News
BRIDGE, Holland to Develop 2 San Diego Mixed-Use Projects
Designed to meet LEED Gold standards, both properties feature street-level retail and restaurant spaces. The developers are working with architect AVRP Skyport to create a live-work-play environment.
SDM Partners Acquires 2 Metro Atlanta Office Assets
Transwestern has been selected to provide leasing and management services for the 400,000 square feet of office space, formerly occupied by AT&T.
Cousins to Develop $175M Austin Office Tower
The building dubbed 300 Colorado is fully preleased and slated for completion in December 2020. Cousins will own a 50 percent stake in the joint venture.
Mohr Capital Acquires 460 KSF Cleveland Office Center
The transaction was negotiated by Rodrigo Godoi, director of acquisitions with Mohr Capital, and closed at $52 million. The property is fully leased.
KeyBank Adds 2 New SVPs
Allison Recker and Sarah Johnson bring approximately 26 years of experience in commercial real estate finance and lending. They will be based in KeyBank’s Denver office.
Electrolux Renews IL Warehouse Lease
The global appliance leader renewed its lease with Duke Realty for the 965,183-square-foot Midpoint Distribution 801, located in Minooka, Ill.
NAI Arranges Austin Lease Renewal
David Stojanik worked on behalf of the tenant in the lease negotiations. Capstar Lending LLC will continue to occupy its 9,654-square-foot space at Northpoint Center I.
TCC Debuts Atlanta Office Tower Plans
Twelve24 is scheduled to break ground in summer 2018 and is slated for completion in the first quarter of 2020.
NYC No Longer First Global City in RE Investments
Los Angeles ranked fourth globally, according to results of the 26th annual survey of members of the Association of Foreign Investors in Real Estate conducted in the fourth quarter of 2017.
Bridge Office Expands Atlanta Portfolio
The firm snapped up a group of 13 office buildings, situated in key suburban markets, from Piedmont Office Realty Trust.