News
Fortune 100 Data Center in Metro Atlanta Sold by Lincoln
A Lincoln Property Company Southeast team that included Tony Bartlett, Denton Shamburger and Chip Sipple represented Datawind LLC, the seller of a 184,553-square-foot data center in a $50 million transaction that took place this September, the group announced recently.
Pebblebrook Hotel Trust Grabs The Westin Colonnade Coral Gables
The Westin Colonnade Coral Gables, a 157-room upper-upscale full-service hotel on Miami’s Miracle Mile was recently acquired for $59.4 Million by Pebblebrook Hotel Trust, the company announced.
Hyatt Acquires Full Ownership of Hyatt Regency Lost Pines Resort and Spa for $143M
A Hyatt affiliate has acquired its partners’ 92 percent interest in the Hyatt Regency Lost Pines Resort and Spa near Bastrop, announced Hyatt Hotels Corporation. The price of the transaction was oft approximately $143 million.
High 5 Games Joins Tenant Roster at One World Trade Center
High 5 Games is the latest company to sign a deal and will take 87,663 square feet at the downtown Manhattan office tower, officials announced Thursday.
Avison Young Debuts in Orlando with Acquisition of Morrison Commercial
The acquisition, Avison Young’s second in Florida this week, marks the service firm’s entry into Orlando.
Economy Watch: BLS Reports Job Turnover Trends; U.S., India Reach Trade Accord
Job openings hit 4.7 million, signaling expansion; U.S.-India trade deal on farm production could boost the global economy by $1 trillion.
Industry Partners, RKF To Market Space in Converted L.A. Coca-Cola Plant
GPI Cos. and Atlas Capital plan to transform a former Coca-Cola production facility into 150,000 square feet of creative office, retail and restaurant space.
JLL Sets Footprint in Portland with Acquisition of Cresa Office
The global real estate firm is buying Cresa Portland, the city’s leading tenant representation firm.
Northrop Grumman Renews Lease at Kearny Mesa Campus
Northrop Grumman Systems Corporation, one of the largest companies in the entire country, recently completed a leasing deal that will keep the entity at its current home in the Kearny Mesa submarket of San Diego. According to the local office of Colliers International, the company has renewed its lease for the entire space that it has occupied at an office campus located in the Kearny Mesa Spectrum Center. Colliers noted that the leasing agreement is one of the largest deals of its kind in terms of size to be completed in 2014 in the area.
Republic Services Starts 110,000-SF Expansion at North Las Vegas Recycling Plant
Republic Silver State Disposal, Inc. a subsidiary of Republic Services, Inc. recently started construction on a brand new recycling facility in North Las Vegas. Once completed, the new facility will effectively double the current residential recycling capacity in southern Nevada. Advanced recycling tehnologies will be employed at the building, which will be added to an existing facility in the Southern Nevada Recycling Complex. By increasing the capacity, the SNRC is set to become the largest residential recycling complex in the country.