News
Bixby Acquires Phoenix Industrial Facility for $10M
Built in 1998, West 10 Business Center is fully-leased to three tenants. The distribution facility is located at 4703 W. Brill St., with direct frontage along Interstate 10.
Carlo’s Bakery Coming to San Antonio
The traditional Italian bakery will open at The Shops at La Cantera in early spring of 2018 and will offer the brand’s full menu of signature treats.
Montecito Medical Acquires VA Medical Campus
The Clearfield Portfolio comprises two attached buildings totaling 86,377 square feet. Both structures are 100 percent leased to tenants providing urology services.
Economy Watch Weekly: Slowdown in New Rental Housing Growth Likely
Despite signs of continued growth in the U.S. economy, certain real estate sectors—particularly multifamily—are showing signs of deceleration. Economy Editor Dees Stribling discusses the recent Harvard Joint Center for Housing Studies report on the topic.
Paramount Executes 100 KSF Manhattan Office Lease
A software company will occupy two floors of Paramount’s 48-story office building, bringing the property’s leased occupancy rate to more than 95 percent.
NAI Facilitates $7M Industrial Sale in GA
The 12-building business park was constructed between 1985 and 1988. Upon closing, the property was 43 percent leased to multiple tenants.
McCraney to Build 610 KSF Spec Building near Charlotte Airport
The company acquired a 54-acre parcel less than one mile from the airport as part of its 2 million-square-foot industrial expansion throughout the Southeast U.S.
Alliant Energy Takes Over 170MW Wind Farm in IA
Through its Iowa utility subsidiary Interstate Power and Light Co., the company will begin construction of the 15,000-acre wind farm in 2018.
What’s Next for the New HVCRE Rules?
Alston & Bird Partner Gregg Loubier discusses two initiatives proposed to simplify and clarify the real estate lending process, both of which lenders and federal regulators hope to resolve in 2018.
Atlanta’s Top 10 Office Deals in 2017
Atlanta has emerged as one of the most important economic clusters in the Southeast, appealing to investors through its strong market fundamentals. As 2017 is coming to an end, Yardi Matrix compiled a list of the 10 biggest office deals of the year.