Regions
Westbrook Buys DC-Area Office for $72M
Two Liberty Center was constructed in 2007 and is a 178,700-square-foot Class A office building that is LEED Silver certified.
Amazon Unveils New Baltimore Fulfillment Center
Tradepoint Atlantic, the 3,100-acre Sparrows Point development, will be home to the retail giant’s 855,000-square-foot distribution facility, which is slated to open in 2019.
NJ Shopping Center Receives $17M Financing
HFF secured the five-year, fixed-rate loan, which is accompanied by a $3.4 million construction line that will be used to fund capital and tenant improvements, as well as leasing commissions.
ShopOne Enters CA Retail Market
The company acquired McKinley Crossroads, a 202,134-square-foot retail center in Corona, Calif. Plans include the renovation of the center.
Baltimore’s Stadium Square Lands 35 KSF Co-Working Space
Amsterdam-based company Spaces will join Janney Montgomery Scott, a national financial services company, which recently moved into the project’s first office building.
Economy Watch: Nonresidential Planning Ticks Up in October
The increase nearly reversed the erosion of the past four months, with October posting healthy gains in both commercial and institutional project planning, according to Dodge Data & Analytics.
Inland Empire Retail Center Sells for $32M
Cushman & Wakefield brokered the sale of Upland Town Square, a 100,350-square-foot retail center. The property was approximately 88 percent leased at the time of the acquisition.
JV to Develop 802 KSF Distribution Facility in Ohio
PCCP and The Pizzuti Cos. intend to build a speculative industrial building in Columbus. Rickenbacker West I is anticipated to be completed by the summer of 2018.
Apollo Commercial Provides $250M for Manhattan Office Project
The finance REIT’s loan is part of the $479 million construction financing package backing Cove Property Group’s Hudson Commons, a 700,000-square-foot office redevelopment and repositioning endeavor in the Hudson Yards/Penn Station submarket.
Cushman & Wakefield Names CIO
Holding degrees from Northwestern University and Cornell, Melanie Kirkwood Ruiz has previously worked for Scientific Games, United Airlines, Abbott and Johnson & Johnson.