News
Free Market Ventures JV Acquires Chicago Office Asset
The partnership purchased 6400 Shafer Court, which offers 179,442 square feet of space and is currently 88 percent leased to 15 tenants.
Ridge Breaks Ground on 686 KSF Industrial Site
Dubbed Charleston Logistics Center, the facility is slated for completion in the first quarter of 2018. Colliers will handle leasing for the two buildings.
US Industrial Availability Drops to Notable Low
Warehouses and distribution centers saw the rate decline to 7.8 percent in the second quarter, a low not seen in years, a new CBRE report unveils.
JBG Breaks Ground on DC-Area Headquarters
The 14-story building on Bethesda Avenue is slated for completion in the third quarter of 2019. The REIT will occupy the lower floors, with 200,000 square feet of office still up for grabs.
Netflix Expands in Hollywood
Hudson Pacific Properties facilitated the deal. To date, the two companies have teamed on more than 560,000 square feet of office space.
JV to Redevelop Historic Sunshine Theatre in NYC
A partnership between East End Capital and K Property Group purchased the 29,200-square-foot building for $31.5 million. The historic Houston Street cinema will close in January 2018, and will be transformed into a mixed-use development.
Nashville Office Portfolio Changes Hands for $25M
The two assets amass 135,003 square feet and are predominantly leased to WEX Inc. and Parallon Business Solutions. Stan Johnson Co. arranged the transaction.
Rubicon Sells LAX 596-Key Hotel Portfolio
The company disposed of the 640-key Hacienda Hotel it purchased in 2013 and then converted it into two different branded hotels: the Aloft by Starwood and Fairfield by Marriott.
NKF Secures One of the Largest Industrial Sales in Pittsburgh
The sale of the Class A industrial property marks the fourth industrial building completed in the Clinton Commerce Park and the first sale to a third party.
Upcoming Las Vegas Retail Property Snags $38M Financing
Remington Nevada is developing a 25-acre grocery-anchored shopping center at the entrance of Mountains Edge Master Planned community. The property is scheduled to come online in late 2018.