Regions
Mixed Signals: Will Deal Volume Pick Up in the Second Half?
At the beginning of 2017, many forecasters predicted a robust performance for office investment, even in the face of political and economic uncertainty. Though industry veterans maintain an upbeat outlook, signs for the rest of the year are not all promising.
Excel Snags 200 Keys in DC
The Hyatt Place Washington DC/US Capitol opened three years ago in the city’s burgeoning NoMa neighborhood.
Furniture Distribution Company Inks New Chicago Lease
A team of brokers from NAI Hiffman represented G Furniture Inc. in a new agreement for a space at Sun Gate Park. The company will relocate its Chicago distribution center to Lawndale for better transit infrastructure.
CBRE Scores Retail Assignment at Upcoming Suburban Miami Asset
Giralda Place is a recently topped off mixed-use development located in Coral Gables, Fla., comprising ground-floor retail, Class A office space and 33 luxury residences.
OC Corporate Campus Trades for $443M
The acquisition was financed with more than $100 million in cash and $339 million in loans. The complex consists of planned research-and-development and office space spread across four buildings.
Ridge Breaks Ground on 186 KSF Industrial Asset
Dubbed Ridge Brewster Creek II, the project is slotted for completion by December 2017. Newmark Knight Frank will handle leasing for the development.
JV Buys Into Suburban DC Office Complex
The Pinkard Group and Principal Real Estate Investors joined forces to acquire a 193,000-square-foot Class A office building located within the 94-acre mixed-use Worldgate complex in Herndon, Va.
Co-Working Firm Spaces Coming to Chicago
The Amsterdam-based company has inked a 27,110-square-foot lease in Lincoln Park. This is its first location opened in Chicago and the 14th one in North America.
CBRE Closes Sale of 128 KSF San Diego Industrial Park
A 1031-exchange buyer paid $18 million to acquire Southrail Business Park in Chula Vista, Calif., from Focus Real Estate LP.
Midtown East Rezoning: Not for the Faint-Hearted
The new plans approved by the New York City Council allow the construction of modern office space, reduce challenges for redevelopments and aim at upgrading the area’s transit and pedestrian infrastructure. Still, experts say only sophisticated developers will be able to take advantage of the approved regulations.