Regions
Repositioned MA Office Building Lands First Tenant
Campanelli has recently invested in the repositioning of the 188,000-square-foot 100 TECH office property in Stoughton, 18 miles south of downtown Boston.
Preferred Apartment Communities Grabs 2 Retail Assets
Publix grocery stores anchor both community shopping centers, which total nearly 140,000 square feet in the Nashville and Atlanta areas.
Clarius Trades Phoenix Industrial Property
The two-building asset opened in 2017 and contains nearly 200,000 square feet. The structures are 71 percent leased to four tenants.
AC Hotel Opens in Midtown Manhattan
The 290-key Marriott property located near Times Square is the company’s first AC Hotel in New York City.
Vision Real Estate Expands NJ Office Footprint
The firm purchased 20 Waterview Blvd. in Parsippany from Mack-Cali Realty Corp. for $12.9 million. The building is set to undergo extensive interior and exterior renovations.
Economy Watch: GDP Growth Slower in Q1
Real U.S. GDP increased 2.3 percent in the first quarter of 2018, according to the Bureau of Economic Analysis’ first estimate, coming in less than the 2.9 percent growth achieved in the previous quarter.
Konica Minolta Consolidates US Operations
The technology and IT services firm sold its Ramsey, N.J., headquarters through a sale-leaseback and acquired an adjacent industrial asset. The new campus will create 400 new jobs and house the firm’s current Connecticut operations.
New Orbital ATK HQ Breaks Ground in Arizona
Willmeng Construction is building the 617,000-square-foot office project in Chandler, working on behalf of developer Douglas Allred Co. The campus will host the launch vehicles division for the aerospace giant.
Australia Approves Solar Park for Bitcoin Mining
Located some 130 miles south of Perth, in Western Australia’s Shire of Collies, the 20-megawatt facility should come online within the next six months.
Sterling Bay Nails Down $181M Loan for Chicago Tower
The Class A office project continues the company’s streak of high-profile deals on the city’s Near West Side, including acquisitions, new developments and adaptive-reuse projects.