News
Marijuana Laws Slowly Impact Industrial CRE
As more and more states legalize the medical and/or recreational use of marijuana, demand for cultivation/grow facilities is on the rise, spurring the repurposing of distribution and warehouse properties to accommodate the budding business.
Omni Opens $300M Hotel in Kentucky
The tallest lodging destination in Louisville comes online as the city looks forward to the reopening of the Kentucky International Convention Center this summer, following a $180 million expansion.
W.W. Reynolds Lands Refi for Denver Office Portfolio
HFF has secured the $48 million loan through MetLife Real Estate Investments. The properties are situated in the heart of downtown Boulder, Colo., and total nearly 160,000 square feet.
Amazon to Build First Fulfillment Center in MO
The 800,000-square-foot facility will be located in St. Peters, Mo., and is expected to create more than 1,500 full-time jobs.
Penwood Acquires Industrial Asset for $44M
NKF Capital Markets brokered the sale of the 347,119-square-foot R&D/industrial facility in Thousand Oaks, Calif. The buyer was self-represented in the deal.
RocaPoint Taps JLL to Manage GA Mixed-Use Project
RocaPoint Partners and The Georgetown Co. broke ground on HALCYON in 2016, and the $370 million development is scheduled for completion in spring 2019.
JV Buys 147 KSF Self-Storage Portfolio
Advantage Storage, in partnership with Harrison Street Real Estate Capital, has purchased two facilities located in Colorado and Arizona.
R. L. Worth & Associates Arranges 19 KSF Lease in San Antonio
Built in 2017, The Oaks IV is a 65,048-square-foot medical office property situated in the master-planned University Business Park.
Avison Young Inks 137 KSF Lease in Houston
MAN Diesel & Turbo’s new headquarters will feature 105,309 square feet of air-conditioned service shop space and 32,125 square feet of office space.
JLL Tapped to Manage TN College
The firm will handle all maintenance and grounds services for Cleveland State Community College’s main and satellite campuses across Central Tennessee.