News
Stanton Road Capital Buys KC Trophy Asset
CBRE arranged the sale of 2323 Grand, an 11-story office building within Kansas City’s Crown Center. The transaction also included a 2.3-acre surface parking lot.
Plymouth REIT Nabs $11M Portfolio in ATL
The acquisition marks a stronger foothold for the REIT in the Atlanta metro. The single-tenant properties have a combined weighted average lease term of more than four years.
WeWork to Open Second Buckhead Location
Cousins Properties inked a new long-term lease with the office sharing company at Terminus 100. WeWork plans to move into its new space in the spring.
SUS America Expands Chicago Operations
The machinery developer and producer leased a 22,500-square-foot space within the Regent O’Hare business park, marking NAI Hiffman’s 10th deal at the property.
Penn Compression Expands Raleigh-Area Footprint
The manufacturer intends to invest $3 million in expanding the company’s Smithfield, N.C., operations by 30,000 square feet of space.
One Grand Central Place Lands Full-Floor Tenant
Empire State Realty Trust has signed a lease for the 48th floor of the Midtown Manhattan tower, with a litigation-focused law firm as the new tenant.
Dual-Branded Hotel Opens Near St. Louis Airport
The property is the 10th Sleep Inn and MainStay Suites dual-branded property to open across the country since the concept was first introduced in 2016.
Denholtz Inks Long-Term Lease in 80 KSF Orlando Office
U Roll Express leased a 1,716-square-foot retail space in the six-story office building, marking the restaurant’s second location. Denholtz recently renovated the asset.
Willmeng Begins AZ Charter School Expansion
The planned renovations include a new gym, new classrooms, additional parking and an updated storm drainage system, almost doubling the school in size.
HFF Arranges 16 KSF Retail Center Sale
Located in Oceanside, Calif., Quarry Creek Plaza is 92.6 percent leased and shadow anchored by Albertsons, PetSmart and Kohl’s.