News
Gladstone Nabs $51M Orlando Office Portfolio
The three Maitland buildings are fully leased, with ADP LLC—an indirect subsidiary of Automatic Data Processing Inc.—occupying 72 percent of the campus.
VandlGuard Prevents Hassle of Graffiti Clean-Up
The non-toxic permanent protective coating prevents damage from commercially available spray paints and can be applied to most surfaces, from concrete to previously painted areas.
Positive Momentum in Atlanta
A rapidly rising population is adding to the city’s congestion issues, but also fostering demand for apartments and pushing rents higher. Rents were up 2.9 percent to $1,108 as of May, and Yardi Matrix forecasts a 3.5 percent increase in 2017.
Bloomfield Capital Funds Retail Loan
A Nashville, Tenn., real estate development firm sponsored a $3.2 million senior bridge loan for the refinance and renovation of a 30,000-square-foot retail center in greater Nashville.
PAC Lands SC Shopping Center
The corporation acquired Irmo Station in Columbia, S.C., through a subsidiary, using a $10.7 million mortgage loan. A Kroger grocery store anchors the 99,000-square-foot retail asset.
HealthScape Expands Chicago Office
The company will occupy the entire 21st floor at 55 W. Monroe St. starting December 1, 2017. The building has been home to HealthScape’s operations since 2014.
Revitalized Manhattan Office Tower Lands New Tenant
Healthcare organization Hospital for Special Surgery inked a 98,600-square-foot lease at 777 Third Ave., in Midtown Manhattan. The property is owned by a joint venture between the William Kaufman Org. and The Travelers Cos. Inc.
UNLV, Gardner Carry Forward Tech Park Development
The Harry Reid Research and Technology Park will spread over 122 acres of land and will encompass 12 office buildings comprising more than 1.5 million square feet of commercial office space.
Lincoln Negotiates Leases at Atlanta’s Live Oak Square
Lincoln Property Co.’s Michael Howell, Hunter Henritze and Caroline Cole closed three new deals at the property on behalf of the landlord, HighBrook.
Spavia Will Open Third Ohio Location
The spa services provider inked a 3,176-square-foot lease on the east side of the Bridge Park community, a recent development located in Dublin, Ohio.