Regions

How Office Spaces Activate Mixed-Use Developments

Adam Felson, principal at officemorph, talks about the main trends in workspace development as well as what aspects need to be considered when working on mixed-used projects with office components.

Economy Watch: Construction Project Backlog Eases in First Quarter

The number of U.S. construction projects under contract has expanded since this time last year in most sectors, according to Associated Builders and Contractors.

Easterly to Pay $430M for US Government-Leased Portfolio

The REIT is set to purchase a multi-state portfolio encompassing 1.5 million square feet. The deal brings the company’s completed or pending acquisitions to $514.9 million since the beginning of 2018.

NYC Retail Portfolio Commands $55M

Marcus & Millichap worked on behalf of the seller—a longtime family owner—in the 19-property transaction and also procured the buyer, Chestnut Holdings.

CVMC REIT Sells 2 Data Centers for $85M

The two properties, featuring a total of 224,500 square feet in the Milwaukee and Atlanta areas, were picked up in transactions by separate buyers.

Skanska to Build $188M Hollywood Hospital Addition

The new acute care services building for CHA Hollywood Presbyterian Medical Center, along with other upgrades and renovations, will total roughly $291 million upon completion in 2020.

Anchor Health Properties Grabs Suburban Boston MOB

The LEED Gold-certified asset is situated within Lahey Hospital & Medical Center’s campus and features a new conference center, recently upgraded interiors and landscaped entrances.

HFF Arranges Financing for CO Office Asset

The six-story, Class A office building, which was built in 1998 and renovated in 2017, was 94 percent occupied at the time of the sale.

Virginia Beach Resort Hotel and Conference Center

Delta Hotels by Marriott Comes to Chesapeake Bay

The recently transacted hotel, situated on the Chesapeake Bay beach, will undergo a $25 million renovation program in the fourth quarter of 2018.

Top 5 Retail Space Sales

PropertyShark compiled the top 5 sales in retail recorded in May 2018 in New York City.