News
American Realty Moves to DTLA
The company will be relocating from Glendale, Calif., to the top of a City National Plaza skyscraper, in the heart of the city’s financial district.
Greysteel Welcomes New Dallas Director
Michael Carter has more than 30 years of experience negotiating transactions, starting companies and structuring deals, having worked for Allstate, NAI Global, The Weitzman Group, Marcus & Millichap, Regency Centers and CBRE.
TriNetX Renews Boston-Area Lease
Freudenheim Partners represented the tenant in the 20,000-square-foot lease of 125 Cambridge Park Drive.
Atlanta Skyview Distribution Center Changes Hands
The 225,000-square-foot light industrial building was developed by the formerly known Amstar Advisers, alongside Huntington Industrial Partners.
Reichle Klein Brokers Toledo MOB Sale
Represented by SVN, a subsidiary of Community Healthcare Trust Inc. paid about $4 million for the 27,672-square-foot medical office building in Perrysburg, Ohio.
Economy Watch: Beige Book Reveals Trends Benefitting CRE
All 12 of the Federal Reserve Districts reported increased economic activity in the latest Beige Book. Tourism and travel picked up, which is good for the hospitality industry, and non-residential construction remained strong.
PLR Breaks Ground on 2.3 MSF Industrial Asset
The company started construction on Phase I of Palmetto Logistics Park, a 2.6 million-square-foot industrial park. The Palmetto Logistics Park also includes Phase II, a 1.1 million-square-foot industrial facility.
Bay Vista Office Building Trades for $10.2M
Ryan Companies sold the four-story asset to a New York-based real estate investment firm. Valley National bank provided the $7.1 million acquisition financing.
Albuquerque Flagship Clinic Changes Hands
The 85,000-square-foot asset incorporates patient-centered design elements, also meeting WELL Building Standards.
530 Seventh Ave. to Be Awarded WiredScore Platinum
The Midtown Manhattan asset traded its Wire Certified Gold status for Platinum certification by upgrading its wireless connection to meet premium standards.