News
Atlanta-Area Storage Facility Sells for $19M
Stein Investment Group has traded Space Shop Self Storage, located in suburban Atlanta. Marcus & Millichap represented the seller and procured the buyer.
Gramercy Sells SC Industrial Facility
Newton Way Industrial Center in Summerville comprises 451,370 square feet and was purchased by a user for occupancy. HFF facilitated the sale on behalf of the seller.
Boricua College in Brooklyn Sells for $31M
Cushman & Wakefield arranged the sale of the vacant, three-building asset in Williamsburg, which can be converted into a mixed-use development with luxury apartments.
C-PACE Turns Boulder Business Energy Efficient
The measures designed and implemented by Energesco Solutions for marketing agency Room 214 will generate annual savings of more than $39,000 and reduce the facility’s gas emissions by 1,869 metric tons per year.
Queens Asset Lands $35M Financing, Awaits Expansion
Madison Realty Capital secured the loan, which will contribute to the transformation of a now-vacant office building into 206,197 square feet of office and retail, as well as a 181-key hotel.
First Rule in Investment: Don’t Fall in Love With an Asset
Jeff Holzmann, managing director of iintoo, lays out the basics when it comes to international investment and offers a glimpse of what the business will look like in the future.
Starwood Capital Group to Sell 14 UK Hotels for $1B
Foncière des Régions will acquire the 2,638-key portfolio, which consists of four- and five-star properties in major cities in England, Scotland and Wales.
California Military Department’s $135M HQ Breaks Ground
Walsh Construction Co. II and Stantec have teamed up to build the 285,000-square-foot, zero-net energy campus in Rancho Cordova, near Sacramento.
Workplace Design: Space Standards Are Critical Focus Areas
Principal Dan Perruzzi of Boston-based Margulies Perruzzi Architects shared his view on sustainable office design in an interview with CPE. The company has roughly three decades of experience in designing energy-efficient working spaces.
Florida Medical Center Gets $229M Facelift
Skanska USA is working on behalf of Lee Health to expand the Gulf Coast Medical Center in Fort Myers by 365,700 square feet and renovate another 48,500 square feet of space.