News

Rendering of 4040 Wilson

AvalonBay Signs 73 KSF Lease in Arlington, VA

The final phase of the Liberty Center development, 4040 Wilson, will feature a mix of residential and office space over 22 stories. Construction will begin in early 2018 and is expected to finish in 2020.

16000 Pines Market

Lifestyle-Oriented Retail Center Coming to Pembroke Pines

Terra Group plans to break ground on 16000 Pines Market’s commercial phase in early 2018, with opening estimated to take place in the third quarter of 2019.

Petrosoft Consolidates Pittsburgh HQ

The company will move its employees to a newly refurbished, 67,000-square-foot office building in Pittsburgh due to the expansion of its retail operations.

Deadline Extended: 2018 Stars to Watch Nominations

Commercial Property Executive is currently accepting nominations for our 2018 Stars to Watch feature. Submit now before it’s too late!

PCCP Provides $22M to Recap Charlotte Hotel

The real estate finance and investment management firm acted on behalf of Lowe Enterprises Investors to arrange the loan for 175-key Aloft Charlotte Uptown.

Mohr Partners Taps New Managing Director

Mike Rapp joins the leadership team of the company’s Atlanta office after receiving his SIOR designation in recognition of his work.

Kansas City’s Corrigan Station Is Fully Occupied

Developed by Copaken Brooks and 3D Development, Corrigan Station has welcomed its final tenant—CardConnect. Specialized in advanced payment solutions, the company will occupy the last 11,150 square feet available.

535 Griswold St., Detroit

Bedrock Acquires Iconic Detroit Office Building

The transaction comprised the 1925-built Buhl Building located in the city’s Financial District, as well as the adjacent parking garage. The buyer plans to bring several major updates to the property.

Chicago-Area Self-Storage Facility Changes Hands

Marcus & Millichap marketed the 44,000-square-foot facility located in Romeoville on behalf of a private investor, representing the buyer as well.

Pharma Manufacturer to Inject $145M in Columbus Plants

PharmaForce will add approximately 140,000 square feet to its New Albany plant. The company will remodel and add 1,800 square feet to another facility in Hilliard.