News
HFF Closes Sale, Secures Financing for Austin Office Asset
The 251,143-square-foot building is situated along the Loop 360 corridor, within walking distance from San Clemente at Davenport and Davenport Village shopping centers.
Meridian, Rockefeller Partner on DC-Area Office Tower
In a new joint venture, the partners will co-develop The Boro, a trophy office building at Meridian’s $825 million mixed-use project in Tysons, Va.
CIM Buys Brooklyn Office Building in $171M Deal
The sale is expected to close in the fourth quarter of 2017. Though barely in the top 10 tallest buildings in Brooklyn, 16 Court St. is reportedly the borough’s tallest commercial office property.
Kimco Breaks Ground on 1 MSF Retail Project
Phase I of Dania Pointe will feature 300,000 square feet, which is already 80 percent pre-leased to a variety of brands. The development is located 10 minutes from the Fort Lauderdale-Hollywood International Airport and Port Everglades.
Transwestern Welcomes New EVP of Agency Leasing
Eric Myers is a veteran in the real estate industry, having gathered more than 25 years of experience holding leadership positions with Avison Young and Tishman Speyer, among other companies.
Faris Lee Arranges Inland Empire Retail Sale
Fontana Southridge Partners LP purchased Southridge Plaza, a 119,359-square-foot retail center in Fontana, Calif., anchored by Rio Ranch Market.
Lincoln Facilitates Office Lease in Atlanta Suburb
Michael Howell of Lincoln Property Co. worked on behalf of the landlord in the lease negotiations, while CBRE’s Bill Kilborn represented the tenant.
Catering Company Coming to Tampa Office Building
Cushman & Wakefield’s Mercedes Angell and Lauren Coup represented owner Denholtz Associates in the lease negotiations. This will be the tenant’s third Tampa location.
Frisco Retail Center Lands Financing
Victory Real Estate Group arranged a non-recourse mortgage for Victory Shops at Eldorado. The 13,600-square-foot shopping center in Frisco, Texas, is currently fully leased by a donut shop, nail salon and dentist offices.
JV Acquires 110 KSF Portland Office Building
KBS Realty Advisors and True North Management Group purchased a 109,725-square-foot asset in downtown Portland, Ore. CBRE arranged a $26.8 million, three-year term acquisition loan.