News
Freddie Mac Hires New VP, Chief Economist
Sam Khater brings more than 20 years of finance experience to Freddie Mac. He previously worked for CoreLogic and Fannie Mae.
Ashford Prime Repositions as Braemar Hotels & Resorts
Ashford Hospitality Prime will now be known as Braemar Hotels & Resorts, emphasizing its new focus on luxury hotel and resort properties.
Historic Atlanta High-Rise Lands New Tenant
Herzing University plans to occupy the full-floor, 30,000-square-foot space in the late summer of 2018, relocating students and employees from its existing space in Buckhead.
New Embassy Suites Opens near Indianapolis
The hospitality asset is close to several attractions such as Hamilton Town Center, Ruoff Home Mortgage Music Center, Edge Adventure Parks and the Conner Prairie Living History Museum.
Montecito Medical Expands Milwaukee Footprint
Built in 2016, the two-story facility houses a 24,563-square-foot accredited ambulatory surgery center with five operating rooms and 20 prep and recovery rooms.
The Mele Group Brokers Sale of CA Facility
Marcus & Millichap’s self-storage group arranged the sale of a 515-unit facility located in Fairfield, Calif. The group represented the seller and also secured the buyer in the transaction.
NKF Facilitates 2 Chicago-Area Leases for K2 Express
One of the long-term agreements represents a renewal and expansion lease at a multi-tenant, Prologis-owned building in Franklin Park, Ill. The other deal concerns an adjacent four-acre land parcel.
La-Z-Boy Signs 221 KSF Full-Building Lease in MD
The building is located within the 3.2 million-square-foot Collington Trade Center in Upper Marlboro. The manufacturing company is planning to transfer its distribution and logistics operation into the facility by fall 2018.
Chicago’s Legal Sector Contracting Office Space
Since 2016, approximately 70 percent of the large Chicago law firms that completed lease transactions downsized, according to 2018 CBRE research. Senior Vice President David Mahoney talked with CPE about the impact of this trend on the metro’s office market.
Kidder Mathews Hires New Sacramento SVP
With more than 30 years of industry experience, John Austin contributed to the development of several major shopping centers, while also negotiating more than 800 transactions.