News
NKF Hires New Senior Managing Director in Tampa
Before joining the firm’s Tampa office, Jack Hoskins served as a senior vice president of CBRE for 16 years. In his new role, he will focus on tenant representation.
Fort Lauderdale Sheraton Sells, Gets New Management
Everwood Hospitality Partners acquired the 263-key hotel which features more than 10,000 square feet of meeting rooms and event space.
Majestic Signs 1st Tenant for WI Development
CTDI will move into more than 160,000 square feet of the distribution center, which opened in late 2016. The firm plans to hire 150 new employees in the space.
Wilcoxon Leases 45 KSF in MD Technology Park
The firm will move roughly 100 employees from Germantown, Md. to the 84,240-square-foot flex/R&D building, which is part of the Riverside Technology Park in Frederick.
Flix Brewhouse to Anchor TX Retail Center
The pedestrian-friendly, outdoor retail center is spread across 63 acres at Interstate 10 and Paseo del Norte in El Paso, Texas, and is slated for completion in early 2019.
Caliber, Habitat Metro Acquire 8 AZ Assets
The new owners are planning to redevelop the downtown Mesa historic buildings, as part of the city’s revitalization project.
Alexander & Baldwin Takes 3 in Hawaii for $254M
Terramar Retail Centers disposed of three newly constructed retail centers, totaling 391,000 square feet. As part of the transaction, A&B also assumed $62 million in mortgage debt.
Hudson Pacific Inks 102 KSF Hollywood Lease Renewal
Trailer Park, a full-service agency specializing in content creation and entertainment marketing, has signed a 10-year lease renewal at 6922 Hollywood Blvd., and plans to renovate the space to accommodate for company growth.
Economy Watch: CRE Cap Rates Mostly Stable in 2H 2017
Despite strong global capital inflows into U.S. commercial real estate, CBRE expects higher interest rates and inflation will put pressure on cap rates this year.
SPI Inks Lease at NJ Industrial Asset
The new tenant signed for more than 25,000 square feet of manufacturing and distribution space in the building, which is situated within 10 miles of Manhattan.