News

AECOM, Luis Vidal to Design Boston Airport Project

Boston Logan International Airport’s Terminal E will undergo an intensive remodeling program. The winning architecture firms envisioned an energy-efficient project, featuring a distinctive roof.

Baker Botts to Lease 103 KSF in DC’s Anthem Row

The law firm has signed a 17-year lease at 700 K St. at Anthem Row, Meridian Group’s four-building redevelopment project in Washington, D.C.’s East End.

Economy Watch Weekly: Household Formation, Retail Sales Trends

Changing household formation patterns bring far-reaching implications, especially for the multifamily sector. Hear about the latest trends, as well as projections for 2018 retail sales, in Economy Editor Dees Stribling’s roundup for the week of Feb. 9. 2018.

CCP Lands 202 KSF Charleston-Area Industrial Asset

CBRE Capital Markets brokered the sale of Foxbank Industrial Park on behalf of the seller, JL Woode. Located in Moncks Corner, S.C., the property is home to Sea Fox Boats.

1300 Beaubien, Detroit

Bedrock to Redevelop Former Detroit Police HQ

The company teamed up with a subsidiary of Syncora Guarantee Inc. for the project and aims to preserve the building’s historic character.

Jernigan Continues Self-Storage Investment

The company has invested nearly $12 million in a proposed 813-unit storage facility in Minneapolis. The project is slated for completion by the second quarter of 2019.

Bellomy & Co. Facilitates 3 Self-Storage Deals in Texas

The three storage facilities are located in Austin, Katy and Edinburg. Bellomy & Co. worked on behalf of the seller and procured the buyer in each transaction.

Hanley Investment Negotiates Sale of Sacramento School

Located in one of the fastest growing submarkets in the area, Merryhill Schools comprises more than 20,000 square feet. Hyland Investment Properties Inc. represented the buyer.

Uber Leases Full Floor at Manhattan’s 1400 Broadway

The company will occupy 34,600 square feet, the entire 12th floor of the building. The property still has 225,638 square feet available for lease.

Optimizing Environmental Due Diligence in CRE Transactions

Environmental and engineering expert Dan Spinogatti outlines considerations to improve assessment of environmental risk to keep real estate deals on time and on budget, during the Mortgage Bankers Association CREF/Multifamily Finance conference in San Diego.