News
MSD Grabs Dallas Mixed-Use Property
The firm, tech giant Michael Dell’s private investment vehicle, acquired a portion of the Knox District from Sarofim Realty Advisors, walking away with 170,000 square feet of retail space and a 165-unit apartment building.
Monmouth Acquires Daytona Beach Industrial Property
Situated on 27.5 acres, the facility is net-leased for 10 years to B. Braun Medical Inc., a privately held medical device company that manufactures, markets and sells various healthcare products.
Top 10 Lenders of 2017 in the Denver Office Market
Yardi Matrix’s list of the most active lenders in the past year focuses on the biggest loans originated to finance office assets in the metro area.
Economy Watch: More Nonresidential Developments in Planning in March
In March, six projects each with a value of $100 million or more entered planning, according to Dodge Data & Analytics latest report.
Colony Industrial Nabs $52M San Antonio Asset
The industrial platform of global real estate firm Colony NorthStar has purchased Enterprise Industrial Park, marking its first-ever deal in the market.
Vero Biotech Moves HQ to Atlanta
The biotechnology company left Florida for the Peach State, setting up shop in a 15,600-square-foot space at Georgia Tech’s Technology Enterprise Park.
Large Buildout Complete on 375 KSF Chicago Warehouse
Local company Principle Construction has finished substantial improvements for the tenant, which signed one of the largest recent industrial leases in the Chicago area.
Empire State Inks Full-Floor Lease at Manhattan Office Asset
The Nespresso brand will occupy 41,800 square feet at 111 W. 33rd St., which had its lobby, elevators and entryways recently renovated.
Hertz Investment Snags Baltimore’s Wells Fargo Tower
Natixis provided a $29.3 million loan to the company, which used the financing to purchase the asset and fund tenant improvements and leasing commissions associated with the lease-up of the building.
Economy Watch: Employment Growth Slows to 103K Net New Jobs in March
Employment gains in January and February were also revised, totaling 50,000 less jobs than previously reported, according to the Bureau of Labor Statistics.