News
Medical Device Manufacturer Building New Facility in SC
Arthrex intends to invest $30 million in its fourth U.S. plant. The new 200,000-square-foot facility in Sandy Springs is expected to create more than 1,000 jobs in the near future.
Daimler AG to Invest $1B in AL Mercedes-Benz Facility
The German automaker will produce electric SUVs under the EQ sub-brand by 2020. Plans also call for a global logistics center, an after-sales North American hub and an electric battery factory near the Tuscaloosa facility.
L&L Holding Tops Out Manhattan Office Tower
The company added the final beam of steel to 390 Madison Ave., a 32-story Midtown East building offering more than 860,000 square feet.
Hines, Goldman Sachs Pick Up OC Office Park
Two years after Hines and a subsidiary of a fund managed by Oaktree Capital acquired 4000 MacArthur in Newport Beach, Calif., the firm joined forces with an affiliate of Goldman Sachs to own and manage the property.
Trammell Crow Kicks Off 500 MSF Oakland Industrial Complex
The developer teamed up with Principal Real Estate Investors for the construction of San Leandro Business Center, a three-building spec project in San Leandro, Calif.
New Homewood Suites Expands San Jose Portfolio
Located in the heart of Silicon Valley, the 145-key hotel extends Hilton’s NorCal Homewood portfolio. The extended stay facility features a unit mix of studio, one- and two-bedroom apartments.
Palm Beach Office Building Commands $9M
The C&W team of Michael Osiecki and Mark Pateman represented the seller in the transaction, while Flagler Bank originated $6.9 million in acquisition financing.
C&W Negotiates Leases at Miami Tower
The team of Brian Gale, Andrew Trench, Ryan Holtzman and Jeannette Mendoza worked on behalf of owner L&B Institutional Fund in securing the leases.
Hankook Tire Opens $800M TN Plant
The Nashville-area facility is the company’s eighth factory worldwide. Built on 469 acres, the 1.5 million-square-foot development in Clarksville is expected to bring 1,800 jobs to the state.
Phoenix Industrial Asset Reaches Full Occupancy
JLL signed new tenants InVue and Aquafil, bringing Colony NorthStar’s industrial portfolio to full occupancy. The market’s record-low vacancy and all-time high absorption rates made for an attractive investment opportunity.