Regions
Becknell to Expand Cincinnati Presence With 177 KSF Spec Building
CBRE assisted the company with the purchase of a 14-acre industrial site in the city of Fairfield, Ohio. The warehouse is expected to be delivered during the first quarter of 2018.
Philly Investor Nabs Shopping Center in the Metro
The 359,673-square-foot property boasts good exposure and is situated off a major junction in Exton, Penn., only 30 miles from Philadelphia.
Portland Airport Expansion Flies High with Skanska
The international construction firm signed a $151 million contract with the Port of Portland to enlarge and renovate the facility’s Concourse E. The project is part of an overall $1.3 billion, five-year terminal improvement plan for the airport.
Canada REIT Enters CA Market With Office Portfolio Buy
The San Diego portfolio was acquired for $174.5 million and comprises nearly 670,000 square feet of Class A and Class B office space.
Phoenix Investors Expands MI Portfolio With 550 KSF Buy
The company purchased an industrial facility in Flint, Mich., for $3.2 million. The building is a former Delphi assembly plant that will undergo upgrades to house its new tenants.
Sage Realty Takes Control of Manhattan’s 77 Water Street
In April 2018 the building will convert from a triple-net-lease with Goldman Sachs back to a gross lease. The company secured future commitments with several tenants including law firm Lewis Brisbois Bisgaard & Smith LLP and engineering consulting firm Arup.
JLL Secures $96M for Philly Office Buy
In an unusual deal, Taconic Capital Advisors and Cohen Equities consolidated their ownership of a 13-story historic tower in the city’s Market East section.
Branch Buys $110M Grocery-Anchored Retail Portfolio
The portfolio encompasses properties anchored by Publix, Kroger and Whole Foods, totaling 876,153 square feet of space. HFF secured the $110 million seven-year, fixed-rate loan.
Expo Real 2017: The Rise of Logistics
Executives of Prologis, CBRE Global Investors, Allianz Real Estate and other high-profile players kicked off this year’s Expo Real with an in-depth dialogue on the perks and challenges of logistics real estate.
MOL Group’s 400 KSF Budapest Campus Design Unveiled
Architecture firm Foster + Partners designed the new office headquarters for the global oil and gas company. Rising 394 feet above the banks of the Danube, the skyscraper will be the tallest building in Hungary’s capital city.