News
Land Services USA Expands New Maryland Office Team
Shawn Goldfaden brings extensive title and finance experience, while Christina Frankenberg has more than a decade of real estate transactions expertise.
Avison Young Hires New Principal
Brian Kelley brings 13 years of commercial real estate experience to the firm’s St. Louis office, where he will focus on both retail and multifamily transactions.
Kimco Sells 370 KSF Midwest Shopping Center
Chase Properties and DRA Advisors used a $40 million Wells Fargo loan to fund the acquisition of Primrose Marketplace, an open-air retail property in Springfield, Mo.
JV Buys Class A Office in Downtown DC
Following the $100 million acquisition, DSC Partners and Wafra Inc. intend to reposition the 178,000-square-foot asset with a $5 million upgrade program.
AccorHotels to Buy Mövenpick Hotels for $560M
The acquisition will enhance the Paris-based global hospitality company’s presence in Europe, as well as its footprint in emerging markets of the Middle East, Africa and Asia-Pacific.
Hines Expands DFW Industrial Footprint
The Houston-based company purchased the three-building industrial park from Bradford Commercial Real Estate Services and selected Stream Realty Partners to spearhead leasing efforts at the property.
JPMorgan Chase Buys DC Building for Regional HQ
JBG Smith sold the 231,000-square-foot Class A office asset in the city’s CBD for $140 million. The global financial services giant is expected to move in by 2021.
Spec Industrial Development Coming to Orlando
McCraney Property Co. and Clarion Partners are teaming up to create 652,696 square feet of warehouse space on 44 acres of land in the metro’s industrial growth epicenter.
Summit Design + Build Transforms Chicago Mixed-Use Project
The Clybourn corridor development was originally designed as a 10-story retail and apartment building but due to zoning issues it will be turned into a two-story retail and creative office space.
Amazon Signs 430 KSF Lease in Boston
The e-commerce giant will occupy an entire building within the Boston Seaport development, a 23-acre, 7.6 million-square-foot mixed-use development.