Regions
Detroit Northern Suburb Retail Asset Changes Hands
A California-based investor acquired the Southfield, Mich., property from SRC Holdings LLC. Steven Silverman of Friedman Integrated Real Estate Solutions brokered the sale on behalf of both the seller and the buyer.
Apolloware Software to Enhance Solar Installations
Texas-based Bandera Electric Cooperative (BEC) developed the cloud-based Apolloware software solution to help its commercial and residential members monitor solar and energy storage installations in real time.
Barrister Renews San Diego Master Lease
The executive suites provider occupies more than 18,500 square feet of office space in The Torrey Reserve’s third building. American Assets Trust owns and manages the four-building office campus.
Manhattan Trophy Building Welcomes New Tenants
William Kaufman Org. signed three leases totaling 35,682 square feet at 437 Madison Ave., with Munich American Reassurance Co., Eos Management LP and Montgomery McCracken Walker & Rhoads LLP.
Economy Watch: Americans Earn More, Spend More in April
The month’s increase in personal income was mainly because of a boost in private wages and salaries, the BEA reported. This bodes well for the wider economy, and potentially for retail sales.
Extended-Stay Home2 Suites Opens in Chicago Area
Located within a few miles from most corporate offices in Schaumburg’s business district, the 107-key hotel incorporates a variety of tech- and eco-conscious amenities.
Velocity Appoints CFO
Mark Szczepaniak brings 30 years of industry experience to the position, having held various senior financial services roles with both public and privately held finance companies.
New World Development Unveils Hong Kong Mixed-Use Project
The $2.6 billion development will feature Class A office space, a luxury Rosewood Hotel and Rosewood Residences. Kohn Perdersen Fox and James Corner Field Operations are in charge of the project’s design.
Apple Opens First Singapore Flagship Store
Foster + Partners paired up with the design team at Apple led by Chief Design Officer Jonathan Ive and Vice President of Retail and Online Stores Angela Ahrendts.
LWP Grabs Suburban Seattle Office Asset
Lake Washington Partners expanded its local footprint with the $46.5 million acquisition of Commons 90, a property previously owned by a Clarion Partners joint venture.