News
McCraney Acquires Land for GA Industrial Park
985 Lanier Logistics in Buford will total more than 600,000 square feet and comprise three Class A industrial buildings ranging from 167,000 to 236,000 square feet.
Packard Hospitality to Renovate, Reflag IL Hotel
Springfield’s State House Inn is situated two blocks north of the Capitol and is anticipated to open for business in September.
Meridian Arranges $54M for New Pod Hotel
Clients Modus Hotels and Parkway Corp. will utilize the financing to develop Pod Philadelphia, an 11-story, 252-key micro-hotel.
Philly Sheraton Lands New Owner, Planned Makeover
The Buccini/Pollin Group acquired the 364-key property in the Old City district for almost $100 million. The Delaware-based company is set to renovate and rebrand the hotel.
Top Real Estate Education Programs 2018
Real estate-specific degrees continue to grow at colleges and universities across the nation, as the demand for specialized programs of study increases. Here are the 2018 CPE-MHN Leaders in Real Estate Education.
City Furniture Signs 246 KSF Industrial Lease in Florida
The Park @ 429 in the Orlando MSA is scheduled for completion next month. The Fort Lauderdale-based home retailer is expected to open its new location this October.
NoVa Office Complex Lands Two Leases of 60 KSF
The four-building, Class A office ensemble traded last September for $53.5 million. Worldgate Metro Plaza will soon undergo $10 million of capital improvements.
HIVE Blockchain Acquires Kolos, to Build 1GW Data Center
The company and its strategic partner Genesis Mining, have planned an initial delivery of 30 megawatts, with 120 to be made available within a year from now. The facility could potentially scale up to 1,000 megawatts, all renewable energy.
Dollar General Leases 240 KSF Warehouse
The new lease has increased the company’s presence at Tejon Ranch Commerce Center by nearly 40 percent. A joint venture of Majestic Realty and Tejon Ranch Co. developed the building.
HFF Brokers Sale of 382 KSF Shopping Center in CT
An entity managed by DDR Corp. has sold the 382,864-square-foot, Walmart-anchored Naugatuck Valley Shopping Center in Waterbury, Conn. The property includes 2,155 parking spaces.