News
CBRE Completes Sale of Florida Community
The firm brokered the sale of Sheridan Lake Club, a 240-unit property located in Dania Beach. The community traded to Electra America.
Aligned Energy Redevelops 300 KSF Facility in SLC
The 60-acre campus in West Jordan houses the firm’s 50-megawatt facility, which will initially provide 75,000 square feet of data hall space, of the total 150,000 planned.
Executive Spotlight: George Grace, G.E. Grace & Co.
Following a stint managing Mohr Partners’ New York office, George Grace has relaunched his commercial brokerage and consulting firm G.E. Grace & Co. Grace spoke with CPE about his decision to jump back into his own firm and how operations are different the second time around.
Rexford Industrial Buys 115 KSF Facility
The company shelled out $17.2 million or $149 per square foot for a single-tenant industrial property located in Cerritos, Calif.
Ryman Hospitality to Open Eastern TN Venue
When completed, in spring 2019, the 16,000-square-foot Ole Red Gatlinburg venue will include a two-story bar and restaurant, a performance area and a dance floor.
Google Shells Out $2.4B for Manhattan’s Chelsea Market
The tech giant acquired the 1.2 million-square-foot asset from Jamestown. The Atlanta-based real estate company will continue to manage the ground-floor retail and food hall.
Economy Watch: Architecture Billings Growth Modest in February
The news from the AIA comes as the Federal Open Market Committee raised interest rates, effectively increasing the cost of money.
Four Seasons to Bring Residences/Resort to Island in Belize
Four Seasons Resort and Residences Caye Chapel, Belize will include 35 private residences, 50 private estates, along with 100 guest rooms and suites.
Ikos International Debuts in Spain
HFF secured $135 million in financing for the firm to acquire a 400-key, all-inclusive luxury hotel. Ikos plans renovate and rebrand the hotel.
SoCal Mixed-Use Project Breaks Ground
The 52-unit, mixed-use, mid-rise property will feature ground-floor retail and four additional stories of residential living space.