CBRE
The Changing Face of NYC Self Storage
CBRE’s Kenneth Herman and Christian Sonne discussed the possible changes and challenges the New York City self-storage market will face because of the recently adopted zoning regulations.
Liberty Property Trust Sells Office Building at Philly Navy Yard
The $130.5 million acquisition of a building that’s fully leased to pharma giant GlaxoSmithKline marks the second major purchase for Korea Investment Management in Philadelphia.
JLL Hires New SVP in Austin
Ace Schlameus will be responsible for providing solutions for capital decisions, while also addressing inefficiencies and assist with setting rental rates.
Gramercy Sells SC Industrial Facility
Newton Way Industrial Center in Summerville comprises 451,370 square feet and was purchased by a user for occupancy. HFF facilitated the sale on behalf of the seller.
Empire Distribution to Relocate Atlanta HQ
The suburban industrial asset—which contains more than 600,000 square feet of distribution and office space—is expected to come online by the end of the year.
Conor Commercial Breaks Ground on Bay Area Project
The developer expects the nearly 815,000-square-foot industrial property to be complete in the second quarter of 2019. CBRE is marketing the space for lease.
Titan Capital Lets Go of Ohio Office Building
A team of brokers from CBRE and NKF represented the owner of the 23-story property, the fourth largest building in Dayton, in the transaction.
Starwood Property Trust Sells Broward County Asset
A CBRE team represented the seller in the transaction, while Transamerica Life Insurance Co. provided acquisition financing on behalf of the buyer/borrower.
CBRE Arranges $33M in Financing for Hyatt Hotel
Phoenix Development Partners used the loan to acquire and renovate the 301-key property located in Deerfield, Ill., off the interchange between interstates 94 and 294.
CBRE Hires New Managing Director
With more than 30 years of industry experience, Jim Gray joins the company from GrayPointe Capital, where he served as president.