News
NC Triangle Office Asset Strengthens Tenant Roster
SolarWinds, a provider of powerful and affordable IT management software, joins Align Technology at Forty450 and will occupy the top floor of the property.
Marriott Partnership to Develop Hotel of the Future
The hospitality company has partnered with Samsung and Legrand to develop the industry’s first Internet of Things hotel room, as part of Marriott’s 10,000-square-foot Innovation Lab.
Tampa-Area Industrial Asset Changes Hands
Compark 75 is a Class A commerce park with five small-bay, light industrial buildings encompassing 285,615 square feet. Cushman & Wakefield facilitated the sale on behalf of the seller.
Jackson Lewis Expands CA Footprint
The 507,264-square-foot office tower was designed by Hellmuth, Obatta & Kassabaum in 1992. NKF Senior Managing Director Dan Chamberlain represented the law firm in the expansion.
NoHo Office Asset Lands $68M in Financing
Developed in 2009 by J.H. Snyder Co., Lankershim Plaza is a nine-story, LEED Gold-certified building with an adjacent six-story, 723-space parking garage.
MFT, Fed One Break Ground on 260 KSF Warehouse in Ohio
This is the second phase of Air South Commerce Center, an industrial project near Columbus that will eventually feature 400,000 square feet.
Economy Watch: Architects Remain in Demand in November
The American Institute of Architects’ Architecture Billings Index came in at 55.0, up from the previous month, meaning demand for U.S. architecture firms’ design services remains strong.
Matthews Brokers Sale of OC La-Z-Boy
The nearly 20,000-square-foot, single-tenant retail asset was sold at the full asking price to a buyer involved in a 1031 exchange.
Waterton Debuts $2M Sheraton Framingham Revamp
The company remodeled and upgraded the 375-key Sheraton Framingham Hotel & Conference Center, located west of downtown Boston.
Liquidation of New York REIT Accelerates
In a $520 million deal, the company sold 1440 Broadway, a LEED Gold-certified office building in Manhattan, to CIM Group. The transaction is accompanied by plans to sell three more buildings, soon after the announcement of yet another disposition, as the company winds down.