Ventura represented Cahuenga Lofts and Ivar Group in the sale of Space 15 Twenty, a 40,000-square-foot shopping and dining destination along the trendy Cahuenga Corridor.

JLL Secures 281 KSF South FL Industrial Lease

Windward Design Group is planning to centralize its seven locations into one main manufacturing and distribution headquarters in Sarasota later this summer.

Citizens Bank Provides $185M Loan for SF Office Tower

Phase 3 Real Estate utilized the funds to refinance Genesis South Tower, a 336,400-square-foot lab and office property located within a three-building life sciences development.