News
Multi-State Industrial Portfolio Changes Hands
Clarion Partners picked up 3.8 million square feet spread out across Denver, Dallas, Las Vegas and Atlanta. CBRE worked on behalf of the seller in the transaction.
Transwestern Taps New VP to Oversee, Grow Seattle Operations
Craig Maturi will focus on expanding the firm’s services platform, elevating and innovating client services, attracting new talent and creating new business opportunities in the Greater Puget Sound area.
CRE Investors React to Fed Rate Increases
Marcus & Millichap Senior Managing Director of Investments Alex Zylberglait reveals how the recent interest rate increase is impacting commercial real estate investors’ decisions and strategies.
New NorCal Coworking Space Opens
The flexible space, operating under the Un[CO]mmon brand, includes 10,000 square feet of co-working space, in addition to conferences rooms, an open kitchen and social meeting areas.
Vegas Office Commands Record Price
Logic Commercial Real Estate represented the seller, Dornin Investment Group, in the sale of the nearly 95,000-square-foot Class A office building.
NAI Hiffman Secures Anchor Tenant for Chicago Retail Center
Living Fresh Market leased approximately 70,000 square feet at Forest Park Plaza in Forest Park, Ill., bringing the shopping center to a 95 percent occupancy.
Hines JV Tops Off Phoenix Office Building
The 250,000-square-foot development in Chandler, Ariz., is scheduled for completion in the fourth quarter, with the first tenants expected to move in by November.
JV Buys Minnesota Storage Portfolio
The portfolio includes two properties located in White Bear Lake and Lake Elmo, Minn. and totaling 153,000 square feet of storage space. JLL’s Capital Markets team arranged the sale of the facilities.
Public Storage Expands Nebraska Footprint
The company has added 3D SelfStorage, an 802-unit facility, to its Nebraska portfolio. Bellomy & Co. arranged the sale on behalf of the seller and procured the buyer.
Economy Watch: Austin Tops Best Places to Live Ranking
The capital of Texas ranked No.1 for the second year in a row on U.S. News & World Report’s annual ranking of the best places to live in the U.S.