News
PAC Nabs 4 Office Assets in Atlanta
The four office buildings of the Armour Yards development total nearly 200,000 square feet of space and were converted from warehouses over the last two years.
JLL to Market, Lease Cutting-Edge Industrial Project
Innovo Property Group and Square Mile Capital Management’s upcoming 840,000-square-foot facility in the Bronx aims to facilitate “last-mile” delivery and will become the first multi-story distribution property on the East Coast.
Proposed Miami Springs Hotel Receives $15M Loan
Boaz Ashbel, managing director of Aztec Group, arranged the construction financing on a behalf of an entity led by Steven Marin and Michael Pfeffer.
IRR Report: Cautious Optimism for Moderate, Steady Growth in 2018
The 25th edition of the firm’s annual CRE forecast provides a detailed look at the local and national commercial real estate market across five key property types, and examines economic trends and how they are affecting interest rates, capital markets and housing.
OC Office Campus Undergoes Transformation
Lincoln Property has begun the renovation of a 150,000-square-foot facility in Los Alamitos, Calif. The property consists of two buildings that were constructed more than four decades ago.
CBRE Arranges Sale of Suburban Philly Office Park
Maguire Hayden Real Estate Co. acquired West Chester Office Plaza, a 116,621-square-foot, five-building ensemble located in West Goshen Township.
Doubletree Opens Doors in VT
The 309-key property, located near Burlington, was extensively renovated prior to opening. The hotel’s attached 30,000-square-foot conference center is expected to open this fall.
Lighting Science Launches LED Technology
Within a rapidly evolving technological milieu, the company is constantly striving to create top-performing human-centric products by bringing together the best of biological lighting techniques with the energy efficiency of LEDs, to create a healthy environment.
HFF Secures Acquisition Loan of OR Office Asset
The company will service the $8 million loan on behalf of the borrower, Manchester Capital Management. Built in 2014, The Radiator is a fully leased building anchored by The Kartini Clinic.
Hilton Dual-Branded MA Hotel Breaks Ground
The hotel, which is part of the $55 million Woburn Landing development near Boston, will include a 103-key Homewood Suites, while Hampton Inn will comprise 132 rooms.