News
JLL Arranges $39M Sale of Phoenix Industrial Portfolio
Colony Northstar is the new owner of two institutional grade warehouses totaling more than 558,000 square feet. Both buildings offer flexible space that can accommodate single and multi-tenant layouts.
Lifescapes Completes Design for $1.1B Resort in South Korea
Paradise Group and Sega Sammy Holdings are developing the 83-acre project, which will include a luxury hotel, a casino, a convention center, an art gallery, retail and restaurants.
Curio Collection Opens First Hotel in Rome
The 88-key Aleph Rome Hotel is the first property in Rome and the second in Italy to join the brand.
CBRE Adds Industry Veterans to South Florida Team
Kevin Probel and Kevin McCarthy joined the company from JLL, bringing vast commercial real estate experience to their new positions.
MRM Capital Buys Seattle Office Campus
The property was completed in 1990 and incorporates nearly 195,000 square feet of Class A office space anchored by Allstate Insurance.
Streetplus to Manage 3 San Fran Benefit Districts
All three downtown Community Benefit Districts were previously managed by MJM management Group, which will serve as a local advisor to Streetplus over the next two years.
Hanley Negotiates $29M Inland Empire Retail Sale
Phillips Edison & Co. snagged the 110,004-square-foot Corona, Calif., property in the face of a competitive market for limited available properties.
Economy Watch: Consumers More Jittery About the Future
Confidence in future U.S. economic prospects continued to decline in July, according to the University of Michigan’s latest consumer confidence survey.
Tavistock Inks Major Build-To-Suit Lease in Orlando
The company will create a new 240,000-square-foot campus for Orange Lake Resorts in the 200-acre, mixed-use Infinity Park, marking one of Orange County’s largest office transactions year-to-date.
Axel Springer Sells Berlin Assets for $865M
A Norwegian sovereign wealth fund is the new owner of the German publisher’s future headquarters, while a Blackstone joint venture acquired the company’s current home.