News

First Capital Enlists New CFO

First Capital hired the former DRW Holdings LLC head of equity. Stephen Johnson brings more than 15 years of valuable experience to the REIT.

Kevin McMeen, MidCap Financial

What Makes a Financing Firm Competitive?

MidCap Financial Co-Founder Kevin McMeen discusses what to expect for CRE lending in 2017, and how his firm has succeeded in growing its presence in the market despite launching during the Great Recession.

Datran Center Earns LEED Silver

Cushman & Wakefield collaborated with the property’s owner to secure the O+M: Existing Buildings v2009 certification for the Miami office complex.

Cancer Research Center Breaks Ground in San Diego

The 110,000-square-foot research hub developed by BioMed Realty will foster collaboration between the University of California San Diego and private companies.

San Diego Retail Condo Trades for Record Price

Colliers brokered the sale of the 3,517-square-foot retail condominium in La Jolla, Calif., purchased by the Cove Equity Group LLC.

McSam Hotel Group Grabs 292 Fifth Ave. Raw Gem

Developer and businessman Sam Chang acquired a vacant Manhattan site in a $42.4 million all-cash sale. Cushman & Wakefield arranged the long-anticipated escrow.

Ryan Cos. Appoints Casey Hankinson as SVP

The company has promoted Casey Hankinson as senior vice president after he has served as vice president for the past six years. So far, he completed more than three million square feet of built-to-suit projects.

2740 Route 10 W. in Morris Plains

Ad Agency Moves Within NJ Area

Vision Creative Group signed a 9,318- square-foot lease in Morris County in a deal brokered by NAI.

Hilco Real Estate to Market Bank-Owned Portfolio

The asking price for the 10 assets is approximately $8.9 million. Seven properties are located throughout the Chicagoland area, while the remaining three are in Northwest Indiana.

Petsmart at Kendall Pointe

Kendall Pointe Sold in $17M Deal

Northbridge Investment Management Inc. purchased the commercial property from Orion Real Estate Group.