News
Iron Mountain Forges U.S. Expansion with $1.3B Deal
With the IO Data Centers deal, Iron Mountain will acquire the land and buildings of four data centers in Phoenix and Scottsdale, Ariz.; Edison, N.J.; and Columbus, Ohio.
1 MSF Chicago-Area Office Complex Sells for $78M
Partners Long Wharf Capital and Hamilton Partners sold the two-building campus consisting of One Pierce Place and 500 Park Blvd. in Itasca, Ill., to a joint venture involving Balfour Pacific Real Estate Fund IV and Hamilton Partners.
HSA Commercial Plans New Development in Suburban Indianapolis
The company purchased a 19-acre parcel near the Indianapolis International Airport, where it plans to develop a new 262,758-square-foot warehouse.
Friedman Arranges MI Office Lease
The company represented the tenant, Somerset Pain Clinic, in closing a leasing agreement for 8,230 square feet at City Center in Troy, Mich.
NBC Sports Bay Area Renews San Francisco Lease
The company will continue to occupy 44,000 square feet at Kilroy Realty’s 360 Third St. property, located in the city’s South of Market district.
Hines to Oversee Conagra Brands Campus Redevelopment
Hines, along with Bear Properties, were tapped to redevelop part of Canagra’s Nebraska campus. Four buildings and the corresponding parking lots are not included in the project.
Tru by Hilton Opens in Vegas
The property is currently the largest hotel under the Tru brand. It is owned by the United Brotherhood of Carpenters and managed by Prism Hotels & Resorts.
Santa Clarita Mixed-Use Lands $21M
Buchanan Street Partners provided the construction loan for Newhall Crossings, a mixed-use project featuring 47 apartment units and 20,167 square feet of retail space.
Lee & Associates Facilitates Warehouse Sale in AZ
Upon closing, 13,640 square feet were vacant, but have since been leased. BGP Designs occupies more than half of the 35,500-square-foot building, which changed hands for $3.5 million.
EastGroup to Develop 98 KSF Industrial Facility in Phoenix
EastGroup Properties aims to attract multiple tenants, appealing to the area’s diverse industry profile. The property is situated at 3110 N. Greenfield Road, near major thoroughfares.