News
BGSU, JLL Carry Forward $200M Master Plan
The long-term initiative comes alive with the opening of a high-tech facility. In line with the academic-focused phase of the project, BGSU will be renovating, constructing, demolishing and upgrading more than a dozen buildings across the campus.
New Hotel Coming to Downtown Baltimore
The historic property—which recently traded for $3 million—landed a $10 million acquisition and renovation loan. In the making since before the Recession, the project at 101 N. Charles St. is slated for completion in 2018.
Natixis Originates $55M Redevelopment Loan for Philadelphia Retail Asset
Sun Equity Partners plans to rebrand the former 429,617-square-foot Cheltenham Square Mall as Greenleaf at Cheltenham. The asset is 60 percent leased.
Dermody Snags Silicon Valley Class A Industrial Asset
JLL is spearheading leasing efforts for the fully vacant 111,043-square-foot building developed by Panattoni in 2016. This is one of the few Class A industrial developments in the area.
Tropicana Entertainment Buys Chelsea Hotel in Atlantic City
The boutique lodging property will be incorporated into the company’s 2,400-key casino resort across the street.
Amenity-Rich Self-Storage Facility Lands New Owner
Marcus & Millichap brokered the sale of the 71,000-square-foot property in Winston-Salem, N.C. The asset was built in 2014 and has been operating since 2015.
Sealy & Co. Acquires 1.2 MSF Industrial Portfolio
The company has expanded its holdings with the purchase of 17 warehouse/distribution buildings in the Southwest submarket of Oklahoma City.
Credit Suisse Snags LA Office Building
The Swiss company paid $59 million to acquire the Class A property in Glendale, Calif., from a joint venture between Lincoln Property Co. and Morgan Stanley.
JLL Names Senior VP for VAS Team
Lana Lenovitz will join a platform of more than 200 professionals, bringing valuable expertise to the Mid-Atlantic team.
Tenants on the Sharing Economy
This month CPE partnered with Kingsley Associates to ask tenants what they think about communal resources, such as workspaces and expenses.