News
CBRE Global Buys Atlanta Retail Center for $109M
The company has partnered with Universal-Investment to acquire North Point MarketCenter, a more than 427,000-square-foot Class A shopping mall in Alpharetta, Ga.
Gramercy Europe, AXA Trade $1.1B Portfolio
The industrial, retail and office assets are primarily located in Germany and the Netherlands, with smaller footprints in France, Poland and the United Kingdom.
Hunt Mortgage Launches New Lending Product
The company has allocated $300 million for a new fixed-rate financing program that will enable conduit borrowers to access loans between $7.5 million and $25 million.
Nexus at ASU Research Park Changes Hands
The two-story, 123,864-square-foot property in Tempe was constructed in 1998 as a research and development facility. ViaWest converted the building to office use a couple of years ago.
Coro Realty Nabs Midtown Atlanta Retail Portfolio
The company plans to add the newly purchased assets to the already acquired Gordon Biersch property, which will enable Coro to control almost all retail on Peachtree Street.
Austin Mixed-Use Development Lands $26M in Financing
The first phase of Lantana Place will offer 99,663 square feet of leasable space and is expected to break ground in May 2017, with the opening of a dine-in movie theater scheduled for the second quarter of 2018.
Hill Properties, ReCap JV Nabs 186 KSF Industrial Park in San Diego
JLL arranged the $31.4 million sale of Scripps Ranch Business Park. The nine-building complex is fully leased to nine tenants.
Investors Cash Chips in Las Vegas
Apartment construction slowed in 2016 to 2,000 new units, likely because of oversupply of single-family home rentals. But development looks promising, with more than 4,500 units under construction, according to Yardi Matrix.
Colliers Arranges $30M Sale of Georgia Industrial Portfolio
Sealy & Co. acquired the eight-building portfolio from High Street Realty Co. and successfully stabilized it through renewals, expansions and new leasing.
Wasatch Commercial to Develop Biomerics HQ
The company is managing the location selection process, building design and construction of a 230,000-square-foot facility for Biomerics in Salt Lake City.