News
VanTrust Breaks Ground on Chandler Office Asset
Layton Construction Co. is developing the first phase of Chandler Corporate Center, a 114,000-square-foot office development in Chandler, Ariz. The property is scheduled for completion by June 2018.
Lerner Inks 23 KSF HQ Lease in VA
Cross Country Consulting will take up an entire floor at a premier office building located within Lerner’s Corporate Office Centre at Tysons II in Tysons, Va., the state’s largest office market.
Tech Company Service Express Expands MI Office
The tenant, tech company Service Express Inc., signed an agreement for approximately 60,000 square feet of office space at a campus in Grand Rapids, Mich.
Mortgage Firm Extends, Expands Dallas Lease
Pacific Union Financial signed a new 44,000-square-foot lease at Browning Place I in Dallas. The company also renewed its existing 88,000-square-foot lease at neighboring Browning Place II.
Deadline Extended: 2018 Top Mortgage Banks Survey
Don’t miss out on the chance to participate in the 2018 CPE-MHN 2018 Top Mortgage Banks Survey and be ranked among the top mortgage banking firms in the U.S.!
Upcoming Raleigh-Area Mixed-Use Center Lands New Tenants
CBRE announced that Domino’s Pizza, Eye Level Learning, Pure Juicery Bar, Nest Realty and Avance Pediatric and Adult Primary Care will be coming to Village Square at Amberly in Cary, N.C.
JV Lands $47M Loan for DC Office Portfolio
Coretrust Capital Partners and Normandy Real Estate Partners tapped HFF to secure financing for the 185,671-square-foot Reston Metro Center One & Two. The floating-rate loan was provided by AllianceBernstein.
IHG Opens 6th Australian Hotel
The 240-key InterContinental Perth City Centre features 16 stories and was designed by Woods Bagot with interiors by Chada. The hotel is located within The King Street Precinct.
CRE Financing: More Regulation, Non-Bank Lending
Triple Net Financial’s Brandon Johnson weighs in on the challenges in commercial real estate financing, the impact of regulations on potential growth and which markets are still ripe for retail development.
Economy Watch: Holiday Retail Sales Could Spike This Year
Retailers will likely enjoy a strong holiday season, with e-commerce expected to see a sales increase of 18 to 21 percent this year, according to a new Deloitte forecast.