CBRE
CT Office, Distribution Center Changes Hands for $15M
The 260,000-square-foot building in Meriden, Conn., is fully occupied by two companies owned by Sports Direct: Bob’s Stores and Eastern Mountain Sports.
NKF Hires New Senior Managing Director in Tampa
Before joining the firm’s Tampa office, Jack Hoskins served as a senior vice president of CBRE for 16 years. In his new role, he will focus on tenant representation.
Economy Watch: CRE Cap Rates Mostly Stable in 2H 2017
Despite strong global capital inflows into U.S. commercial real estate, CBRE expects higher interest rates and inflation will put pressure on cap rates this year.
Owens Realty Nabs Orlando Office Asset
A CBRE team led by Ron Rogg and Chip Wooten closed the $10.5 million transaction in the city’s Winter Park submarket.
Feil Organization Inks 70 KSF NYC Office Lease
Cornell University will lease space on four floors at 570 Lexington Ave., totaling 15 percent of the building’s total gross leasable area and bringing the asset’s occupancy to 96 percent.
CBRE Global Investors Taps New Senior Managing Director
Scott Spalding will be responsible for business development with financial intermediaries and investment advisors who assist high net worth investors.
JV Launches Phase 1 of SLC Industrial Park
Phase 1 of the SLC Port Global Logistics Center development will consist of 10 buildings totaling more than 7 million square feet of distribution and manufacturing space.
Curvature Inks 42 KSF Charlotte Lease
Joe Franco and Stephanie Spivey of CBRE represented the landlord in the partial lease of the six-story, 152,000-square-foot office building.
Transwestern Hires New SVP
Having arranged more than 500 transactions valued at $167 million, Lisa Bovermann will focus on providing agency leasing services to health-care clients in the Houston MSA.
Equity Office Secures New Tenant at Chicago Office Building
Gartner Inc. will be moving its Midwest operations to one of Equity’s River North Point’s assets in order to accommodate its business expansion.