News
Meridian Snags $17M Tampa Office Park
The new owner will invest $1 million in outdoor upgrades and indoor common-area renovations and plans to build a 2,000-square-foot shared amenity center and café.
Mission Capital Bolsters South Florida Presence
Melanie Herald will serve as managing director and will be based out of Mission Capital’s Miami office. She will focus on originating deals on a national scale.
WPB Office Park Strengthens Tenant Roster
The latest additions to the park’s diverse tenant roster are SV Microwave, Seacrest Services and Brown & Brown of Florida.
EverWest JV Acquires South Bay Office Building
A joint venture between EverWest Real Estate Partners and Frontal Trust purchased a 50,000-square-foot creative office asset in Redondo Beach, Calif.
Top Retail Strategies for This Holiday Season
Mobile commerce, discounters, more pop-ups and warehouse space—these are the four key factors that CBRE identified as this year’s Christmas season preferences among shoppers. Clients want omnichannel access and enhanced consumer experiences.
Orange County Gives Its Best Performance
At the end of the first half of 2017, the metro reached its lowest vacancy rate since the recession, continuing the previous year’s positive net absorption streak.
JLL Secures $75M for Denver-Area JP Morgan Acquisition
The seller was Blackstone, on whose behalf JLL Capital Markets had completed the sale. Deutsche Bank provided the five-year, floating-rate loan.
Hilton City Center Opens in Mile-High City
The 316-key property was renamed after a $27 million renovation. Previously known as Marriott Denver City, the 20-story building is the metro’s third-largest hotel.
Clarion Partners Sells Hotel Portfolio for $135M
The collection of Courtyard by Marriott properties, totaling more than 1,900 guestrooms across nine states, is now under the ownership of Toronto-based Skyline Investments.
Pompano Beach Development Site Commands $12M
CBRE First Vice President Tony Hoover worked on behalf of buyer Bridge Development Group in the transaction. The project is slated for completion in the fourth quarter of 2018.