News
Exitronix SCL and CRL Series Emergency Lighting, by Barron Lighting Group
By Nancy Crotti A tool-less, hinged door allows for safe access to the six-volt NiMH battery, and 3.6-watt, adjustable LED lamp heads enable maximum on-center spacing to as far as 60 feet. A 58-degree-wide beam lens works well with lower mounting heights or shorter corridor applications. The SCL Series, designed for wall or stem mount applications, measures 9.1 inches x 5.3 inches and operates in a temperature range of 0 to 40 Celsius. The CRL Series is designed for recessed T-bar ceiling applications and lends a clean, architectural appearance.
Sprint, by Beamreach Solar
By Nancy Crotti Sprint is a high-efficiency solar panel with an integrated racking system whose light weight allows it to be installed on commercial roofs that cannot support conventional solar systems. At 290 to 320 watts, its power capacities exceed those of conventional solar systems by as much as 20 percent. Its design requires no tools or grounding, and allows for as many as 30 percent more panels to be installed on one roof, increasing the system’s overall energy output.
Margaritaville Resort Orlando Reveals 187-Key Hotel Details
In addition to the guestrooms, the resort will provide 300 timeshare units and 1,000 Margaritaville-inspired vacation homes.
Virgin Hotels Breaks Ground on 200-Key Hotel in Dallas
The new ground-up development will be located in Dallas’ up-and-coming Design District.
Rouse Acquires $42M Retail Center in Connecticut
The Shops at Somerset Square caters to a trade area of over 372,000 people with average income of $104,600.
Marcus & Millichap Closes Sale of Tarzana Center in LA
The campus, consisting of office and medical buildings, was sold by Sierra Corporate Management for $32 million.
Shopping Center Group to Revamp Atlanta Retail Space
The repositioning will convert a large tenant space owned by Cole Credit Property Trust IV into two retail buildings.
Economy Watch: Apartment Sector Slows in 3Q
All four of the indexes in NMHC’s recent quarterly survey were down, largely because the growing supply of high-end apartments is finally starting to slow rent growth.
OliverMcMillan Announces Hire of Industry Veteran and Promotion of Two Executives
Michael O’Hanlon brings in over 35 years of experience in the industry, joining recently promoted Jeff Zeigler and Eric Buchanan.
Construction Begins on Brooklyn Waterfront Office Campus
Thor Equities’ development will feature two heavy timber buildings totaling 795,000 square feet of office and commercial space.