Regions

Colliers Brokers Sale of 2 PA Retail Assets

The properties—a 9,000-square-foot, three-story historic office and retail building and a gas station/convenience center—traded for a combined $6.8 million.

World Wide Technology Enters DC Market

NKF represented the technology solution provider in signing a lease to occupy more than 10,000 square feet at the LEED Platinum certified Terrell Place.

Sealy & Co. Acquires 2 Oklahoma City Industrial Assets

Purchased on behalf of Sealy Strategic Equity Partners, the properties total more than 400,000 square feet, bringing the firm’s local square footage ownership to more than 2.1 million square feet.

40 Exchange Place, New York

Manhattan Office Tower Lands $100M Refi

Partners GFP Real Estate and Northwind Group secured the 10-year loan, provided by Capital One Bank, for a 300,000-square-foot property in the Financial District.

Chris Angelone, JLL

Retail Investment to Gain Momentum After Sluggish Start to 2018

JLL largely attributed the drop in investment to caution and the perception that current retail returns are not commiserate with current valuations.

New Residence Inn Opens in Denver

Situated six miles from Denver International Airport, the hotel owned by DIA Development offers 100 guestrooms including studios, one- and two-bedroom suites.

Transwestern Lands Baltimore Office Management, Leasing

Laurus Corp.’s high-rise is centrally located and is home to a number of organizations including the U.S. Department of Justice and Baltimore Development Corp.

The Future of Coworking Is in the Suburbs

Michael Berretta, vice president of network development for IWG, spoke to CPE about the New York City coworking market and how suburban areas fit into the company’s expansion strategy.

The Pinkard Group Appoints New Principal

Fred Underwood will be responsible for the firm’s acquisition and development services, having previously worked at Bernstein Management and Buchanan Partners.

JRM Construction Adds New Project Director

Joseph Schimenti brings more than 20 years of experience in construction, having previously occupied various roles within Schimenti Construction Co.