CBRE
Bixby Continues Western Industrial Expansion in Seattle
The 55,660-square-foot asset dating back to 2004 is located south of downtown Seattle, with Cummins Inc. as its sole tenant.
Blackstone Snags Industrial Portfolio for $1.8B
With the closing of the transaction, Blackstone Real Estate Income Trust has added 22 million square feet of last-mile infill warehouse and distribution facilities to its holdings.
Trammell Crow Completes Oregon Corporate Park
The company has teamed up with Principal Real Estate Investors to deliver the first LEED-certified speculative industrial development since 2012.
Marijuana Laws Slowly Impact Industrial CRE
As more and more states legalize the medical and/or recreational use of marijuana, demand for cultivation/grow facilities is on the rise, spurring the repurposing of distribution and warehouse properties to accommodate the budding business.
Levin Management Taps Controller
In her new role, Lai Lau will assist Paul Tavaglione, the firm’s vice president & CFO, with financial reporting and a variety of other functions.
Miami Retail Project Lands $35M Construction Loan
BLVD at Lenox is expected to become South Beach’s first commercial LEED Gold certified property, with a delivery date estimated for early 2019.
Perry Commercial to Break Ground on SLC-Area Office Project
Construction of Traverse Ridge Center III is set to begin next month, with completion scheduled for the summer of 2019. CBRE will be in charge of leasing.
Nestlé to Occupy 258 KSF at Miami Logistics Park
Landlord L&B Realty Advisors landed a new lease, with Nestlé Waters North America, for an entire Class A building within the master-planned Airport North Logistics Park.
CBRE Arranges 199 KSF Plano Office Property Trade
With the assistance of the commercial real estate services firm, Alexander & Baldwin sold the suburban Dallas complex at 1800 & 1820 Preston Park to Libitzky Property Cos. and Sunwest Real Estate Group.
Staybridge Suites Changes Hands in North Dallas
Granitepark-Parkwood LLC sold a 101-key hotel in Plano, Texas, to Ascend Growth Partners. CBRE negotiated the deal on behalf of the seller.