Regions
REITs Reap Rewards of De-Risking
The lessons of the financial crisis have made a lasting impact on these companies, positioning them for continued growth and stability through year-end, says Fitch Ratings Senior Director Stephen Boyd.
Midwest Industrial Hub Changes Hands
Sold by SpartanNash, 2925 Industrial is a mixed-use multi-temperature facility. JLL has brokered the sale of the 139,077-square-foot property on behalf of the seller.
Suburban NYC Office Portfolio Trades for $45M
Morgan Management sold the Class A Canal View in Rochester, N.Y., and Corporate Crossing in Pittsford, N.Y., two years after acquiring them for Sovereign Partners for $35 million.
Analog Devices Breaks Ground on MA Headquarters
The company will consolidate its operations in the Wilmington facility, which is set to include laboratories, collaboration space and a 50,000-square-foot hub.
Multiplex Completes $154M Australian Hospital
The global contractor is delivering what reportedly is the largest-ever health infrastructure investment in the region, twice the size of the facility it is replacing.
Hines JV Buys Hamburg Office Campus
The sellers of the 500,000-square-foot property will maintain responsibility for finishing development. The 11-story building is set to house Olympus’ main EMEA base.
Managing Cyber Risk in Commercial Real Estate
Unlike the high-profile financial services, health-care and retail industry victims that have traditionally been exploited, the real estate industry is—mistakenly—perceived as far easier to crack.
Apartment Income Investors Trades Inland Retail Asset
A private investor paid $24 million for the roughly 100,000-square-foot Thomas Winery Plaza in the Inland Empire in an all-cash transaction.
Tempe Office Building Changes Hands
JLL represented the seller, Hannay Realty Advisors, in its disposition of Warner Courtyards. The former owner will continue to manage the asset.
Warfield Cos. Buys, Rebrands Historic Complex
The property comprises 12 buildings, three of which have been renovated and leased. The new owner will add a strong residential component and rename the complex Warfield at Historic Sykesville.