News
JV Sells Atlanta-Area Shopping Center for $17M
Forum Management Group purchased the 90,566-square-foot, Kroger-anchored retail asset in Flowery Branch, Ga., located roughly one hour from downtown Atlanta.
CBRE/New England Arranges Sale of RI MOB
Built in 1976, the 20,694-square-foot medical office building was renovated in 2016 and is currently 80 percent occupied.
NAI Hiffman Arranges MOB Portfolio Lease
The company’s vice presidents were instrumental in arranging the lease of a 29,000-square-foot medical office portfolio.
HFF Arranges $10M Financing for NJ Storage Development
The company has secured the loan through the Bank of New Jersey for the construction of a 925-unit self-storage facility located in Nutley, N.J.
HPI Horne Storage to Build San Antonio Facility
The partnership has closed on its first self-storage development, a 134,000-square-foot facility situated 17 miles from downtown San Antonio.
Friedman Sells MI Industrial Building
The property, which used to be known as Madison Athletic Club and previously operated as a full service gym, is being repurposed for specialty food manufacturing and distribution space.
Hilton Berlin Changes Hands
This year, Park Hotels & Resorts has sold more than $500 million worth of hotels as part of its plan to recycle capital out of non-core assets and reduce its presence in international markets.
Manhattan to House Convene’s Largest Location
The flexible workplace provider will occupy four floors within the Brookfield Properties-owned One Liberty Plaza., joining tenants like Aon, Business Insider and New Avon.
Economy Watch Weekly: US Office, Industrial Markets Performing Well
Continued restraint in new development in the office sector and robust demand in the industrial sector contributed to strong first-quarter performances for the property types. Economy Editor Dees Stribling has the latest, for the week ending May 18, 2018.
Top 10 Office Projects Under Construction in Ohio
The state’s office market is expected to recover this year. There are 20 projects totaling roughly 1.8 million square feet scheduled for completion by the end of 2018, more than double the deliveries of 2017.