Regions
CBRE to Acquire Heery International
The company is buying the project management solutions provider from Balfour Beatty LLC for $57 million. Heery President Theodore Sak and COO Glenn Jardine will remain on board when the deal closes later this year.
Coastal Ridge Enters TN Market With $57M Acquisition
In a partnership with H. Katz Capital, the company purchased The Preserve at Forest Creek, a 414-unit community in Memphis. Blackstone subsidiary LivCor sold the asset.
Celebrating 30: TRIA’s Impact
We’re celebrating our 30th anniversary by highlighting some of the most significant events in commercial real estate’s history. This week: TRIA’s impact on the real estate industry. Stay tuned for our weekly posts and follow along with us using the hashtag #CPETurns30.
CBRE to Lease Memphis Office Park
The new owner acquired the campus in September and selected CBRE’s Ronald Kastner and Patrick Reilly to lead marketing efforts at the property.
JV Inks 81 KSF Lease for Upcoming DC Trophy Office Building
Morrison & Foerster signed an 81,300-square-foot lease at a planned 190,000-square-foot office building, bringing its occupancy level to 45 percent.
Walter & Samuels Adds New EVP
Mark Jaccom will serve as the firm’s executive vice president & director of leasing and brokerage, bringing more than 40 years of experience in corporate leasing and real estate advisory services.
Jacobs Tapped for Sydney Hospital Redevelopment
The company was chosen as the lead architect for the $270 million redevelopment of Sydney’s Concord Hospital. The project involves the development of Australia’s first comprehensive care center for retired service members.
Economy Watch: NYC Tops List of Amazon HQ2 Favorites
The city best fits Amazon’s public criteria for the selection prize, according to Anderson Economic Group’s recent AEG HQ2 Index. The retail giant emphasized its desire to be in a city with more than 1 million people and a stable business environment, to name a few.
Columbus Office Tower Lands a $30M Loan
Citizens Bank provided the loan to HEARN and CrossHarbor Capital Partners, the property owners. The money will be used for future capital projects and leasing costs.
Layher Acquires Baltimore Facility
The transaction closed at $2.5 million. The company plans to relocate its northeast region office to the new property by the end of the year.