News

Self-Storage Operator Adds to Portfolio

StorageMart has acquired self-storage facilities in three states, adding 57,381 square feet of storage space and 2,690 units to the company’s portfolio.

Skanska to Continue Boardwalk Reconstruction

Skanska, the global construction company, has signed a $63 million contract to continue reconstructing nearly six miles of Rockaway Beach Boardwalk, which was destroyed by Superstorm Sandy.

First Potomac Starts Selling its Suburban Portfolio

First Potomac Realty Trust sold off three Virginia office and business park properties after announcing earlier this year that it planned to sell at least $200 million in assets.

Optibase Makes $12.9M Investment in Chicago

Optibase Chicago invested $12.9 million in 300 River Holdings, the owner of the rights to a 23-story Class A office building at 300 S. Riverside Plaza.

Logistics Company Signs Lease in SC Center

STAG Industrial has signed a logistics company to a two-year, 154,000-square-foot lease at a distribution warehouse.

NJ Finishes 2015 with Strong Office Leasing

Bolstered by a strong fourth quarter, office leasing in New Jersey hit its highest annual total in a decade, according to Cushman & Wakefield.

Marinita Makes First Retail Retrofit in Cali

Marinita Development has retrofitted a vacant Kmart and successfully preleased all the space to four retailers before closing on the property.

Law Firm Takes Bigger Space at Park Avenue

Stradley Ronon Stevens & Young has signed a new lease for 9,620 square feet at 100 Park Avenue in Manhattan.

World Wide Tech HQ to Revitalize St. Louis District

World Wide Technology’s recently finished new headquarters will be the centerpiece of a new $95 million project in St. Louis’s Westport Plaza district.

Marriott Moves Forward with CO Convention Center

Development on the Gaylord Rockies Resort and Convention Center is set to begin after the closing of a $500 million construction contract.