News
CRE Development Trends in the Midwest
Retailers are racing against the clock to fulfill online orders, pushing them to invest in large distribution facilities all across the Midwest. Laird Goldsborough, president of Valbridge Property Advisors, talks about secondary markets that are in the spotlight.
AutoNation Renews HQ Lease in Downtown Ft. Lauderdale
The automotive retailer signed on for an additional 12-year term at the AutoNation Building, with an option to extend the lease by eight years.
DC-Area Westin Hotel Changes Hands for $62M
The 407-key transit-oriented Westin Tysons Corner is located in the largest office submarket in Virginia, providing easy access to the Dulles International Airport.
Virginia Beach Office Building Trades for $2M
ABNB Federal Credit Union sold the 20,956-square-foot property located in one of the most livable cities in the U.S., in a deal facilitated by Cushman & Wakefield | Thalhimer.
St. John Properties Names New Director of Development
Danny Severn joined the company in 2009 and previously served as its director of leasing, overseeing the Central Maryland and Virginia areas.
SMARTRealty Launches Contract Platform & ICO
The smart contracts can be utilized for buying and selling assets, tracking payments, arranging rental contracts and setting the terms of an agreement.
Blackstone Snags Industrial Portfolio for $1.8B
With the closing of the transaction, Blackstone Real Estate Income Trust has added 22 million square feet of last-mile infill warehouse and distribution facilities to its holdings.
$300M Luxury Hotel Anchors Houston Tower Project
The Post Oak Hotel at Uptown Houston is part of a 10-acre mixed-use development featuring restaurants, retail, office and event space, including the Uptown/Galleria area’s largest ballroom and 35,000 square feet for conferences and meetings.
Trammell Crow Completes Oregon Corporate Park
The company has teamed up with Principal Real Estate Investors to deliver the first LEED-certified speculative industrial development since 2012.
IT Firm Renews DC-Area Office Lease
The company is planning to invest $6 million to improve its space in the nearly 300,000-square-foot Class A office tower.