News
Invesco Lands Bay Area Industrial Park
The two newly built cross-dock structures, located between Sacramento and San Francisco, contain nearly 900,000 square feet and were built to meet LEED standards.
Developer Introduces First MiamiCentral Tower
The 96,000-square-foot, mixed-use building dubbed 3 MiamiCentral came online at the end of last year and already serves as Brightline’s corporate headquarters.
Boyle Trades Nashville-Area Retail Asset
The property, Providence Commons, traded for nearly $30 million. Fully leased, the center is anchored by a Publix grocery store.
Economy Watch: Non-Manufacturing Sector Expands
Recent reports from the Bureau of Labor Statistics and Institute for Supply Management suggest that most U.S. businesses are still hiring workers at a stable rate, and the labor market isn’t overheated.
Highwoods Acquires Nashville Development Site
The REIT is planning a build-to-suit project of nearly 500,000 square feet on the land and expects to break ground early next year.
Bay Area Retail Development Lands $84M Financing
Emeryville Public Market will be expanded to include more than 25,000 square feet of new retail space and a new garage.
Starwood Capital Snaps Up Chicago Trophy Tower
ING Capital led a $297.6 million financing package for the acquisition of One South Dearborn, an 827,538-square-foot building at the corner of Dearborn and Madison streets.
HFF Arranges Financing for 500 KSF Houston MOB Complex
Acting on behalf of Norvin Healthcare Properties, the real estate services provider secured two loans for the acquisition of the Pin Oak Park medical and office campus in Bellaire, Texas.
Zayo Enters $32M Agreement to Buy Neutral Network
Continuing its buying spree, the company will add more than 2,000 route miles and 150,000 fiber miles to its existing network across the U.S.
Toyota Dealership Debuts in Downtown LA
Trammell Crow Co. has developed the new 302,000-square-foot facility, which features vertical integration of dealership elements and represents the first below-grade service department for Toyota.