News
CBC Advisors Appoints New Dallas Managing Principal
Prior to joining the company, Steve Gray served as senior vice president & director of leasing at Weitzman Group, overseeing a 4.8 million-square-foot retail portfolio.
Bridge, Investcorp Partner to Recapitalize Cold Storage Portfolio
The three warehouses total 715,000 square feet and may represent the first time an institutional investor refinances a multi-tenant cold storage portfolio.
Terreno Realty Sells 162 KSF Industrial Asset in LA
The property, which is located in Whittier, Calif., sold for $25.3 million and generated an unleveraged internal rate of return of 14.5 percent.
NAI Hiffman Closes 2 Large Chicago Leases
Dealer Tire renewed at 3708 River Road in Franklin Park, while Crane Nuclear Inc. signed at 860 Remington Blvd. in Bolingbrook.
C&W Closes 39 KSF Downtown Atlanta Lease
The leasing team facilitated the operational expansion and consolidation of two Atlanta-based government agencies.
HFF Secures $22M for Miami Mixed-Use Development
The company assisted developer Goldman Properties in placing the loan with a well-known financial institution.
CBRE to Market, Lease 4 Industrial Properties in NJ
The company’s New Jersey Logistics Group expanded its brokerage footprint with four New Jersey industrial properties totaling 535,000 square feet.
Howard Hughes Announces 180 KSF Las Vegas Campus
The company has finalized a build-to-suit lease for Aristocrat Technologies Inc., which will relocate more than 600 of its employees to the new $45 million campus, slated for completion in late 2018.
Big Plans for NYC’s Out Hotel
Private lender Silver Arch Capital Partners provided a $30.4 million acquisition loan for the Midtown Manhattan hotel, which will undergo an extensive repositioning process.
Economy Watch: Office, Hotel Investment Has Recovered; Retail Has Not
In the first quarter of this year, non-residential investment increased at an annualized rate of 9.4 percent, according to Bureau of Economic Analysis data. And while the hotel and office sectors have more-or-less recovered to their pre-recession levels, the retail category is facing challenges.