News
Kaufman Expands Midtown Manhattan Portfolio
The firm acquired an 80,000-square-foot office building through a 99-year ground lease, with plans to complete a multimillion-dollar renovation.
Economy Watch: Nonresidential Building Planning Dips in August
Dodge Data & Analytics reported that the decline was due to an 8.7 percent drop in the commercial component of the Dodge Momentum Index, bringing planning activity to a more sustainable pace.
JV Secures $73M for NYC Redevelopment
APF Properties and Drake Street Partners tapped CBRE to arrange acquisition and redevelopment financing for 163 Varick St. in Manhattan.
PAC Lands New Retail Deal in Atlanta
The acquisition of the 85,639-square-foot shopping center was financed using a non-recourse first mortgage loan from Protective Life Insurance Co.
Glimcher Takes On CEO Role at Starwood
His extensive industry experience and far-reaching relationships make him a natural for this role. Glimcher began his career with Glimcher Realty Trust in 1991 and took over as CEO in 2005.
Task Lamp Designed to Boost Productivity
The new Toronto collection from LUX LED Lighting was designed to emulate natural daylight while providing enough light for office, hospitality or educational work spaces.
North Signal—Westport JV Plans Industrial Development in SC
Groundbreaking of North Pointe Commerce Park is expected to start this month. The site is strategically located in close proximity to the port, airport, interstate highways and the U.S. naval installation.
Marcus & Millichap Expands Chicago Downtown Office
The company added 6,000 square feet of space to its office at 333 W. Wacker Drive and is currently enlarging its Oak Brook team.
Oculus Health Moves HQ to North Dallas
The patient care concierge company leased more than 25,000 square feet at Las Colinas Corporate Center in Irving, Texas. The firm will continue to operate from its existing Portsmouth, N.H., office as well.
AQUILA Completes Lease Renewal at Austin Office Campus
Bethany Perez, Chad Barrett and Bart Matheney of AQUILA represented the landlord, while CBRE’s Nate Stricklen, Erin Morales and Kellly Woodruff worked on behalf of the tenant in the lease negotiations.