News
Summit Pointe Realty Unveils $300M VA Mixed-Use Project
The company is developing a 510,000-square-foot world headquarters campus for Dollar Tree in Chesapeake, as part of the Summit Pointe master plan, which calls for as much as 1 million square feet of office space, more than 1,400 residences, 500,000 square feet of retail space and 250,000 square feet of hospitality and conference space.
Strategic Storage Growth Trust Expands FL Portfolio
The firm has purchased a 695-unit storage facility in Review, Fla. Marcus & Millichap brokered the sale of on behalf of both parties.
Oil Manufacturer Inks 55 KSF CA Lease
The firm, Sunset Olive Oil, will create 20 jobs through at its facility in Montebello, Calif. DAUM Commercial has arranged the leasing transaction on behalf of the landlord, Emery Investments.
Bellomy & Co. Completes Sale of Dallas Storage Facility
The firm represented the seller, Platinum Storage Group, and procured the buyer. The facility comprises a total of 1,111 units.
LPC Selected to Manage Dallas Office
The 235,000-square-foot Class A office high-rise, formerly known as the Belo Building, sits in the heart of Dallas’ city center.
Hersha Sells 2 Suburban Hotels in MD, NY
The hotels are located on the outskirts of New York City and Washington, D.C. Hyatt House in Gaithersburg, Md. and Holiday Inn Express in Chester, N.Y. traded for a total of $27.4 million.
$150M LA Mixed-Use Project Breaks Ground
Situated in the heart of Santa Monica, The Lincoln Collection is a four-story mixed-use project featuring 25,000 square feet of street-level retail amenities.
JV Acquires Phoenix Office Asset
Totaling more than 250,000 square feet, the three buildings in the city’s Black Canyon Corridor submarket fetched a sale price of nearly $35 million.
CBRE Global Investors Taps New Senior Managing Director
Scott Spalding will be responsible for business development with financial intermediaries and investment advisors who assist high net worth investors.
Cambria Hotel Coming to Iowa
The hotel, slated to debut in 2019, will be part of the 75-acre TBK Bank Sport Complex BettPlex and High Five family entertainment center.