News
StorageMart Buys 650-Unit NoCal Facility
The 78,000-square-foot property was constructed in 2009 and is the company’s first asset in Santa Cruz.
UPS Lands Tax Incentives for Arlington Regional Hub
United Parcel Service Inc. will lease roughly 1 million square feet at the Arlington Commerce Center, which is expected to create 1,400 full-time jobs.
Bellwether Enterprise Welcomes New SVP
Nicholas Alston has more than 25 years of experience in ground-up construction financing, joint ventures and acquisition loans.
Chicago Retail Center Sells for $24M
Archer Station is fully leased to a tenant roster including Ross Dress for Less, LA Fitness, AT&T Wireless and Athletico Physical Therapy.
TCC Group Unveils $3.5B Mega-Project in Thailand
The upcoming One Bangkok city district will include five office towers built to LEED and WELL standards, five hotels, three luxury residential high-rises, retail and a variety of civic, art and cultural facilities.
“Jexit”: HCP President Leaving for UK-Based Operator
Justin Hutchens will become the new CEO of HC-One, one of the largest and most recognized home care providers in Britain.
Marriott Sells Hawaii Resort for $317M
The Westin Maui along Ka’anapali Beach comprises the recently renovated 553-key Ocean Tower, as well as the 206-key Beach Tower, which will get its own makeover under the new ownership of Trinity Investments and Oaktree Capital Management.
Lincoln Harris Starts Vertical Construction on Charlotte Community
The developer is partnering with Greg Currie and the Rea family to build Rea Farms, a project that includes a 200,000-square-foot fitness center, a 455-unit luxury community, 76,000-square-foot Harris Teeter store, a 171-unit senior living community, as well as 249 single-family homes and townhomes.
CBRE Structures $19M R&D Sale-Leaseback
The 86,118-square-foot building in Fremont, Calif., will be leased back for 10 years by the current owner and occupant on a NNN basis.
Atlanta Area Retail Center Changes Hands
The shopping center known as Dawson 400 is anchored by Napa Auto Parts and Goodwill and was at 88 percent occupancy at the time of the deal. The center benefits from the proximity of North GA Premium Outlet Mall.