News

Nikola Motor Selects Arizona for $1B Plant

The city of Buckeye will become home to the company’s 1 million-square-foot, hydrogen-electric, semi-truck manufacturing headquarters facility.

Duke Realty Helms 1.4 MSF Industrial Construction

Floor & Decor continues its expansion with a Savannah distribution center. The complex will be located within the Morgan Business Center, a 250-acre industrial park.

Austin Marriott Downtown Breaks Ground, Adds Director

A 31-story, full-service Marriott hotel began construction in downtown Austin, slated for completion by 2020. Combined with JW Marriott Austin, the two properties will encompass about 180,000 square feet of meeting space within two blocks of the Austin Convention Center.

Beyond Meat Plans New R&D Center

The 26,000-square-foot center, which will be constructed next to the company’s L.A. headquarters, is anticipated to enable further advancements in creating plant-based meat.

Corporex Sells Denver CBD Office Asset

Northstar Commercial Partners is the new owner of Offices at the Art. The 52,000-square-foot property is fully occupied by Four Winds Interactive.

Sawgrass Pointe I

True North Buys South FL Office Asset for $51M

The property recently underwent a series of renovations and sits within Sawgrass International Corporate Park, South Florida’s largest office campus.

NKF Capital Markets Closes Sale of OC Retail Center

Inland Real Estate Acquisitions has purchased Rusty Leaf Plaza, a Target-anchored shopping center in Orange, Calif., for $32 million.

Toronto Airport Hotel Opens Doors

The 255-key property, following nearly $15 million in renovation work, is the first Embassy Suites in the Toronto metro area.

Baffin Wind Farm, Texas

Nike Inks Wind Power Contract in Texas

Nike and Avangrid Renewables have signed a new power purchase agreement for 86 megawatts of wind energy from the Karakawa Wind Farm in west Texas.

Long Island Office Asset Trades, Gets Revamp

A Vasco Ventures-led partnership paid $11.8 million for The Clinton Pavilion in Hempstead, N.Y., a 150,000-square-foot asset that is now undergoing renovations.