News
Chevron Partners Shells Out $24M for Boston’s Sears Crescent Building
The 50,300-square-foot building completed in 1816 was fully leased at the time of sale to 14 tenants.
Las Vegas Office Purchase Boosts Hines’ Portfolio
Improved occupancy is one of the first aims for the newly acquired property.
U-Haul of Newport Expands with Property Acquisition
Movers in and around Newport will have more self-storage options with the upcoming expansion at U-Haul Moving & Storage of Newport at 111 Connell Hwy.
CBRE|Raleigh Wins Leasing Assignment for Renaissance Center in Durham
InvenTrust Properties has selected CBRE|Raleigh to handle the leasing responsibilities for the retail and office portions of Renaissance Center in Durham.
Marcus & Millichap Lists Publix-Anchored Jacksonville Retail Center
Publix-anchored Gateway Town Center in Jacksonville’s Northside sub-market for sale for $12 million.
Portman, Georgia Tech Announce Major Mixed-Use Project in Atlanta’s Tech Square
The High Performance Computing Center, or Coda, is a $375 million development currently underway at Atlanta’s Tech Square.
GE Capital, Western Alliance Finalize Hotel Finance Loan Portfolio Sale
Western Alliance Bank has completed the acquisition of GE Capital’s Franchise Finance U.S. hotel business.
W. P. Carey Closes Major Sale-Leaseback Deal
The net lease REIT has expanded its industrial portfolio with the closing of a $217 million sale-leaseback deal with Fronterra Building Products.
Hilton Worldwide Announces CEO, CFO of REIT Spin-Off
Hilton’s new real estate investment trust will take shape later this year with Thomas Baltimore Jr. and Sean Dell’Orto at the helm.
Pharma Company Plans $200M Manufacturing Expansion in Waco, Texas
The expansion will add 322,000 square feet of manufacturing space to the major pharmaceutical company’s existing facility, and contribute $840 million to the Central Texas economy.