News

AVE Aviation & Commerce Center

Opa-Locka Business Park Grows Tenant Roster

The new tenant will occupy 42,000 square feet at Building “J” of the AVE Aviation & Commerce Center, bringing the 171,000-square-foot facility to full occupancy.

Consumers Credit Union Relocates HQ

Approximately 150 employees have moved to a new 92,000-square-foot office within The Groves Engineering Business Technology Park in Kalamazoo, Mich.

Sacramento Office Market Gains Momentum

The sector is picking up, fueled by recovering office-using industries, growing demographics and increasing leasing activity, Yardi Matrix data shows.

New Fairfield Inn & Suites Opens in ABQ

Located 10 miles from Albuquerque International Sunport and five minutes from downtown, the property operates under the Marriott umbrella and is being managed by Sun Capital Hotels.

L&L Holding Promotes 6 Executives

The company has appointed new positions in its development, legal and asset management divisions within the New York City office.

Roanoke, Va. skyline

Skanska Tapped for VA Research Development

The company signed a contract to develop a new facility for a collaboration between Carilion Clinic and Virginia Tech. Construction began in December and is slated for completion in January 2020.

Forest City Ratner CEO Launches NYC Development Firm

L&L Holding Co. founders David Levinson and Robert Lapidus will share ownership with MaryAnne Gilmartin in the joint venture and assist in the sourcing, financing and implementation of major ground-up projects.

France’s AXA Investment Snags $165M Office Asset in DC

The Paris-based real estate assets investment and management firm acquired the 210,000-square-foot trophy property in a joint venture with Stewart Investment Partners.

Two Sign Leases at Chicago Trophy Tower

Andersen Tax took 26,000 square feet and will relocate from 222 W. Adams in May 2018, while JAMS will expand within the building by another 19,000 square feet.

Skanska To Build New MOB in Karlskrona, Sweden

The $41 million contract comprises the construction of a seven-story high-rise building of more than 129,000 square feet, slated for completion in February 2020.