Regions
CBRE Adds Retail Specialists to Newport Beach Office
Ryan Sullivan and Jeff Nichols join the company from Western Retail Advisors, a retail brokerage firm the two new senior vice presidents built together.
EdgeConneX Adds 21MW to Denver Facility
The company will more than double the size of the current facility by adding another 115,000-square-foot building. Clients will be able to scale bandwidth on demand between 1 Mbps to 10 Gbps.
U-Haul Brings Adaptive Reuse Storage to Alton, IL
The company is currently leasing the former Kmart store and will complete the sale of the property in August. The converted building will offer 700 storage units.
Single-Use Developers, Mixed-Use World: Making the Switch
For traditional project sponsors, embracing the opportunities of multi-use projects often involves a significant learning curve. Two experts from CREModels offer insights into making the transition.
Bentall Kennedy Grabs NJ Shopping Center
Kearny Square totals well more than 100,000 square feet and includes a diverse roster of tenants, the largest being BJ’s Wholesale Club.
NYC Office Tower Receives $342M Refi
NKF Capital Markets and Cooper-Horowitz closed the loan for the 617,300-square-foot Midtown Manhattan property, which last traded two years ago.
Economy Watch: Office Construction Robust, More Focused on Downtowns
Development is at an above-average rate and more focused on urban core locations than in previous decades, a recent Newmark Knight Frank report shows.
JV Buys Land for PA Industrial Spec Project
The project—dubbed PARK 309—will encompass 260,000 square feet of warehouse/industrial space, across two separate buildings. Completion is slated for the end of 2018.
HFF Arranges $42M Refi for CA Mixed-Use Asset
The building is part of a 325,000-square-foot, Class A mixed-use development which includes tenants such as Overland Sheepskin Co., Napa Valley Jewelers and Pacific Union International.
Amerlux Introduces LED Pedestrian Post-Top Light
The Coach Style Lantern features a modular LED-board design, which allows for toolless manipulation and easily replaceable parts. The lightweight design facilitates installation.