News
HFF Arranges $29M San Diego MOB Sale
The 44,091-square-foot property is anchored by Fresenius Medical Care and was 92 percent leased at the time of the transaction.
Disneyland-Area Sheraton Lands $21M Financing
Continental Partners has secured a five-year, fixed-rate loan for the 285-key Sheraton Garden Grove-Anaheim South Hotel. The financing will also serve to pay off a mezzanine loan.
Rexford Snags $36M SoCal Industrial Assets
The two fully leased properties are part of the South Bay and Orange County West submarkets, which had vacancy rates of 0.6 percent at the end of the first quarter of 2017.
Hyatt Regency Makes Amsterdam Debut
Hyatt Regency Amsterdam is the first Hyatt Regency and third Hyatt-brand hotel in The Netherlands. The hotel will offer 211 guestrooms, including 15 suites.
Bold New York Hires New EVP
The boutique real estate consulting firm has appointed Dennis Colwell as executive vice president & director of sales. He will work closely with the company’s founder & president Jordan Sachs.
HKS Signs 46 KSF Lease, Relocates to Thor Property
The social services organization will occupy part of the first floor and the entire second floor of Thor Equities’ 257,000-square-foot Downtown Brooklyn office building, relocating from 57 Willoughby St.
Economy Watch: Architects Report a Good Month in May
The American Institute of Architects’ Architecture Billings Index posted its fourth consecutive month of growth, suggesting that both the architecture and construction sectors will remain healthy for the foreseeable future.
Divaris Completes 5 Transactions in Virginia
The company worked on behalf of DDREG LLC to arrange the acquisition of a medical office building, and represented Dollar Tree Stores, LaBelle Cottage, Extreme Pizza and Mango in their lease negotiations.
Skanska Tops Out Innovative DC Office Development
The $126 million project at 2112 Pennsylvania Ave., just five blocks from the White House, goes beyond the standard LEED Gold requirements to create a healthy work environment.
CT Realty to Develop $300M Industrial Park in Atlanta
Acting through its affiliate, Port Logistics Realty, the company is paving the way for the construction of a 3.5 million-square-foot project in Fulton County.