News
Greenbuild 2017: Electrochromic Glass Controls Light, Energy Savings
SageGlass’s unique electronically controlled windows, walls and skylights allow for automated or manual control of sunlight and heat.
TN Plastic Manufacturer Plans $42M Expansion
M&M Industries intends to expand its current Chattanooga plant and also acquire a new industrial building in the county. The investment is expected to create 110 new jobs.
Sonnenblick-Eichner Closes Seattle Hotel Sale
The company worked on behalf of the seller, to close the sale of Hampton Inn Southcenter, a 153-key property in Tukwila, Wash.
Moonwater Capital Snags Las Vegas Office Campus
SK+G Lab sold New Spanish Ridge, a 114,000-square-foot office park in Las Vegas to Moonwater Capital. At the time of sale, the asset was approximately 80 percent occupied.
Richmond Shopping Center Lands 4 New Tenants
The upcoming Brandy Creek Commons shopping center will be anchored by a 50,000-square-foot Publix supermarket. Divaris’ Richmond office inked four new leases, bringing the property to 92 percent occupancy. The project is slated for completion in the fall of 2018.
Westbrook Buys DC-Area Office for $72M
Two Liberty Center was constructed in 2007 and is a 178,700-square-foot Class A office building that is LEED Silver certified.
Amazon Unveils New Baltimore Fulfillment Center
Tradepoint Atlantic, the 3,100-acre Sparrows Point development, will be home to the retail giant’s 855,000-square-foot distribution facility, which is slated to open in 2019.
NJ Shopping Center Receives $17M Financing
HFF secured the five-year, fixed-rate loan, which is accompanied by a $3.4 million construction line that will be used to fund capital and tenant improvements, as well as leasing commissions.
ShopOne Enters CA Retail Market
The company acquired McKinley Crossroads, a 202,134-square-foot retail center in Corona, Calif. Plans include the renovation of the center.
Baltimore’s Stadium Square Lands 35 KSF Co-Working Space
Amsterdam-based company Spaces will join Janney Montgomery Scott, a national financial services company, which recently moved into the project’s first office building.