News
ResCare Plans KY HQ Relocation
The company awaits the completion of a new building, part of the ShelbyHurst Office Campus in Louisville, Ky., to transfer its 340 local employees.
Economy Watch Weekly: The Most Overvalued US Markets
It’s been 10 years since the last housing bubble, are certain residential markets in danger of overheating? Economy Editor Dees Stribling discusses the latest UBS Global Real Estate Index, which points to several troubled metros.
Fort Worth 177 KSF Office Building Changes Hands
Frontier Equity acquired One Ridgmar Centre, a 10-story office building in Fort Worth, Texas, from Navstar Commercial. Transwestern represented the seller in the transaction.
Mortgage Firm Renews Lease at The Centre in North Dallas
TexasLending.com renewed its 25,000-square-foot lease in Farmers Branch, Texas. Stream Realty Partners represented the tenant in the renewal, while Boxer Property Management represented the landlord.
Goldman Sachs Joins $5.5B Baltimore Revitalization Project
The financial company’s Urban Investment Group is contributing $233 million for the construction of Port Covington, a 235-acre master-planned development on the city’s waterfront. The commitment marks the fund’s largest single private equity investment ever.
Vacant 840 KSF Industrial Building Sells in Vacaville, CA
The buyer’s investment strategy includes a comprehensive capital improvement plan to make the facility, located at 700 Crocker, attractive to Bay Area tenants.
Hines JV to Expand Pinto Business Park in Houston
The company is developing a 600,000-square-foot build-to-suit facility, which will serve as the primary distribution operation for Emser Tile in the South Central U.S.
Morgan Stanley to Buy Mesa West Capital
With more than $5 billion in gross assets under management, the Los Angeles-based lender will keep its name and will operate as a separate business unit.
Global Medical REIT Pays $41 to Enter Austin Healthcare Market
The 59,000-square-foot, 50-bed facility is currently leased to a joint venture between subsidiaries of Kindred Healthcare and Seton Healthcare.