CBRE
Metro Miami Distribution Facility Trades for $38M
ASB Capital Management has purchased the 221,542-square-foot asset in Fort Lauderdale. CBRE assisted the seller, Bridge Development Partners, in the transaction.
Lodging Market Headed for a Brief Slowdown
Hospitality demand is expected to drop in 2020 and 2021, mirroring a decline in economic growth, but numbers will go on the upswing again in 2022, according to a CBRE Hotels report.
Trammell Crow Breaks Ground on 3 SoCal Facilities
The company teamed up with Clarion Partners to develop the next phase of The Center at Needham Ranch, a Class A property in northern Los Angeles County totaling more than 400,000 square feet.
Invesco to Anchor 606 KSF Upcoming Atlanta Development
The firm will nearly double its presence in the metro, adding 500 jobs across nearly half of MetLife’s Class A mixed-use project.
Spaces Adds New FL Location
The flexible space provider took up 51,000 square feet on Lincoln Road, Miami Beach’s most famous shopping and dining promenade.
Trammell Crow Signs Law Firm for California Office Project
Rutan & Tucker will move into The Boardwalk, a 550,000-square-foot Class A project that the company owns in Irvine, Calif.
Vanderbilt Pays $40M for West Palm Beach Asset
Emerald View at Vista Center is a recently renovated, 139,471-square-foot office property and part of a 500-acre, master-planned business park.
CBRE Hires VP of Leasing in Atlanta
Adam Butler, a 12-year veteran of health-care real estate, will represent tenants, owners and operators in the metro’s medical office market.
RECon Buzzes With Retail Technology Trends
From augmented reality to the latest in analytics, ICSC’s Las Vegas event highlighted the tech tools that aim to enhance brick-and-mortar retail.
NorthPoint to Build 2 New Warehouses in Ohio
The company started Phase II of the West Chester Trade Center industrial park in Ohio, with plans to add 581,000 square feet of space during the next several months.