News
Salt Lake City Demand Outpaces Insufficient Supply
Driven by robust population growth and low unemployment, Utah’s largest city is rapidly expanding, generating healthy housing demand, according to Yardi Matrix.
Skyview Facilitates Sale of VA Self Storage Facility
The 57,275-square-foot stabilized storage facility offers 232 non-climate controlled storage units and 147 climate controlled units.
Panoche Valley Solar Project to be Downsized
Through a settlement with California environmentalist groups, nearly half of the solar development’s capacity will move to the Imperial Valley as a measure to protect the Panoche valley’s endangered species.
First C-PACE Deal Closes in Washington, D.C.
The D.C. Baptist Convention will use the 30-year loan to fund energy-saving upgrades, saving the non-profit more than $800,000 during the life of the project.
Brazil’s 90MW Cristalândia Wind Farm Begins Operations
Enel invested approximately $190 million into the development of the 90-megawatt Cristalândia wind farm. The facility has a generating capacity of roughly 350 Gigawatt hours per year.
PGIM Acquires Midtown Atlanta Office Tower
The real estate investment arm of the insurance company purchased the LEED Gold certified asset from Crocker Partners on behalf of institutional investors.
Celebrating 30: Transwestern, BNP Form Strategic Alliance
We’re celebrating our 30th anniversary by highlighting some of the most significant events in commercial real estate’s history. This week: Transwestern and BNP Paribas Real Estate’s strategic partnership. Stay tuned for our weekly posts and follow along with us using the hashtag #CPETurns30.
Radcliffe Jewelers to Move North Baltimore Store
Following a nearly completed $20 million renovation, The Shops at Kenilworth in Towson, Md., continues to attract new tenants. Radcliffe Jewelers is the latest retailer to join the shopping center owned and managed by Greenberg Gibbons.
Cromwell Center Welcomes 3 New Tenants
St. John Properties negotiated three leases at Cromwell Center in Towson, Md. The Goddard School, Anne Arundel Dermatology and McDonnell Consulting will occupy more than 19,000 square feet of office space.
Flex-N-Gate Adds Office Space Near Detroit
The company signed a five-year lease for 24,165 square feet of office space within the Liberty Place corporate campus in Sterling Heights, Mich.