News
$500M Entertainment Venue Underway in Alabama
Upon full completion, OWA is expected to create 3,500 jobs and bring roughly one million visitors to the area annually.
SoCal Mixed-Use Center Sells for $62M
The 156,000-square-foot retail, office and medical complex sold for 98 percent of the asking price, representing a cap rate of 5.45 percent.
Divaris Closes Virginia Beach Tech Firm Lease
Mythics’ corporate headquarters will occupy 39,000 square feet of office space at the 4525 Main St. tower.
HFF Secures $39M Loan for Premier Plaza Complex
The 10-story One Premier Plaza and the seven-story Two Premier Plaza are 81.4 percent leased to a mix of tenants.
Economy Watch: Realtors Predict a Solid Year for CRE
The U.S. real estate industry should have a “steady” 2017, with lower vacancy rates in several commercial real estate sectors, according NAR’s latest outlook report.
Rockwood Capital Taps New Director
Charlie Leonard will be responsible for East Coast acquisitions and residential, office, retail and hotel asset management.
HFF Arranges Sale of Houston’s Renaissance Center
The 97,279-square foot retail center serves an area with over 135,000 residents.
Prologis, CBRE Global Investors Team Up for Big UK Effort
The $1.2 billion logistics venture will pursue a develop-to-own strategy in prime markets in the East and West Midlands, London and the South East.
UPS to Build $275M Salt Lake City Hub
The project will create one of the largest processing facilities in the company’s global package network.
CBRE Secures $60M Financing for Miami Luxury Hotel
The Nautilus South Beach is part of Sixty Hotels, a portfolio of five boutique properties located in New York City, Los Angeles and Miami.