Regions

Biotech Firm Opens HQ in Virginia

The space is part of the first building completed within Tech Center Research Park and includes manufacturing, R&D and office space.

Ashford Hospitality Sells 2 Hotels for $38M

The REIT utilized proceeds from the sale of hotels in Georgia and Wisconsin to pay down debt.

GTIS, Graham Street Realty Buy Bay Area Office Asset

Belvedere Place, a Class A property in Mill Valley, Calif., features a tenant roster that includes WeWork, Merrill Lynch and UBS.

Managing Color Schemes, from Simple to Sophisticated

The TivoCue DMX Controller Series from Tivoli Lighting manages color schemes for permanent lighting systems.

Record-Setting Data Center Goes Off the Grid

Kingman, Ariz., will host the nation’s largest solar-powered data center, which will consist of 350 shipping containers encircled by 1,600 solar-panel-topped trailers.

Stockbridge Scores $350M Financing for Logistics Deal

The company acquired a 26-property, 6.3 million-square-foot industrial portfolio spread across nine markets, primarily on the West Coast.

MCA Realty Makes $42M Industrial Buy in Las Vegas

The Equus Business Center, a multi-tenant industrial property about a mile from the Las Vegas Strip, will be rebranded as Central Seven Commerce Center.

ASB Real Estate Buys Inland Empire Industrial Asset for $124M

The company acquired the 1.4 million-square-foot Columbia Business Park development in Riverside, Calif., from a client of Washington Capital Management Inc.

IPO Filing Reveals Costs of WeWork’s Growth Spree

The flexible office giant’s parent firm revealed that the company lost more than $900 million in the first six months of 2019, while revenue doubled to $1.54 billion.

San Diego-Area Industrial Asset Sells for $7M

Cushman & Wakefield arranged the transaction of the 40,831-square-foot facility on behalf of the seller. The buyer was self-represented in the deal.