Regions
Japanese Manufacturer to Build 1 MSF Hub in KC Area
Kubota Tractor Corp. plans to locate its North American distribution hub on 203 acres near the company’s current leased facility in Edgerton, Kan.
Lat Purser to Develop New Charleston-Area Office Buildings
Consolidated Planning will anchor the 14,871-square-foot, two-story development in Mount Pleasant, S.C. Lat Purser expects to complete the project in spring 2018.
Grandbridge Secures $65M Hotel Refi
The permanent, fixed-rate loan was funded through one of Groundbridge’s insurance company correspondents. The hotel is in close proximity to the Boulder Municipal Airport.
IL Retail Property Gets New Owner After 30 Years
The property is located half a mile from one of the largest retail shopping centers in Illinois, Woodfield Mall. The deal closed at $6.3 million.
HFF Brokers Suburban LA Shopping Center Sale
Located in Burbank, the 165,500-square-foot Plaza Del Sol’s unique mix of property types, full tenant roster and desirable ethnic grocery anchor proved a strong draw for investors.
Dermody Snags Seattle-Area Industrial Complex
The firm acquired the three-building property as well as 18 acres on which an additional warehouse will be built. Meridian Campus Corporate Park’s location is considered ideal for expedient distribution to the Northwest’s major population centers.
Seattle Takes Top Spot in ULI-PwC Emerging Trends Report
At the 2017 ULI Fall Meeting in Los Angeles, panelists discussed the new cities that topped the report’s list of the hot markets to watch.
Rising Sea Level and RE: How Serious Is its Impact on CA’s Coastline?
Drawing on a full-service land use and real estate development practice, Cox, Castle & Nicholson Partner Stanley Lamport talked to CPE about the impact of accelerated sea level rise and global warming on California’s real estate industry.
JV Nabs Suburban Boston Office/Flex Campus
The six-building Brookwood Business Center is located in Tewksbury and Billerica, Mass., and previously traded in 2010, when Brookwood Financial Partners acquired it through foreclosure for $15 million.
Hyatt to Open 2nd Germany Hyatt House Location
The company revealed plans for a new Hyatt House hotel in Germany, which is scheduled to open in late 2019. HR Group will manage the 190-key property.