Colliers International
What’s in Store for the Big-Box Market?
Acquisition yields held steady at 5.7 percent last year, with many of the core regions posting cap rates at or near 5 percent, according to the latest Colliers International outlook.
Detroit Gets in Gear As Tech Drives Auto Sector
Colliers International Senior Vice President Patrich Jett shares his views on the operational needs and real estate considerations of the automotive industry, as well as Detroit’s position in the sector.
Somerset Buys Former Chicago-Area AT&T Campus
Together with partner Triangle Capital Group, the company will transform the 150-acre property in Hoffman Estates into a self-contained urban core following its unique ‘Metroburb’ concept.
WAFUSA Logistics Relocates, Triples MI Space
Colliers International’s Tim Van Noord brokered the lease, which represents the tenant’s third expansion in Grand Rapids since its 2013 launch.
Berengaria, Africk Family Purchase MO Retail Center
The Shoppes at North Village in St. Joseph marks the third asset the two groups bought together. The retail center is shadow-anchored by Target, Wal-Mart, Sam’s Club and Home Depot.
CBRE Columbus Appoints Company’s Youngest VP
Molly Leach specializes in health-care, dental and office properties. She represents clients such as Mount Carmel Health System, Central Ohio Primary Care and independent practices within the central Ohio market.
TN Industrial Distribution Facility Trades for $24M
Superior 3rd Party Logistics Inc. already inked a 237,000-square-foot lease at the Couchville Pike Business Center I in Mt. Juliet with the new owner, a Fortress Investment Group-lead joint venture.
Opus Welcomes First Tenants to KS Industrial Facility
Gateway Classic Cars and Lanter Delivery Systems Inc. leased a total of 85,000 square feet at the recently completed 56 Commerce Center.
NAI Northern California Grows San Jose Office
Tod Rudee, who has almost 30 years of real estate experience, will serve as vice president. He previously held executive positions at CBRE, Colliers International and Premier Properties.
CBRE Adds New SVP in Austin
Marc Vanderslice has more than 18 years of commercial real estate experience in Austin. He will manage the company’s Office Occupier Services platform.