News
HFF Arranges Sale of 150KSF Inland Empire Shopping Center
The buyer of Perris Plaza, a joint venture, plans to expand the property to almost 300,000 square feet and bring several new retailers and restaurants. Leasing has already started.
Lee & Associates Welcomes New SVP in Indianapolis
Rebecca Wells will oversee the firm’s platform of real estate services in the Midwest. She brings to the company more than 23 years of experience in commercial real estate.
JPMorgan Renews, Expands Boston Lease
The company will take over 140,000 square feet of office space within a converted warehouse building located in Boston’s busy Seaport District.
Faris Lee Completes Sale of CO Retail Asset
Governors Park Lofts LLC has acquired the freestanding retail property for $6.1 million. The transaction closed at a 6.5 percent cap rate.
Ft. Lauderdale Development Grows Tenant Roster
Expected to open in August 2018, I-595 Business Center will feature approximately four high-dock doors per bay, built-to-suit offices and ample parking.
JLL Appoints New EVP to South Florida Team
In his new role as executive vice president of the firm’s Broward and Palm Beach offices, Ryan Nunes will help drive business development alongside JLL’s South Florida leadership.
A Year in Review: South Florida’s Hotel Lending Climate
This year proved to be a challenging one for hospitality owners and developers seeking conventional financing. Rodrigo Azpurua, founder & CEO of Riviera Point Development Group, shares the alternative lending sources he has successfully used to secure capital for projects and what he expects in 2018.
Paradise Valley Buys Phoenix Retail Center for $11M
The 54,430-square-foot Pueblo Point Shopping Center is situated in an infill location, with high barriers to entry for other potential retail developments. The area’s demographics are favorable, with an average household income of more than $92,000 within a five-mile radius.
Shakeouts, Silver Linings Ahead for Retail in 2018
At ICSC’s New York Deal Making event, industry veterans offered varied perspectives on the challenges facing the sector, and attempted to correct misconceptions that have emerged during a challenging year.
Dania Beach Business Center Reaches Full Occupancy
The team of Cushman & Wakefield Executive Directors Chris Metzger, Richard Etner Jr., Christopher Thomson and Director Matthew McAllister represented the owner in the lease negotiations.