News
JLL Welcomes New Tenant to Miami Office Tower
Banco do Brasil Americas will occupy an entire floor at 1221 Brickell. The building’s 22nd floor will serve as the banks new corporate headquarters.
Ohio Quarter Horse Association Relocates to Columbus
The association will move from Richwood, Ohio to a 26,000-square-foot mixed-use building in Columbus, Ohio once improvement work at the facility finalizes.
Grand Coast Capital Appoints New Managing Director
Former Fullerton Investors LLC Chief Operating Officer David Adams brings 14 years of expertise in asset management and investor relations to Grand Coast Capital Group.
LA Retail Asset Lands $29M in Financing
HFF represented the borrower in securing the two-year, fixed-rate loan for the acquisition of a 244,000-square-foot retail structure anchored by Macy’s.
HFF Closes Sale of Broadway Shopping Center
The tenant roster at the 74,604-square-foot power center includes Big Lots, Da Vita Dialysis, West Marine and Subway. More than 34,800 residents live within a three-mile radius of the property, while more than 64,000 vehicles pass by daily.
New Abilene Shopping Center to Open Next Year
Prestige Development Group will build a 171,027-square-foot ground up retail center in Abilene, Texas. The company preleased more than 140,000 square feet at the property.
Penn Medicine Kicks Off $1.5B Philly Project
The Pavilion, a 1.5 million-square-foot hospital rising at the site of the former Penn Tower in West Philadelphia, marks the largest development in the university’s history.
Dallas Office/Medical Complex Changes Hands
Pat Davis Properties bought the office park for $11.3 million. At the time of the transaction, the four-building campus was 82 percent occupied.
CCP, Sabra to Create Healthcare Giga-REIT
The combined company is expected to have an equity market capitalization of $4.3 billion and a pro forma market cap of about $7.4 billion.
Cush & Wake Adds Managing Director to Philly Team
After a five-year tenure at JLL, James Adams will be handling the company’s project and development services in the region. He will also be performing owner representation and consulting for clients.