News
Morgan Opens Pearl La Floresta in OC
The 204-unit community located in Brea, Calif. is now available for leasing. The asset marks the first Pearl development in Orange County.
Construction Begins on Cambria Hotel Ocean City
The new waterfront Cambria Hotel in Ocean City, Md. will feature 133 keys, occupying the former site of the George Cropper Concrete Plant.
Faris Lee Arranges Sale of Retail Center in CA
Southwood Village, a 66,958-square-foot facility in Torrance, Calif. traded to a private 1031-exchange buyer, based in the South Bay. The asset changed hands for $21 million.
StorageMart Expands Iowa Portfolio
The company has purchased two self-storage facilities totaling 50,000 square feet. The facilities are located in Grimes and Waukee.
JLL To Manage TX Industrial Park
The company will lead the leasing and marketing efforts for the planned industrial park dubbed Park Air 59, on behalf of Archway Properties.
Majestic Asset JV Nabs 2 LA-Area Office Buildings
Equity Office Property Trust sold the 94,000-square-foot Westlake Gardens. NKF Capital Markets negotiated the deal on behalf of the seller.
UT Mixed-Use Project Adds 3 Retail Tenants
Located in one of the fastest growing areas in the U.S., Valley Grove marks St. John Properties’ $250 million investment.
HFF Welcomes New Director in Boston Office
Patrick Keefe has 10 years of experience in commercial real estate lending, starting his career at CBRE Global Investors. He joined HFF’s Boston office team, fulfilling the role of new director.
Twitter Chat Transcript: Data Centers
Todd Smith, chief technology officer of data center solutions at Transwestern, discussed investment opportunities in this important CRE niche.
Platinum Storage to Develop Facility in TN
The 828-unit self-storage development project will be located in Brentwood, Tenn. Construction at the site is scheduled to begin in March 2018.