News
Ackerman to Kick Off Atlanta-Area Industrial Park
The company will break ground next month on the three-building Rockdale Technology Center in Conyers, Ga. Completion is scheduled for the first quarter of 2019.
Economy Watch Weekly: The Construction Sector’s Strength
New construction is showing no signs of slowing down this year, two recent industry reports noted. Economy Editor Dees Stribling delves into the construction industry’s performance, for the week ending March 16, 2018.
Delinquency Rates and Range
Commercial and multifamily mortgages ended 2017 continuing to perform extraordinarily well.
Bluemercury Comes to Chicago’s Fulton Market
The luxury beauty and spa chain signed a lease for 1,800 square feet at the 900 West mixed-use development. The store is expected to open in the summer of 2018.
UK Health System Signs 105 KSF Office Space Lease
The University of Kansas Health System is now the single tenant at 11300 Corporate Avenue, a 172,000-square-foot office space building in Lenexa, Kan.
CT Office/Industrial Property Lands $7M Refi
Located in Trumbull, the property encompasses two interconnected buildings totaling 83,193 square feet and extensive landscaping features, including two aerated ponds.
RagingWire Opens First VA Facility Within 1 MSF Campus
The VA3 data center is a 245,000-square-foot facility with 16 megawatts of critical power immediately available. NTT Communications, parent company of RagingWire, invested more than $160 million in the new property.
JV Arranges $25M Sale of GE Transportation Building
Reserve Capital Partners purchased the 182,000-square-foot property, which was 100 percent occupied by GE Transportation at the time of the sale.
Hanley Investment Group Arranges Sale of Sacramento Retail Center
Situated in the North Natomas community, the one-story property was sold in an off-market transaction. The asset was recently evaluated at approximately $5 million.
Economy Watch: Major Retailers Urge No New Tariffs on Chinese Goods
Twenty-four large U.S. retail brands sent an open letter to President Trump, citing their concern about the negative impact of further tariffs on imported goods.