News
How to Handle the CMBS Refinancing Challenge
Daniel Martin, partner at McDermott Will & Emery, discusses the wall of CMBS maturities coming due this year and his outlook for the CRE lending market.
Union Investment Snaps Up $154M Denver Asset
The Triangle Building, a 226,000-square-foot, uniquely shaped Class A office property in lower downtown, was 98 percent leased at the time of sale.
NGKF Taps Top Atlanta Broker as Executive Managing Director
Steve Morgan has more than 35 years of expertise in commercial real estate consulting, lease negotiation, mergers, acquisitions and workplace strategies.
Divaris Real Estate Completes NC Retail Leases
The company’s broker negotiated on behalf of both Wendover Village in Greensboro, N.C., and Cornelius Shops in Cornelius, N.C. The two leases total 2,820 square feet.
First Phase of Bearkat Wind Energy Project Begins Construction
The project, located in Glasscock County, Texas, will generate 197.6 megawatts of clean energy once the first phase is finalized. Upon completion, the project will total 380 megawatts.
Friedman Wins Management of 2 Office Buildings
The two facilities add a total of 105,672 square feet to Friedman’s property management portfolio and are located in Auburn Hills, Mich.
Cushman & Wakefield Grows Phoenix Team
Keith Lambeth rejoins the company after having worked with Colliers International and CBRE. The firm also appointed Liz Collins from JLL and Patrick Schrimsher from Cushman & Wakefield’s research department.
BLT Enterprises Buys 72 KSF Industrial Building in San Diego
The firm plans to increase the property’s parking ratio and modernize the asset located in Kearny Mesa. The submarket had the lowest vacancy rate of all Central San Diego’s R&D and industrial submarkets last year.
Cushman & Wakefield to Lease Former La Roche Campus
After rebranding and redeveloping the former Hoffmann-La Roche North American headquarters campus as ON3, Prism Capital Partners gave the green light for leasing the two office buildings in Clifton, N.J.
Industrial Asset in Miami Changes Hands
A team spearheaded by Cushman & Wakefield, Colliers and CBRE professionals negotiated the sale of the 164,432-square-foot distribution building. The property serves as ECU Worldwide’s headquarters.