Regions

SunCap Breaks Ground on AZ Industrial Asset

Twenty-one percent of the 134,358-square-foot Gilbert Spectrum Building One has been pre-leased to SDHQ Off Road. The property is scheduled for completion by the second quarter of 2019.

Michael Frankel, Co-CEO & director, Rexford Industrial Realty

Rexford Industrial Buys, Sells $136M in SoCal Assets

The standout of the three separate transactions is the addition of the fully leased, 695,100-square-foot industrial facility at 5300 Sheila St. in Commerce, near downtown Los Angeles.

KBS Inks 22 KSF Lease at San Jose Office Property

The firm secured a lease with accounting and consulting firm BPM to occupy space at its LEED Gold-certified, 309,255-square-foot office asset.

New Design for Lower Manhattan?

Proposed modifications to the Stock Exchange District will be guided by three principles: creating an identity and sense of space, improving pedestrian experience and rationalizing essential deliveries.

VA Beach Office Asset Lands New Management

Mercer Street’s recently purchased Class A property encompasses more than 70,000 square feet and is fully leased to Amerigroup Corp.

Executive Spotlight: Fred Boehler, Americold

CEO Fred Boehler spoke with CPE about the challenges facing the temperature-controlled warehouse industry, technology’s impact on real estate and the changing retail landscape.

Cvent Grows VA Footprint With Lease Expansion

The company’s total lease at Boro Station, a three-tower Class A office complex near Greenboro Station, now encompasses roughly 140,000 square feet.

Orange County Industrial Portfolio Sells for $23M

Cushman & Wakefield has brokered the sale of a two-property portfolio located in Fullerton, Calif. The facilities are within the 47-acre master-planned Northpoint Commerce Industrial Park.

Economy Watch: Construction Materials Costs Rising Rapidly

April saw the largest month-over-month increase in construction materials prices in almost three years and the largest year-over-year increase since October 2011, according to a recent Associated Builders and Contractors report.

Cara Leonard, CBRE Hotels

CBRE Hotels Taps New SVP

Cara Leonard will coordinate with existing team members in arranging financing for large institutional and middle market hotels and resorts.