CBRE
Colony Industrial Nabs $52M San Antonio Asset
The industrial platform of global real estate firm Colony NorthStar has purchased Enterprise Industrial Park, marking its first-ever deal in the market.
JBG Sells VA Office Property for $95M
Summit comprises two buildings totaling more than 290,000 square feet in Reston. The firm also closed the sale of the land and temporary construction easements associated with the site for $2.2 million.
Economy Watch: Cold-Storage Space Faces Paradigm Shift
As online grocery sales eat up market share of overall sales in the sector, more than 35 million square feet of U.S. cold-storage space will shift from retail stores to warehouses and distribution centers, according to a new CBRE report.
Boston Office Complex Welcomes New Tenant
Salsify Inc. announced its relocation from 3 Center Plaza to Rockpoint Group’s two-building 75-101 Federal St. property to accommodate its growth.
Fixed vs. Floating: Let the Math Decide
As interest rates continue to rise, it’s important to take an analytical look at your cost of capital, observes Brandon Smith, vice president of CBRE’s Multifamily Debt and Structured Finance group.
CT Realty Trades $75M SoCal Industrial Portfolio
The company sold several assets in both Poway and Azusa, Calif., totaling more than 520,000 square feet, with the help of CBRE, Colliers International and Kidder Matthews.
CBRE Promotes New South Florida Managing Directors
In their new roles, Scott Correale and Patty Nooney will focus on supervising CBRE’s regional operations, working under Arden Karson’s supervision.
CBRE Miami Taps Retail Expert for Transaction Services
Drew Schaul will return to the firm, specialize in both landlord and tenant representation, following a seven-year stint establishing and leading Robert Futterman & Associates Miami operations.
Cushman & Wakefield Appoints New Executive in Manhattan
Barry Finkelman, who brings nearly 15 years of commercial real estate experience to the team, previously served as senior vice president at CBRE.
NoVa Office Complex Lands Two Leases of 60 KSF
The four-building, Class A office ensemble traded last September for $53.5 million. Worldgate Metro Plaza will soon undergo $10 million of capital improvements.