News
Easterly Acquires Government Redevelopment Project
Upon completion later this year, FEMA will occupy the redeveloped Central Valley buildings’ more than 200,000 square feet of industrial space.
NCC to Lease NorCal Retail Space
The 4,310-square-foot street-level retail unit in Walnut Creek, occupied by a restaurant until last summer, sits beneath a 250-stall parking garage.
GLP Continues Growth With 9.3 MSF of Logistics Leases
The company’s customers are utilizing the facilities to service a growing demand from online and offline retail distribution channels.
Historic Boston Building Welcomes 2 New Tenants
The Berkeley at 420 Boylston St. is an award-winning historic building constructed in 1906. CargoMetrics Technologies and Overall Capital Partners are the property’s latest tenants.
Coworking Firm Industrious Raises $80M
The closing of a Series C funding round, co-led by Riverwood Capital and Fifth Wall Ventures, paves the way for the company’s continued expansion and research into new workplace technologies.
The Projects That Will Reshape Charlotte
The metro is going through a development boom, with millions of square feet of new commercial space sprouting up and thousands of residential units underway. Charlotte Chamber representatives, organizations and private developers revealed the reasons behind the city’s beehive status.
CPPIB Takes Minority Stake in JBG Smith’s DC Office Development
The $101 million investment represents a 45 percent interest in the property. Construction on 1900 N St. N.W. started in the second quarter of 2017 and is expected to be completed by 2020.
Park Hotels & Resorts Sells Off $317M in Non-Core Assets
The publicly traded lodging REIT—a spinoff of Hilton Worldwide—divested 11 properties, mostly overseas, significantly reducing its exposure in international markets.
Mercedes-Benz Begins Construction of New 200 KSF Office
The firm’s financial services branch aims to move into the build-to-suit property, situated within a mile of its current location in Fort Worth, Texas, in early 2019.
CT Office, Distribution Center Changes Hands for $15M
The 260,000-square-foot building in Meriden, Conn., is fully occupied by two companies owned by Sports Direct: Bob’s Stores and Eastern Mountain Sports.