News
CBRE Facilitates Chicago Retail Lease
Senior Vice President Joe Parrott represented the management of Marshfield Plaza, a 452,935-square-foot shopping center located in the city’s South Side.
San Francisco Office Asset Trades for $115M
RREEF Property Trust sold the 383,000-square-foot DC Station in Daly City. The LEED Silver-certified property is anchored by Genesys, a leader in omnichannel customer experience and contact center solutions.
New MD SpringHill Suites by Marriott Opens
The four-story, 120-key SpringHill Suites Baltimore White Marsh/Middle River is 25 miles from the Baltimore Washington Airport and offers amenities such as a fitness center, meeting space and swimming pool.
JV Buys $19M NY Shopping Center
DDR sold the 174,642-square-foot Southern Tier Crossing in Horseheads, N.Y., which is currently 89 percent leased to tenants including Dick’s Sporting Goods, PetSmart, Five Below and Buffalo Wild Wings.
Prologis Snaps Up OC Industrial Property for $55M
CBRE’s National Partners West Coast team represented Institutional Advisor, the seller of the 307,781-square-foot warehouse and distribution building at 50 Icon in Foothill Ranch, Calif.
Law Firm to Move to New Dallas Office
Simon Greenstone Panatier PC is scheduled to move to its new location this August. CBRE arranged the lease on behalf of the landlord, while Mohr Partners represented the tenant.
Atlantic Hotels Picks Up 2 DFW-Area Assets
An HFF team led by Pete Fehlman secured more than $20 million in acquisition financing for the 190-key hospitality portfolio.
Disney Goes Solar to Power 2 Theme Parks
The 50-megawatt facility in Central Florida could supply as much as 25 percent of Walt Disney World’s power needs.
New 20MW Solar Farm to Power Pearl Harbor Navy Base
The facility, dubbed West Loch, will consist of 80,760 fixed-tilt solar panels spread across 102 acres of land owned by the U.S. Navy. Upon completion, the farm will produce the lowest-cost renewable energy in the state.
Global Medical Buys $64M MOB Portfolio in Ohio
Marietta Memorial Hospital—a division of the Memorial Health System, a Fitch BB-rated health structure—currently leases four assets.