Regions
SoCal Community Reopens Following $10M Renovation
Decron Properties’ Reserve at Chino Hills includes 32 two-story buildings and 440 units. The company purchased the property in July of 2014 for $82.3 million.
HFF Secures $32M Financing for NYC Industrial Asset
Upon completion, the John F. Kennedy International Airport-area property will bring 300,000 square feet to Queens, offering easy access to the Port of New York and New Jersey.
EVEN Hotels Opens FL, OR Properties
Zieg Hospitality owns the 132-key Sarasota, Fla., hotel, while VIP Hospitality Group owns the 102-key property located close to downtown Eugene, Ore.
MBRE Healthcare Acquires $37M San Diego MOB
Cushman & Wakefield represented ShopCore Properties in the disposition of the 83,213-square-foot property, which is part of the larger Park Terrace, a walkable mixed-used development.
Ryan Cos. to Break Ground on Elmhurst MOB
Situated in the heart of Elmhurst, Ill., the company will develop a two-story medical office building, which will feature enhanced lobbies and modernized systems.
TSG Group’s New Platform Buys Downtown Indy Tower
Black Salmon, the company’s recently launched CRE investment vehicle, has acquired BMO Plaza, a 444,644-square-foot, 28-story Class A office building in Indianapolis’ central business district.
CRE Deal Volume Drops in Q4
Deal activity slowed in the last quarter of 2017, as investors waited to see if tax reform would pass in 2018. According to the most recent Ten-X Commercial report, they may also have been worried about whether the U.S. economic expansion, which is approaching the second longest expansion period in the nation’s history, would continue.
Stonecrop Technologies Inks 527 KSF Lease in Columbus
In a quick move that reflects the strength of the local market, Plymouth Industrial REIT signed the newcomer to a three-year deal just a few months after the old tenant vacated space.
Class A Office Building Lands 173 KSF Tenant in CT
The 264,500-square-foot property is part of The Towers at Merritt River, an office campus in Norwalk. FactSet will occupy more than half of the building with the relocation of its global headquarters.