News

JLL Arranges Sale, Loan for Phoenix Industrial Asset

Brian Ackerman brokered the deal on behalf of the buyer, Arizona Custom Blends, while Carl Beardsley facilitated the acquisition financing.

Podcast: The Quest for CRE Opportunity

In this new episode of our quarterly FTI Consulting podcasts, Ingrid Noone shares insights on the various asset categories and the conditions for those with access to capital. Tune in now!

Lord & Taylor: The End of an Era

In shuttering all its remaining locations, the two-century-old company joins a growing list of retailers that have had to permanently close their doors since the beginning of the pandemic.

PGIM Real Estate Acquires $425M Industrial Portfolio

The investment manager purchased the 4.7 million-square-foot collection of properties in one of the largest U.S. portfolio transactions since the onset of the pandemic.

Westmount JV Sells 1.2 MSF Atlanta Business Park

The partnership acquired the 17-building portfolio for $82 million in 2015 and invested some $9 million in renovations.

Austin, Dallas Storage Assets Receive $13M in Refis

Talonvest assisted the borrower in securing two non-recourse, fixed-rate notes from Oxford Life Insurance.

Knoxville CVS Call Center Trades for $10M

Lexington Realty Trust is the former owner of the roughly 60,000-square-foot building.

JV Sells Boston Office, Lab Complex for $330M

Newmark Knight Frank represented sellers Marcus Partners and The Davis Cos. and procured the buyer of the property, which includes the potential for additional life sciences development.

WAC Debuts High-Tech Modular Lighting System

Designed for both commercial and residential spaces, the STRUT system offers LED illumination in a variety of formats.

Tampa-Area Industrial Facility Trades for $15M

The newly-developed property is 50 percent occupied by a tenant that pre-leased the space before its completion.