News
Pantheon Sells 16-Acre NJ Industrial Site
Cushman & Wakefield’s Metropolitan Area Capital Markets Group negotiated the sale on behalf of the seller. Pantheon originally purchased the property in 1998 for $4.1 million.
Chesapeake Inks 165 KSF MD Industrial Lease
Johns Hopkins Health System will occupy 40 percent of the 413,000-square-foot building currently rising within Baltimore’s Port 95 Industrial Park.
BGL Expands SoCal Presence
Joshua Rees joins the firm’s national health care real estate group in its newly opened office in San Diego, which replaces its location in Irvine, Calif.
On the Market: 5 Interesting Listings for August
This month’s listings include a Texas retail property built in 1900 and completely renovated in 2015 and a mixed-use multifamily and retail asset in Brooklyn’s Williamsburg neighborhood.
From Deserted to Dynamic: A Cincinnati Success Story
Once considered one of the most dangerous places in the U.S., Cincinnati’s Over-the-Rhine neighborhood has become a development and business magnet. Over the last decade, the area has attracted more than $1 billion in investment. Travis Likes, first vice president at CBRE Cincinnati, explains this remarkable metamorphosis.
Small Balance Loans to Hit High Marks in 2017
John Caulfield, COO of Arbor Realty Trust, the first lender to reach $2 billion in Freddie Mac Small Balance loans, discussed why this financing sector is expected to grow even further.
CBRE Brokers $25M Sale of Luxury Resort in Panama
The buyer acquired the majority stake in the five-star property, which is part of the Trump Ocean Club International Hotel and Tower Panama.
Phoenix Investors Expands WI Industrial Footprint
The Milwaukee-based commercial real estate company added two new assets to its portfolio as Wisconsin Bank and Trust originated the senior mortgage financing.
Marcus & Millichap Hires Retail SVP
Scott Hook rejoins the firm’s Newport Beach, Calif., office, following more than two decades with the firm. He will focus on retail transactions throughout the western U.S., with an emphasis on Southern California.
RAF Pacifica to Develop Carlsbad Distribution Facility
The Class A project for San Diego Hat Co. is slated for completion in the second quarter of 2018. The developer has more than 750,000 square feet of Class A industrial creative space under construction in this submarket.