News
Newly Renovated Baker Center Opens Doors
The new features of the four-building complex in downtown Minneapolis include a large media wall, a two-story entry atrium, a new amenity floor and a panoramic rooftop deck.
Cullinan Properties Expands Illinois’ Levee District
The new multi-tenant retail building will be located between Panda Express and McDonald’s and will be home to T-Mobile starting this fall.
Finmarc Nabs VA Shopping Center
Festival at Manassas, an 117,000-square-foot shopping center in Manassas, Va., traded for $20 million. Bill Kent of CBRE represented the seller, Katz Properties.
CBRE Arranges Sale of San Diego Office Building
Washington Capital Management sold a 40,000-square-foot office building in San Diego for $12.5 million. At the time of sale, the property was fully leased by the University of Southern California.
Ashford Prime Extends Ground Lease for San Diego Hilton
The company has extended the lease at the 394-key property by 24 years, with a new expiration date in 2067. The agreement also provides for a further extension opportunity.
$1.2B Integrated Health Care Village Expands in NV
PMRG has wrapped up development of an 85,000-square-foot medical office building and surgery center in Henderson, Nev. The facility is part of Union Village, a 170-acre community that includes health care, housing, retail and entertainment.
$100M Retail Rebranding Brings Dave & Buster’s to SLC
The dining chain will open its first Utah location in March 2018, in The Gateway, a 623,205-square-foot open-air retail and entertainment center that is currently undergoing a major redevelopment.
Texas Shopping Center Lands $13M Refi
JLL secured the loan for Forum at Soncy, a 64,914-square-foot, Class A retail center in Amarillo. The retail asset is currently 93 percent leased.
Mountain Development Grabs Premier Office Building in NJ
The firm has expanded its local footprint with the acquisition of a 170,000-square-foot, Class A office asset in New Providence, N.J. , which was previously owned by Pitcaim Properties.
Everest Snags $58M Medical Office Portfolio
The real estate company partnered with a major pension fund to acquire four properties in Sugar Land and Richmond, Texas.