Regions
Economy Watch: Nonresidential Construction Activity Still Brisk
The continued expansion in nonresidential fixed investment signals that growth in business outlays supports the ongoing economic recovery, according to Associated Builders and Contractors.
Queens Industrial Assets Sell for $78M
The joint venture plans to upgrade the buildings in order to capitalize on the growing demand for quality space within the supply-constrained New York market.
Boston-Area Lab Facility Changes Hands
The 40,000-square-foot, single-tenant property in Billerica traded for $6.2 million. The single-story building is fully occupied by biotech company RainDance Technologies.
TIG Names Charles Hazen President
Prior to joining the investment management affiliate of Transwestern, the industry veteran led Stanmore Partners for the past four years. He was previously with Hines Corporate Properties for almost three decades.
Barry Slatt Appoints San Diego SVP
Bringing more than 20 years of industry experience, Thomas Cohen specializes in the placement of debt and the procurement of equity for commercial real estate projects nationwide.
Marcus & Millichap Arranges Sale of Minneapolis Restaurant
The company represented both the seller and the buyer in the transaction. The more than 5,000-square-foot property is located near major employers such as Best Buy, Starbucks, Target and The UPS Store.
CIM Group Closes LA Hotel Sale
The sale comes after the recent disposition of the adjacent 8500 Sunset residential complex.
Historic Baltimore Mixed-Use Asset Changes Hands
Clipper Mill comprises approximately 141,000 square feet of former mill buildings that were converted into Class A apartments, creative office and artisan space.
AY Tapped to Market Northern Virginia MOB Campus
A five-person team specializing in health-care investments is charged with orchestrating the sale of the 119,800-square-foot trophy medical office building.
Sprint to Expand Midwest Footprint With 30 New Stores
The additions will create more than 200 new jobs across Kansas, Missouri, Iowa, Minnesota and Nebraska by quarter four of 2017.