News

Calare Nabs R&D, Office Asset in CT

The 915,000-square-foot corporate campus in Wallingford is located halfway between Boston and New York City, and was recently renovated to achieve greater energy-efficiency.

JV Launches Phase 1 of SLC Industrial Park

Phase 1 of the SLC Port Global Logistics Center development will consist of 10 buildings totaling more than 7 million square feet of distribution and manufacturing space.

NKF Arranges $142M Sale of UT Retail Center

Situated in Fort Union, one of Salt Lake City’s premier retail destinations, the asset was built in 1974 and is currently 86 percent occupied.

Economy Watch: Architects’ Busy January Bodes Well for Development

Strong billings and healthy growth in new projects to start off 2018 are driving architecture firms’ optimism about business conditions this year.

270 Park Ave.

JP Morgan Chase Plans Manhattan Trophy Tower

The 2.5 million-square-foot building would rise 70 to 75 stories on the current site of JPMC’s headquarters at 270 Park Ave., and is the first such project in its neighborhood to be announced since New York City approved a landmark rezoning last summer.

Metropica in Sunrise, Fla.

Urban Outfitters Joins $1.5B Metropica in Florida

The trendy clothing and home furnishings store will occupy 8,000 square feet within the retail and entertainment center of Metropica Holdings LLC’s 65-acre master-planned community in Sunrise, just outside Fort Lauderdale.

TIER REIT Sheds Fort Worth Office Asset

The property, which includes two one-story buildings totaling more than 130,000 square feet, is located within five miles of DFW International Airport.

Crown Tenant Advisors Hires New MDs

Having extensive industry experience, both David Stose and Dennis Yokum will be responsible for the dental, medical and veterinary tenant and buyer representation in the Tennessee area.

Mike Severson

Bixby, AXA Look West for New Industrial Venture

The partnership is targeting leased properties in the $10 million to $40 million range in California and four other states.

Minneapolis DoubleTree Hilton Hotel Changes Hands

The company worked on behalf of the seller for the disposition of the five-story hotel located near the University of Minnesota campus.