Regions
On the Market: 5 Interesting Listings for December
This month’s listings include a redevelopment-ready property in Richmond, Va.; a recently completed luxury community in Philadelphia; and other opportunities.
WeWork Expands VA Footprint
The company is set to occupy more than 80,000 square feet at CEB Tower at Central Place in Rosslyn, a JBG Smith property.
Cushman & Wakefield Brokers Shopify’s 434 KSF Toronto Lease
The e-commerce platform signed a long-term lease at downtown Toronto’s newest mixed-use development, The Well. Since 2013, the global real estate services firm has represented Shopify in several other deals.
HFF Arranges $180M Loan for Class A Industrial Portfolio
A joint venture between Bixby Land Co. and an institutional partner used an initial $48.9 million in funding to acquire four buildings across California and Arizona.
Vantage Data Centers Expands into Canada
The Santa Clara, Calif.-based wholesale data center provider will add assets in Montreal and Quebec City when the $200 million acquisition of 4Degrees Colocation is completed.
White Oak Healthcare Buys $700M Loan Portfolio
Capital One Healthcare and its participant banks sold the group of skilled nursing and senior housing loans to the company.
Thor Equities Inks New Manhattan Retail Lease
The firm added Smile Direct Club to the tenant roster of a mixed-use asset in Harlem, alongside Insomnia Cookies, Fuel Juice Bar and Harlem Wine and Spirits.
Top Issues to Watch in Real Estate & REITs
Solid job growth, strong consumer spending and overall economic momentum will make next year a good―albeit not great―year for the industry, says a senior NAREIT economist. Here’s a look at those factors that may cool the hot streak.
The Mele Group Brokers Sale of PA Storage
Marcus & Millichap’s Tampa-based brokerage team arranged the sale of the 598-unit facility located in Harrisburg, Pa. The team represented both the seller and the buyer in the deal.
Meridian Closes 5th MOB Acquisition in California
The company will invest $3.6 million in upgrades to the property, which was vacant at the start of negotiations. While the sale was in escrow, Newmark Knight Frank found a tenant for half the building.