News

George Smith Partners Secures $73M Loan for Seattle Office Asset

The financing will be used for the conversion, renovation and stabilization of the Seattle Design Center.

5 Houston Center

Columbia Property Trust Exits Houston

Spear Street Capital is the new owner of three office buildings totaling 1.2 million square feet.

Economy Watch Weekly: 2016 Wraps Up with Fairly Good Jobs Report

For the first podcast of the new year, Economy Editor Dees Stribling wraps up the state of the jobs market at the end of 2016, including how the retailers fared during the holiday season, for the week ending Jan. 6, 2017.

Cushman & Wakefield Arranges Sale of 504KSF Industrial Asset

The new ownership has commenced a multi-million-dollar renovation of 340 Stiles St., in Linden, N.J., scheduled for completion in spring 2017.

PMG Trades Charlotte’s Midtown Crossing for $30M

After a year of ownership, Property Markets Group sold the 122,830-square-foot retail center to Bluejay Capital Management.

Economy Watch: Holiday Sales Rise, Especially Online

More than one-fifth of all holiday spending this season was conducted online, a substantial increase from the same time a year before.

Iconic Atlanta Office Tower Receives $156M Financing

HFF secured the loan on behalf of Preferred Apartment Communities Inc. for Three Ravinia Drive.

10 St. James Ave.

Mori Trust Enters US with Big Boston Buy

The Japanese company has agreed to pay $673 million to acquire two Back Bay office buildings in a partial sale-leaseback transaction with Liberty Mutual.

Industrious Doubles Its Presence at Ponce City Market in ATL

The new lease will include nearly 40 new private offices spread across the entire 7th floor of the building located at 675 Ponce De Leon Ave.

Dr. Kris Singh

Holtec Int’l Makes $312M Move in New Jersey

The energy-tech company is about to relocate to its new 600,000-square-foot plant in Camden, N.J.