News
Avison Young to Lease DC Office Building
The RMR Group plans to renovate the 130,000-square-foot asset’s lobby and to bring a series of new amenities in order to attract new tenants following the current occupier’s relocation.
Fully Leased Tampa Office Asset Fetches $11M
Christian Tyler Properties acquired the single-story building from a private investment partnership. UnitedHealth Group currently uses the property as a corporate call center.
H&R Retail Completes 2 Mid-Atlantic Leases
Two discount stores have signed leases in the Washington, D.C., and Baltimore metro areas, totaling just under 43,000 square feet.
NKF Closes $25M Sale of Mixed-Use Boston Asset
Frazer Capital has sold 41 Winter St., a roughly 29,000-square-foot, eight-story building anchored by Liberty Travel. The property is located in Boston’s booming Downtown Crossing district.
Embassy Suites by Hilton Opens Doors in NC Convention District
The 186-key riverfront hotel is adjacent to Wilmington Convention Center fewer than four miles from Wilmington International Airport. Harmony Hospitality owns and manages the nine-story property.
Chase Bank Opens New Williamsburg Location
Thor Equities recently completed the 14,500-square-foot retail building, which offers tenants a 2,500-square-foot rooftop terrace and 120 feet of frontage.
Economy Watch: Seattle Tops Nation for STEM Job Opportunities
Markets with good STEM employment opportunities are likely to enjoy strong real estate fundamentals as well, according to a recent WalletHub report on Bureau of Labor Statistics data.
The Forum Commands $23M in West Palm Beach
The two-building office complex features a four-story parking garage and provides access to Interstate 75 and the city’s other major transportation hubs.
Equity Office Offloads Suburban Chicago Asset for $47M
The recently renovated five-story office building features 275,000 square feet of space and serves as the corporate headquarters for Essendant.
Avison Young Chicago Hires 2 New Principals
Chris Lydon and Chris Tecu will work as a team focusing on industrial brokerage services and will be based in the firm’s office in Rosemont, Ill.