News

Phoenix’s Oldest Shopping Mall Changes Hands for $115M

Kimco Realty shelled out a whopping $115.3 million for an 850,000-square-foot retail center in the Phoenix metropolitan area.

Milwaukee Office Tower Earns LEED Gold Certification

Milwaukee’s fifth tallest building has achieved LEED Gold certification from the U.S. Green Building Council.

The Logan Philadelphia

Hilton’s Curio Brand Expands to the City of Brotherly Love

The Logan Philadelphia, a luxury 391-key hotel located in the heart of Logan Square, has joined Curio – A Collection by Hilton, following an extensive renovation.

Economy Watch: Rates Up, Life Goes On

The Federal Open Market Committee raised the short-term rates that the Fed charges.

C&W Has Remedy for Healthcare Firm’s Growing Pains

Cushman & Wakefield helped Cross Country Healthcare expand its footprint in Boca Raton, Fla., in a complex lease transaction.

Bay Area Retail Center Funded for $50M-plus

HFF has arranged more than $50 million in equity and debt capital for a new 112,000-square-foot, grocery-anchored retail center.

MITSUBA Corp. Receives Incentive Check

A $97,740 Business Solutions incentive rebate was presented by Michigan’s largest utility, Consumers Energy, to American MITSUBA Corp.

Meridian Office Center boca raton fla

Ivy Realty Snaps up Meridian Office Center in Boca Raton

The twin office buildings at Boca Raton’s Meridian Office Center traded hands in a recent transaction mediated by CBRE.

Net Lease Column: What’s New in Net Lease for 2016?

By Stephen Counts, Associate Director, Calkain Cos.: The net lease industry has seen the largest sale-leaseback transaction volume in recent history. Can we expect the same in 2016?

524 West Peachtree St atlanta

New Owner to Renovate Peachtree St. Office

A Midtown Atlanta office building will soon be developed into a 175-key, eight-story luxury hotel.