News
Xebec Targets E-Commerce Assets in Key Markets
HFF has secured a $46 million loan on behalf of the company’s first industrial portfolio, which includes warehouse buildings in Los Angeles and Chicago.
Amato Properties Acquires Pennsylvania Shopping Center
A private investor based in southeastern Pennsylvania sold Scott Town Plaza, a 73,634-square-foot neighborhood shopping center in Bloomsburg, Pa., for $5.5 million. At the time of sale, the property was fully leased.
Delta Introduces Outdoor Energy Storage
The company’s new system has a high energy density and long lifecycle, making it well-suited for use in commercial and industrial buildings.
Economy Watch Weekly: Winning and Losing Retailers in June
Economy Editor Dees Stribling discusses the retail categories that saw a decline in sales for the month, mostly consisting of those that face competition from the Internet.
CohnReznick’s David Kessler on Today’s CRE Market
Yardi Matrix’s Jeff Adler sat down with the managing partner to discuss his insights on the current and quickly changing commercial real estate industry.
Skanska Names New President
Robert Ward will oversee commercial and multifamily development operations, succeeding Shawn Hurley, who was with the company for seven years.
Adobe Unveils UT, CA Expansion
The tech giant aims to add 5,000 employees and develop a fourth tower in San Jose, a second building in Lehi and lease two additional buildings in San Francisco.
Home2 Suites by Hilton Opens in Summerville
Everest Hotels Group owns the 93-key property, which offers tech-focused and eco-conscious amenities, as well as easy access to downtown Charleston, S.C.
ICM Acquires Suburban Atlanta Office Asset
The new owner awarded Lincoln Property Co. Southeast with the exclusive property management and leasing assignment of Jefferson Plaza.
CBRE Arranges $62M Sale of Golden Bear Plaza
Equus Capital Partners sold the three-building office complex to the East Coast operating platform of The Shidler Group, Alliance Partners HSP.