Regions
Northbridge Investment Nabs New Jersey Mid-Rise
HFF’s Investment Advisory team marketed the property on behalf of the seller, an institutional client, and procured the Canada-based buyer.
Charlottesville Retail Asset Changes Hands
Pantops Plaza Shopping Center is 100 percent leased to five long-term tenants, including Starbucks and Chipotle. Cushman & Wakefield | Thalhimer facilitated the transaction.
Mexican Investor Enters Pittsburgh Market
The Aztec Fund purchased a premier office building in Canonsburg, Penn., for $20.5 million. The asset is part of the only mixed-use campus in southwestern Pennsylvania.
United Pacific Sheds CA Office Asset in Sale-Leaseback Deal
The company sold the nearly 41,000-square-foot property for $15 million and signed a 10-year lease with the new owner, a Northern California-based company.
CenterPoint Buys 224 KSF Industrial Asset in NJ
The company continues its buying spree in the state’s port-related submarkets, with the acquisition of a a fully leased warehouse and distribution facility in South Brunswick, N.J.
Apple Hospitality Expands Portfolio
The firm acquired two Hampton Inn & Suites by Hilton, one in Atlanta and one in Memphis, Tenn. for $63 million.
Kilroy to Add Energy Storage to 6 CA Assets
The company chose Stem Inc. to deploy 7.5 MWh of AI-driven energy storage to four of its office buildings in Los Angeles and two in San Francisco.
Why Investors Impacted by Brexit Should Consider Cyprus
Natasa Pilides, director general of the Cyprus Investment Promotion Agency, spoke to Commercial Property Executive about the organization’s continued efforts to attract investors looking to remain in the E.U. single market.
Terrafina Renegotiates $300M Credit Facility
The new facility extends maturity and includes lower interest rates. Credit amount will be lower, although it could increase.
Economy Watch: Nonresidential Building Planning Slips in January
Despite a decrease in the Dodge Momentum Index for the month, the index is 7.7 percent higher than a year ago, suggesting nonresidential building construction should continue to post gains in 2018.