Avison Young
Economy Watch: Real Estate Investment Off in First Half of 2017
Industrial was the only sector that saw an increase in total investment volume in the first six months of the year, Avison Young recently reported.
JLL Facilitates Sale of Rail-Served Property in Houston
JLL represented the buyer, a Houston-based supplier of multiple types of plastic resins. The property will serve as the supplier’s company’s global manufacturing and distribution center.
Meridian Buys AZ Medical Center for $5M
The historic Lois Grunow Memorial Clinic in Phoenix traded for $5 million in a deal brokered by Avison Young. Meridian plans to re-tenant the property and make it ADA-compliant.
AY Adds Tenant to Raleigh Office Development
The four-story Wade IV will receive LEED Gold certification upon completion in early October and is part of a mixed-use campus dubbed the Offices at Wade.
Renovated NJ Office Asset Lands New Tenants
Fusion Telecommunications International and Acuative inked two leases totaling 22,000 square feet of office space at the Highpoint Corporate Center in Fairfield, N.J.
Crystal Ball: Executives Size Up CRE Predictions
Forecasting market trends is a universal—and vital—exercise in commercial real estate, and throughout the decades, industry leaders have often provided smart predictions that have enabled their companies to capitalize on changing conditions and steer clear of hazards, as well.
Avison Young Brokers Tampa-Area Office Sale
Principals David Duckworth, Tim Callahan, John Crotty and Michael Fay, who is also managing director of the firm’s Miami operations, represented the seller in the transaction.
Economy Watch: U.S. Suburban Office Markets Rebounding
Walkable, transit-oriented and amenity-rich office spaces in suburban markets are becoming increasingly in-demand by tenants, according to Avison Young’s mid-year office report. Landlords are responding by retrofitting and updating their properties.
AY to Oversee Sale of Major NC Master-Planned Community
The previous ownership had invested more than $100 million in improvements, including infrastructure such as roads, water, sewer, power, natural gas and fiber-optic service.
Tavistock Plans 155 KSF Office Building in Orlando
The six-story tower will sprout up at Lake Nona Town Center within the Lake Nona master-planned community, bringing the developer’s local pipeline to more than 1 million square feet.