News
Westwood Financial Snags $171M for Retail Portfolio
HFF lined up the insurance-company financing for 1 million square feet of properties spanning seven mostly Southern states.
Tech Scene Stays Hot, Rent Growth Cools in San Jose
Rent growth has been decelerating since it reached double-digit levels in 2015. As of May, the metro’s $2,675 average rent was more than double the national average of $1,316, according to Yardi Matrix.
LincolnHealth Breaks Ground on E4H-Designed MOB
The 39,800-square-foot facility slated for completion in June 2018 will consolidate primary, specialty and behavioral care services, which are currently spread among four buildings.
DoubleTree by Hilton Chicago-Oak Brook Changes Hands
CBRE Hotels negotiated the transaction of the 428-key hotel. The property is located in a thriving business area, close to several corporate headquarters.
Self-Storage Facility Made of Shipping Containers Coming to Houston
The 1,017-unit property, developed by GreenSpace Holdings, will operate under the CubeSmart brand. The project is part of GreenSpace’s strategy to build 50 self-storage facilities across the U.S. by 2024.
SF Amazon Building Lands $15M Refi
HFF placed a 10-year loan with Principal Commercial Capital on behalf of The S.Hekemian Group. The 40,000-square-foot industrial asset is part of a $50 million project underway.
CushWake Promotes Lisa Pittman
Lisa Pittman will work alongside Lawrence Gellerstedt, running the firm’s occupier services group and leading the growth of the company’s Atlanta platform with increased expertise across different geographies and industry verticals.
Hotel Chaco: Old World Charm and Modern Amenities
The 118-key hotel, located adjacent to sister property Hotel Albuquerque at Old Town, features Native American art throughout the property as well as day trips to its namesake national monument.
Revamped Atlanta Office Tower Unveiled
The recently finalized renovations include a revitalized fitness center, a new conference facility and a tenant lounge known as “The Hub”.
BBG Acquires Trager Property Advisors
This marks the fourth firm BBG has purchased within the past 10 months, bringing its total number of offices to 25.