News
Transwestern to Lease, Manage San Antonio MOB
Velocis’ recently acquired medical complex is currently 75 percent occupied to health care providers including Baptist Health System, MEDNAX, BB&T and the Center for Healthcare Services.
Colliers Closes 5 Leases at MA Office Asset
The company inked leases with Axis Promotions, CGI, Mortgage Network, Caras & Shulman and AAM 15 Mgmt, working on behalf of Duffy Properties. The 201,330-square-foot 78 Blanchard building in Burlington, Mass., is down to 15,000 square feet of vacant space.
Equinix Expands DC Footprint
DC12 is Equinix’s new Ashburn, Va., International Business Exchange facility, located across the street from DC10. At full build, the 57,800-square-foot building will have approximately 3,000 cabinets for potential clients.
LMC to Manage, Lease NJ Shopping Center
The property is leased by ACME Supermarkets. Levin Management Corp. advised LMC Properties in acquiring the asset.
Hines to Develop First San Antonio Multifamily Project
The development will be located on 11.4 acres within the retail power center The RIM and will total 380,000 square feet.
CBRE Brokers Sale of Cayman Islands Resort
The Holiday Inn Resort Grand Cayman sits on approximately 6.5 acres of prime oceanfront land and was originally planned for timeshare sales.
Construction Begins at New Henry Ford Detroit Pistons Performance Center
Slated to open in the summer of 2019, the campus is expected to incorporate a sports medicine, treatment and rehabilitation facility; an office component; and public spaces for community events.
Ken Rogozinski Rejoins Greystone in Newly Created Role
The financing specialist will serve as executive managing director of Greystone Bassuk, one of Greystone’s real estate advisory companies. Rogozinski will build structured debt products for real estate owners and developers.
Woodmont Sells Northeast PA Industrial Building
Before the sale, the company completed an extensive capital improvement plan for 1 Commerce Road, a 437,446-square-foot warehouse in Pittston, Penn.
Berkadia Completes Orlando, Tampa Transactions
The Orlando-area Winter Park Shopping Center received $27 million in financing, while the Villages at Turtle Creek, a suburban Tampa community, traded in an $18.6 million deal.