News
Knoebel Completes $54M Retail Center in Missouri
The Shoppes at Mid Rivers is the largest mall to be built in St. Charles County since 2008. The 270,000-square-foot property comprises 14 buildings spread across a 28-acre site.
Greater-LA Office Building Commands $117M
Olive Hill Group is the new owner of 520 Broadway, a rare Class A asset situated in an extremely supply-constrained area of downtown Santa Monica, where demand and rents will continue to rise over the next several years.
Lionstone Secures $57M Refi for Santa Monica Assets
HFF arranged a 15-year, fixed-rate refinancing and floating-rate loan through Principal Real Estate Investors, for two mixed-use and two office assets in Santa Monica.
First Industrial to Build 740 KSF Facility in Central PA
The 738,720-square-foot distribution center will be located adjacent to a 12-acre plot of land where the company plans to build an additional facility.
AEI Guides LBG on San Fran-Area Mall Revamp
The consulting firm provided LBG Real Estate with assessments of The Hilltop Mall in Richmond, Calif., before the company’s purchase of the 1.1 million-square-foot property, and is staying on to help guide the shopping center’s redevelopment.
CRG, Gramercy Deliver SC Pharmaceutical Warehouse
The partnership began building the project for Bausch+Lomb in March. A second phase could double the size of the new 432,000-square-foot facility.
Terreno Nabs 8 CA Industrial Buildings for $28M
The 152,000-square-foot industrial property, containing both distribution and flex buildings, sits near Interstate 105, within 15 miles of downtown Los Angeles.
CIS Leases 60 KSF in Suburban DC
CIS Secure Computing Inc. will relocate approximately 200 of its employees to the Ashburn Crossing business community, located in the northwestern outskirts of Washington, D.C.
C&W Arranges Sale of AZ Retail Center
Sarofim Realty Advisors acquired The Plant, a nearly 57,000-square-foot shopping center in suburban Phoenix, from Common Bond Development Group. The property changed hands for $25.8 million.
INAP Signs 80 KSF Master Lease in ATL
The new master-lease will allow INAP to consolidate its tenants and employees from the other two locations it occupies in the Atlanta metro.