CBRE
Monarch Investments Signs 40 KSF Nashville-Area Lease
The new tenant, a discount fashion retailer, plans to open its first central Tennessee location in the space during the second quarter of 2018.
NKF Appoints Market Leader in Phoenix
Mike Garlick is now in charge of the Phoenix office’s overall strategy. He holds over two decades of experience in commercial real estate and has a good connection with the Phoenix brokerage community.
Preiss Acquires 1,180-Bed Student Housing Portfolio
The portfolio includes two properties serving the University of North Carolina, Charlotte. The acquisition was funded with a 10-year mortgage.
DRA Advisors Sells Metro Atlanta Office Park
CBRE brokered the transaction and will retain leasing and management of the 1.2 million-square-foot asset, which includes 21 mid- and low-rise buildings along the I-85 corridor in Chamblee, Ga.
HFF Boston Appoints New Senior Director
Kerry Hawkins has 18 years of experience in commercial real estate. At HFF, Hawkins will specialize in the repositioning and marketing of underperforming office assets.
CBRE Lands Management of South FL Office
The office building, containing 100,000 square feet across two stories, was acquired by Fox Ridge Capital in December last year.
DAUM Arranges Sale of OC Industrial Facility
The company arranged the $32.6 million sale of a newly built, 181,069-square-foot asset on behalf of the buyer, Independent Trading Co.
Life Sciences Remodel 2018 CRE Landscape
Strong demand drivers, rapid technological advances and plentiful capital stimulate growth in the life sciences sector, according to CBRE’s latest 2018 outlook. But the downsides of swift growth often defy expectations.
OMP Signs Torani to 327 KSF in Bay Area
The 15-year lease, valued at $65 million, will lead to the company’s relocation out of South San Francisco into a new manufacturing facility.
Art Basel Boosts Miami Hospitality
Founded in 1970 in Switzerland, the Modern and contemporary art fair landed in South Florida in 2002. It has improved hospitality demand, CBRE research shows, with unprecedented increases recorded in December 2017.