CBRE
LA Hotel Redevelopment Lands $51M Financing
HFF worked on behalf of Oceans V to obtain the construction loan, which will help transform a vacant office building into a 180-key Cambria Hotel & Suites.
Clarion Partners Inks 51 KSF Lease at DC Mixed-Use
Cushman & Wakefield represented the owner in its lease negotiations with coworking firm AdvantEdge Workspaces, which will occupy space at Chevy Chase Pavilion.
Howard Hughes Corp. Wraps Up 2nd Vegas Mid-Rise
Law firm Greenberg Traurig has already leased 16,000 square feet at the six-story property, with another tenant slated to move in this month.
COPT Builds 2 Data Centers in Prince William County’s Opportunity Zone
The REIT will develop two new facilities in Innovation Park, one of the leading data center locations in the nation, taking advantage of the area’s strong infrastructure.
CA Retail Center Sells for $45M
The 233,892-square-foot shopping center is located along Pacific Coast Highway in Marina, Calif. The buyer was a private investor based in Southern California.
Avison Young Boston Adds New Principal
Industry veteran Bill Crean will focus on office tenant and landlord representation. He most recently served CBRE\New England as senior vice president.
Commonwealth Commercial Hires Managing Director
Working from the company’s new Houston office, William Fehmer will oversee property portfolios, acquisitions and dispositions, as well as development strategies and third-party property services.
Cushman & Wakefield to Acquire QSI
The firm’s facility management capabilities and coverage across North America are expected to strengthen with the addition of 50,000-plus qualified suppliers and more than 75 facilities trades.
KCP Acquisition Picks Up Kansas City-Area Office Asset
Potential buyers of the Northland Innovation Campus were drawn to the building’s stabilized cash flow and steady tenant roster.
Broe Real Estate Sells Metro DC Medical Pavilion
The 18-year-old property is situated in the city of Rockville, Md., and in the four years that the firm owned it, the building’s occupancy went from zero to 72.5 percent.