Regions
Kimco Buys $132M Portland Shopping Center
The purchase of the 746,000-square-foot Jantzen Beach Center fits the REIT’s strategy of upgrading its portfolio with key purchases.
RAF Kicks Off $110M in Spec Industrial Projects
The buildings will include creative features such as outdoor amenity areas, extensive glass for natural lighting and an overall higher percentage of office space compared to traditional industrial facilities. Delivery is expected in 2018.
Hard Rock Unveils $2.3B European Resort Plans
Set to be one of the largest such destinations on the continent, the development will house a combination of hotel, convention, entertainment, dining and shopping areas across eight million square feet.
Indianapolis Industrial Portfolio Changes Hands
The two multi-tenant, fully leased assets totaling 480,000 square feet traded with help from Avison Young’s National Industrial Capital Markets Group.
Terreno Expands Seattle Portfolio
The company purchased a 13,000-square-foot industrial building, near Seattle’s Port and SoDo district, for a total acquisition cost of $4 million.
Abandoned Power Plant Turns Into Solar Farm
The abandoned Phipps Bend Nuclear Power Plant is now producing CO2-free electricity thanks to a newly built 1-megawatt solar farm.
MCA Realty Completes Sale of 88 KSF Retail Project
The company has sold the final building in the Brookhollow Freeway Showroom Center in Santa Ana, Calif., a 13,072 square-foot retail showroom currently occupied by Wine Exchange.
JLL Strengthens OC Industrial Expertise
Wade Tift, Nick Carey and Byron Foss have joined the firm from Newmark Knight Frank as executive vice presidents, focused on tenant and landlord representation.
ManpowerGroup’s World HQ Commands $67M
The property marks the first LEED certified building in Milwaukee, as well as Bentall Kennedy’s initial single tenant office investment, in partnership with Warba Bank, in the U.S.
Poll: Next Hot Markets?
CPE has a new poll! We want to know what factor you think will have the greatest influence on determining the next “hot markets.”