News
Celebrating 30: TRIA’s Impact
We’re celebrating our 30th anniversary by highlighting some of the most significant events in commercial real estate’s history. This week: TRIA’s impact on the real estate industry. Stay tuned for our weekly posts and follow along with us using the hashtag #CPETurns30.
MidCoast Properties Closes on GA Self-Storage Deal
The property, Lawhorne Storage, is located in Sylvester, Ga., and offers more than 26,000 rentable square feet. The buyer is an out of state investor.
Tallest Building in SC Gets New Ownership
The 25-story office building was 87 percent leased at the time of the sale to a mix of tenants including government, law, banking and insurance industries.
CBRE to Lease Memphis Office Park
The new owner acquired the campus in September and selected CBRE’s Ronald Kastner and Patrick Reilly to lead marketing efforts at the property.
JV Inks 81 KSF Lease for Upcoming DC Trophy Office Building
Morrison & Foerster signed an 81,300-square-foot lease at a planned 190,000-square-foot office building, bringing its occupancy level to 45 percent.
Historic Office Building Trades in Downtown Atlanta
The new ownership will embark on an extensive improvement program meant to modernize the asset’s features including elevators, roof and safety systems.
Walter & Samuels Adds New EVP
Mark Jaccom will serve as the firm’s executive vice president & director of leasing and brokerage, bringing more than 40 years of experience in corporate leasing and real estate advisory services.
Jacobs Tapped for Sydney Hospital Redevelopment
The company was chosen as the lead architect for the $270 million redevelopment of Sydney’s Concord Hospital. The project involves the development of Australia’s first comprehensive care center for retired service members.
Economy Watch: NYC Tops List of Amazon HQ2 Favorites
The city best fits Amazon’s public criteria for the selection prize, according to Anderson Economic Group’s recent AEG HQ2 Index. The retail giant emphasized its desire to be in a city with more than 1 million people and a stable business environment, to name a few.
MCR Opens $21M Marriott in Ft. Lauderdale
The 112-key Residence Inn by Marriott Fort Lauderdale Pompano Beach Central features studio, one- and two-bedroom suites. The hotel is owned and operated by MCR.