News
Continental Partners Secures Financing for NV Retail Center
A Los Angeles-based private investor received the loan for the acquisition of a 102,782-square-foot commercial space located in Reno.
JBG Sells VA Office Property for $95M
Summit comprises two buildings totaling more than 290,000 square feet in Reston. The firm also closed the sale of the land and temporary construction easements associated with the site for $2.2 million.
Avison Young Negotiates 431 KSF SC Industrial Park Lease
The property was fully-leased to an undisclosed Fortune 500 retailer and is part of a larger master-planned industrial business park in Rock Hill.
Skanska Appoints new SVP in PA Office
In his new role, Todd Lofgren will oversee the account management team, train new employees and develop the office’s regional strategy.
Montecito Buys Portland-Area MOB
Built in two phases between 1996 and 1999, the 90-employee facility comprises a CT scanner and a fully digital radiology department.
Dallas-Area Office High-Rise Welcomes New Tenant
Medallion Midstream, a provider in the oil and gas industry, signed a new lease at Tower 909 in Irving, Texas, to relocate its corporate headquarters.
Economy Watch: Cold-Storage Space Faces Paradigm Shift
As online grocery sales eat up market share of overall sales in the sector, more than 35 million square feet of U.S. cold-storage space will shift from retail stores to warehouses and distribution centers, according to a new CBRE report.
Leon Capital Offloads DFW Retail Asset
The Whole Foods Market-anchored shopping center comprises more than 75,000 square feet and is fully leased to a mix of national and regional tenants.
AHIP Names Aimbridge as Manager of Hotel Portfolio
In conjunction with its proposed acquisition of One Lodging Management, Aimbridge will assume responsibility for AHIP’s 115 properties.
601W Cos. Buys Chicago’s Sullivan Center Office Space for $176M
JLL’s Capital Markets group handled the sale and arranged acquisition financing for the New York City-based company, which purchased the property from a joint venture of KKR and Madison Capital.