News

John Meehan, COO of Gemini Rosemont

Why Office Landlords Need to Increase Creativity

Gemini Rosemont’s new COO, John Meehan, discusses the transforming office sector, why investors can now find long-term values in suburban markets and how to be prepared for the changes that will impact the industry.

Curio Collection by Hilton Debuts in Maldives

Upon completion by year-end 2018, the Curio Collection Maldives will offer 198 keys, including beach and overwater villas, marking the first Crossroads mixed-use project to open in the Maldives.

LPC Breaks Ground on Atlanta Distribution Center

The firm plans to build a front-load warehouse containing nearly 250,000 square feet in the city’s I-85 South industrial corridor.

Economy Watch: Chicago Fed National Activity Index Swings Upward

All categories of indicators that make up the index increased from January to February, pointing to above-average growth for the month, the Chicago Fed reported.

CBRE Portland Taps New Director of Asset Services

Relocation from the Charlotte, N.C. office where she served the same role, Lauren Peng will lead a team of over 25 real estate management professionals.

17105 W. Bluemound Road, Brookfield, Wis.

Newport Capital Partners Adds WI Shopping Center to Portfolio

The Plaza, a 108,000-square-foot property in Brookfield, Wis., represents the seventh asset in the buyer’s retail fund. The transaction closed at $17.9 million.

42 Watson St., Detroit

BBG Relocates Local Office to Midtown Detroit

The company moved to a two-story, 9,000-square-foot Brush Park office building, which was once the site of a 100-year-old auto garage.

Park Tower

Pipeline Workspaces Coming to Tampa

The tenant’s announcement comes just six months after the shared workspace company made its entrance into the Central Florida market with Pipeline Orlando.

Yishai Lerner, Heath Silverman, Jonah Schwartz and Mihir Shah

JLL Spark Buys CRE Software Company

The San Francisco-based firm purchased a software-as-a-service real estate technology platform that, among other things, lets investors manage their portfolios’ performance.

Rubenstein, Vision Real Estate Ink Twin NJ Office Deals

The longtime joint venture team purchased Phases I and II of the former Morris Corporate Center IV in Parsippany, N.J. The partnership is set to renovate and rebrand the five-story trophy buildings.