Property Management
CBRE to Lease Memphis Office Park
The new owner acquired the campus in September and selected CBRE’s Ronald Kastner and Patrick Reilly to lead marketing efforts at the property.
Sage Realty Takes Control of Manhattan’s 77 Water Street
In April 2018 the building will convert from a triple-net-lease with Goldman Sachs back to a gross lease. The company secured future commitments with several tenants including law firm Lewis Brisbois Bisgaard & Smith LLP and engineering consulting firm Arup.
Cushman & Wakefield to Manage GA Office Building
Managing Director Aileen Almassy and Associate Laura Power will oversee the leasing efforts at One West Court Square in Decatur, Ga. Siobhan McNichols will serve as property manager.
Disruption in the Middle Market: CRE Report
A survey of senior company executives found that commercial real estate firms are more likely to be among those less prepared to deal with “disruptive” technologies.
Michigan Property Manager Expands in Texas
The company manages more than 140 commercial properties encompassing in excess of 16 million square feet throughout the U.S.
HFF Brokers $44M Sale of Charlotte Hotel
Hospitality Properties Trust purchased the Crowne Plaza Charlotte Executive Park, a 300-key hotel that underwent an extensive revamp process in 2014. Intercontinental Hotels Group will manage the asset from now on.
Don’t Let Taxing Authorities Kill Your Deal
Tips from a veteran attorney on handling the assessments that can spell the difference between a successful closing and coming up short.
Stream Expands Property Management Portfolio
Stream Realty Partners’ Mike Adams and Blaine Annett will lead leasing efforts at 199 South Los Robles in Pasadena, Calif. Jennifer Costa and Tania Chavez will be in charge of managing the property on behalf of the owner.
Tenants and Parking
Parking is especially difficult to find in cities. Kingsley Associates and CPE asked how parking lots could be improved at various CRE sites.
Levin to Manage 2 NJ Shopping Centers
Levin Management Corp. will manage the Mill Creek at Harmon Meadow in Secaucus and the Flemington Marketplace in Flemington. The two shopping centers total some 550,000 square feet combined.