News
Pair of DC Office Buildings Receive $165M Financing
KeyBank Real Estate Capital has secured a seven-year loan for two refurbished Class A office assets in Washington, D.C.
Transwestern Tapped for Leasing, PM Services of MD Asset
Owned by DSC Partners, 77 Upper Rock is completely vacant and immediately available for occupancy. An upcoming renovation will soon add a fitness center and conference rooms, among other amenities.
Knott Realty Acquires 27-Acre Site for FL Industrial Development
The 350,000-square-foot project, dubbed Meridian Center, will comprise two speculative buildings available for distribution, manufacturing or warehouse use. Construction on the first building is set to begin immediately.
Savills Studley Negotiates Office Expansions in Chicago
The company closed on two leases for Ryan Specialty Group and one of its subsidiaries, RT Specialty. The offices are located at Two Prudential Plaza and 500 W. Monroe.
TREIS Closes Sale of Tampa Retail Assets
Tiktin Real Estate Investment Services President Adam Tiktin represented the seller in the transaction, while U.S. Bank originated the acquisition financing to facilitate the deal.
Levin Appoints New VP & CFO
Real estate veteran Paul Tavaglione will step up as vice president & chief financial officer, after serving for 16 years in various finance roles within the company.
WeWork Scores $4.4B Investment
SoftBank Group and the SoftBank Vision Fund will purchase new shares in the collaborative workspace company, while also financing its growth in China, Japan, Southeast Asia and Korea.
Rare MD Industrial Asset Up for Sale
The seven-building portfolio is situated in Hanover, seven miles from BWI Marshall Airport, offering approximately 500,000 square feet of space in a heavily supply-constrained market.
Most Sectors Near Peak, But Crash Unlikely: RCLCO
A strong economy and healthy property market fundamentals will sustain positive operating and investment performance into 2018, the advisory firm projects in a new report.
Homes2 Suites by Hilton Austin Airport Begins Operations
The 87-key hotel is located minutes away from Austin-Bergstrom International Airport, downtown Austin, the Texas Capitol Building and the Austin Convention Center.