CBRE
Preferred Apartment Communities Nabs Charlotte-Area Retail Asset
The company used an $18.5 million loan from Nationwide to finance the acquisition. CBRE facilitated the sale of Brawley Commons on behalf of the seller.
NAI Partners Hires New VP in Texas
Commuting between the company’s San Antonio and Austin offices, veteran commercial real estate professional Joe DeCola will provide sales coaching and management to junior-level producers.
Voya Inks 57 KSF Lease at GA Office Campus
Superior Essex, a global manufacturer of wire and cable products, will be relocating to The Pavilion in Sandy Springs. JLL facilitated the lease on behalf of the landlord.
CBRE Closes Northwest FL Office Lease
The new-to-market tenant agreed to occupy roughly 50 percent of the second floor at Tyndall Federal Credit Union’s Operations Center in Panama City, bringing roughly 100 jobs to the market.
OH Distribution Center Changes Hands for $40M
Broadstone Net Lease Inc. has acquired the roughly 211,000-square-foot facility, which recently underwent an expansion and is fully leased to a frozen, refrigerated and dry foods distributor.
CBRE Arranges Sale of OC Office Building
Located at 17791 Fitch Ave., the two-story research and development property comprises 15,405 square feet, 10 percent of which is warehouse space.
Durst Inks 2 New Leases at Manhattan Office Tower
Law firm Perkins Coie and exchange Deutsche Borse have between them signed leases for a total of 70,000 square feet at 1155 Avenue of the Americas.
Goldstar Group Acquires Baltimore Industrial Facility
The property at 1821 Portal St. comprises 86,234 square feet and is 100 percent leased to Johns Hopkins Bayview Medical Center and Bacchus Imports.
CBRE Brokers $11M CA Industrial Sale
A local investor acquired the 4.9-acre site that features a mix of industrial and office space. The brokerage company represented both the seller and buyer in the transaction.
How Would Privatizing GSEs Affect the Multifamily Market?
CBRE Vice President Brandon Smith discusses the complexities of ending the government’s conservatorship of Fannie Mae and Freddie Mac, thus reducing their roles in the housing market.