Regions
Faris Lee Arranges Sale of Retail Center in CA
Southwood Village, a 66,958-square-foot facility in Torrance, Calif. traded to a private 1031-exchange buyer, based in the South Bay. The asset changed hands for $21 million.
StorageMart Expands Iowa Portfolio
The company has purchased two self-storage facilities totaling 50,000 square feet. The facilities are located in Grimes and Waukee.
Majestic Asset JV Nabs 2 LA-Area Office Buildings
Equity Office Property Trust sold the 94,000-square-foot Westlake Gardens. NKF Capital Markets negotiated the deal on behalf of the seller.
UT Mixed-Use Project Adds 3 Retail Tenants
Located in one of the fastest growing areas in the U.S., Valley Grove marks St. John Properties’ $250 million investment.
HFF Welcomes New Director in Boston Office
Patrick Keefe has 10 years of experience in commercial real estate lending, starting his career at CBRE Global Investors. He joined HFF’s Boston office team, fulfilling the role of new director.
Platinum Storage to Develop Facility in TN
The 828-unit self-storage development project will be located in Brentwood, Tenn. Construction at the site is scheduled to begin in March 2018.
NKF Adds New Director in NYC
Matt Duthie stepped up as the firm’s regional director of property management overseeing the New York metro region, leaving behind his tenure at JLL.
Passco Unveils Leadership Changes
The company promoted Adriana Olsen and Andy Wang to senior vice presidents of the firm’s sales division.
Top 10 Office Developers in the Northeast US
In this region, companies strive to deliver massive office buildings featuring high-end amenities, with Manhattan’s Hudson Yards mega-campus leading the way.
Marriott Recapitalizes Aruba Property
The proceeds of the $195 million mortgage on the 414-key resort and casino financed the buy-out of some of the property’s partners.