News
Largest Coldwell Banker Commercial Affiliate Split Up, Sold
In separate deals, First Capital and Colliers International bought CBC Advisors and its 16 nationwide offices, which collectively have more than $4 billion in assets under management and closed more than $2 billion worth of transactions in 2017.
AIV Inc. Buys 2 Houston Industrial Buildings
Situated in the city’s Northwest industrial submarket, the properties feature 24-foot clear heights, 40 dock-high doors and more than 250 parking spaces.
Montecito Medical Buys Georgia MOB
Resurgens Center East is an almost fully occupied medical facility specializing in the areas of sports medicine, trauma care and orthopedic surgery.
Hanley Arranges Sale of CA Shopping Center
La Verne Courtyard, an 84,368-square-foot property anchored by ALDI and Orchard Supply Hardware, sold for $20.7 million.
Hines Appoints New Managing Director, Head of India Platform
Amit Diwan will be responsible for managing the expansion of the business by raising and deploying international and domestic capital into both commercial and residential developments.
Miami Tower Lands 2 New Office Tenants
A Transwestern team led by Glenn Gregory and Christopher Dubberly closed the two leases, totaling 32,500 square feet, in the Class A office skyscraper.
MCSS Continues Expansion in South Florida
The 77,500-square-foot facility is located in Miami. The company plans to develop more than 1.5 million square feet of storage space in South Florida.
Boston Office Complex Welcomes New Tenant
Salsify Inc. announced its relocation from 3 Center Plaza to Rockpoint Group’s two-building 75-101 Federal St. property to accommodate its growth.
601W Cos. Welcomes New Tenant at Chicago’s Aon Center
The Telos Group represented the landlord in closing a lease with Kemper Corp. for two floors. This marks the first major deal since the tower’s renovation started.
What to Expect From CRE Valuations
BDO USA’s Bob Martinek and John Provenzano examine current commercial real estate valuations and reveal which sectors they believe still have room for growth.