CBRE
NJ Shopping Center Changes Hands
The Hampshire Cos. sold Towne Shopping Center, a retail center anchored by ShopRite. The firm acquired the property in 2012, increasing its net operating income by creating a stabilized tenant roster.
Barnett Capital Sells 2 MSF Industrial Portfolio
Located predominantly in the Midwest, the properties netted Barnett Capital $84 million, a tidy sum for snapping up assets in the Chicago area, the company’s target market.
Colliers Appoints New Senior Managing Director
With nearly three decades of real estate experience, Thomas Shirock will focus on strengthening the New York Tri-State Consulting Group’s business lines.
Portland Historic Office Buildings Change Hands
NBP Capital acquired the Blagen Block and the New Market Theater in Portland’s CBD. The two buildings are among the few remaining Victorian Italianate buildings in the city.
The Houston CRE Market in Hurricane Harvey’s Aftermath
The metro’s office market emerged mostly unscathed following the Category 4 storm, while the retail, industrial and hotel industries were affected in certain areas. The flooding did the most damage on residential properties, according to a CBRE report.
Valencia Gateway V Ready for Lease
Gateway V totals 255,000 square feet and is part of a large industrial master-planned project. The property offers easy access to Interstate 5.
CBRE Closes $28M Sale of SC Office Tower
The seller invested in a $2 million improvement program including an upgraded 24-hour fitness center, common areas and renovated tenant spaces.
JV Secures $73M for NYC Redevelopment
APF Properties and Drake Street Partners tapped CBRE to arrange acquisition and redevelopment financing for 163 Varick St. in Manhattan.
Oculus Health Moves HQ to North Dallas
The patient care concierge company leased more than 25,000 square feet at Las Colinas Corporate Center in Irving, Texas. The firm will continue to operate from its existing Portsmouth, N.H., office as well.
AQUILA Completes Lease Renewal at Austin Office Campus
Bethany Perez, Chad Barrett and Bart Matheney of AQUILA represented the landlord, while CBRE’s Nate Stricklen, Erin Morales and Kellly Woodruff worked on behalf of the tenant in the lease negotiations.