News
Irvine Opens New Chicago Office, Makes Promotion
Beau Rawi, promoted to regional vice president of leasing, together with the company’s Executive Vice President Pamela Van Nort, will lead the team working from the new regional office.
Matan Buys 10-Acre NoVa Industrial Site
Dulles North Industrial Park will comprise of two warehouse buildings totaling 293,000 square feet. The site is currently the northern-most industrial project in the Dulles Corridor.
Microsoft Adds Another Data Center in San Antonio
The company acquired a 202,000-square-foot data center in the far West Side, marking its fourth facility in Alamo City.
Avison Young Arranges $24M Sale of Orlando Retail Center
IMC Equity Group sold Good Homes Plaza, a 96 percent-occupied asset situated near one of the area’s high-trafficked roadways.
Investcorp Makes $156M Manhattan Office Buy
The firm joined forces with Brickman to acquire two assets totaling 267,000 square feet. The Midtown Manhattan properties are fully occupied by more than 20 long-term tenants.
Columbus Engages Arcadis for Wastewater Plant Improvements
Arcadis will design a heat and power engine capable of burning biogas to produce electricity and heat for the plant, helping the city increase its sustainability.
Under the Radar: 2018 Top Markets
Investors are no longer thinking big in big cities, as secondary markets have stolen the spotlight by offering younger and highly educated workforce, diverse economy and job opportunities. According to the Urban Land Institute and PwC’s Emerging Trends in Real Estate 2018 report, secondary markets have become successful replicas of the competitive metros, but where should you actually focus your attention?
Transwestern Nabs 2.5 MSF Industrial Portfolio
The company has acquired nine properties in St. Louis and Indianapolis, expanding its Midwestern portfolio to more than 10 million square feet.
Brennan Finalizes IL Industrial Acquisition
The property is located in McHenry, Ill., and comprises two buildings: a 220,000-square-foot warehouse and a 68,000-square-foot office segment.
A&G, Madison Hawk Lend a Hand in MU Campus Sale
The property consists of a 72,000-square-foot dormitory, state-of-the-art fitness center, a 65,000-square-foot office/class room complex and a 7,500-square-foot airplane hangar.