CBRE
Atlanta Industrial Boom Continues to Accelerate
As demand outpaced new deliveries in 2017, Atlanta’s industrial market set a new annual record for absorption, according to CBRE’s latest industrial and logistics quarterly report.
McLane Global Renews, Expands Houston Logistics Lease
The tenant will occupy an entire building within Interstate Commerce Center, a master-planned office and logistics park with direct frontage along Interstate 45.
Marriott Recapitalizes Aruba Property
The proceeds of the $195 million mortgage on the 414-key resort and casino financed the buy-out of some of the property’s partners.
Brookfield Sells SoCal Office Asset
Atlantic Pearl Investments purchased the Class A, 78,000-square-foot Long Beach property. CBRE negotiated the deal on behalf of the seller.
Hall Capital Snags $36M SC Office Asset
CBRE represented the seller, a partnership between Trinity Capital Advisors and Durlach Associates, in the disposition of Faber Plaza, a five-story Class A office building in Charleston.
4,000-Key Resort Planned for Dormant Vegas Site
The 25-acre parcel that has been home to the remnants of the unfinished and ill-fated Fontainebleau casino hotel project for nearly a decade will finally come to life as The Drew Las Vegas.
Baker Botts to Lease 103 KSF in DC’s Anthem Row
The law firm has signed a 17-year lease at 700 K St. at Anthem Row, Meridian Group’s four-building redevelopment project in Washington, D.C.’s East End.
CCP Lands 202 KSF Charleston-Area Industrial Asset
CBRE Capital Markets brokered the sale of Foxbank Industrial Park on behalf of the seller, JL Woode. Located in Moncks Corner, S.C., the property is home to Sea Fox Boats.
MCA Signs New Tenant, Sells 6 in Vegas
The company sold five buildings from Lamb Technology Center with a significant profit, and an additional industrial property was disposed of after the tenant defaulted on its contract.
Spanish Conglomerate Buys $58M Miami Beach Hotel
Paul Weimer and Christian Charre of CBRE Hotels represented seller Rockwood Capital in the disposition of the recently refurbished art-deco property.