News
Employment Gains Spur Growth in Philadelphia
An evolving wage structure, an influx of young professionals and the boom in hospitality and development are helping the metro’s multifamily market keep its head above water.
Specialty REIT Has the FBI on its Most Wanted List
With the acquisition of the Salt Lake City regional headquarters, Easterly Government Properties has become the nation’s largest private owner of FBI field offices.
DivcoWest’s Fifth Fund Exceeds $1.5B Target
The value-add investment vehicle, which targets office and R&D properties in markets with high barriers to entry, closed on a high note, becoming the company’s largest fund ever.
Denholtz Signs 3 Orlando Office Leases
JourneyPure Orlando, TradeStar Inc. and Yotta Sky Group will occupy 8,371 square feet of office space at the University Corporate Center, a seven-building campus in Winter Park, Fla.
Storage Post Expands Florida Footprint
The company continues its self-storage space buying spree, making its ninth purchase in the state in the heart of Miami’s Little Havana neighborhood. According to public records, the seller was an entity affiliated with former Dubble Bubble candy executive Bruce Weiner.
NAI Hiffman Brings Two New Tenants to IL Office Campus
Legacy Professionals and Regent Surgical Health closed agreements at 4 Westbrook Corporate Center in Westchester, Ill. The total leased space amounts to more than 26,000 square feet.
Accelerated Schools Opens LA’s First Dual Language Campus
The Spanish/English school, dubbed The Accelerated Charter Elementary School, includes 100,000 square feet of new school improvements, as well as 19,000 square feet of play and outdoor teaching space and more than 11,000 square feet for a multipurpose room.
CBRE Secures $43M San Diego Acquisition Financing
Swift Real Estate Partners purchased 530 B from Bosa Development. The seven-year, interest-only loan will provide funds for capital improvements, leasing commissions and tenant improvements.
Oden Hughes Announces 57-Acre Mixed-Use Project in San Antonio
The development will be built in three phases and will include a commercial component as well as a residential one, which upon completion, is anticipated to total nearly luxury 1,000 units.
Hunt Mortgage Group Opens DC Office
The company’s new office will be located in downtown Washington, sharing space with other Hunt businesses. Bryan Cullen will be in charge of the team.