News
Parterre Flooring Introduces Luxury Collection
Suitable for any type of commercial space, Tela and Colour are both designed to work as flooring accents, complementing the company’s 3mm luxury vinyl tile and plank products.
JLL Adds 1.3 MSF to CA Management Portfolio
Cypress Equities purchased Burbank Town Center two years ago and Glendale Marketplace in 2013. The company invested $60 million in the renovation of the first retail asset.
Hyatt Adds $3B Atlantic City Resort to Unbound Collection
Scheduled to open this summer, the Ocean Resort Casino marks the rebirth of the trophy property originally known as the Revel.
Cleveland-Cliffs Breaks Ground on $700M Toledo Plant
The facility is scheduled to start operation by the summer of 2020 and create 130 new jobs. Construction of the project, situated at the Ironville Terminal in the Port of Toledo, is expected to generate an additional 1,200 jobs.
Tuft & Needle’s Phoenix HQ Trades for $9M
In 2012, the e-commerce and manufacturing firm acquired and completely renovated the iconic building in the city’s downtown area. Retail Realty Fund now purchased the entire 36,000-square-foot property from SimonCRE.
Home2 Suites Debuts in Vegas
The 120-key Home2 Suites by Hilton Las Vegas Strip South is owned and managed by National Hospitality Management LLC.
BLT Enterprises Acquires CA Industrial Property
SD Realty Partners represented the buyer in its purchase of the 166,310-square-foot facility in Carlsbad, which is fully leased to a golf equipment and apparel manufacturer.
Swift Real Estate Sells WA Office Asset
Kidder Mathews represented the seller in its disposition of the 68,290-square-foot Swift Gateway, a Class A property in Bellevue.
Colliers Secures Construction Financing for CT Self Storage
The firm has arranged the construction loan on behalf of Prospectus LLC, for the development of a 906-unit self-storage facility in Stamford, Conn.
CT Realty Trades $75M SoCal Industrial Portfolio
The company sold several assets in both Poway and Azusa, Calif., totaling more than 520,000 square feet, with the help of CBRE, Colliers International and Kidder Matthews.