Colliers International
Pine Forest Properties Sells Bellevue Office Park for $28M
RBT Investments LLC is the new owner of I-90 Corporate Campus, two buildings situated along the Interstate 90 corridor.
Ackerman & Co. Acquires 4-Building Industrial Portfolio in GA
The properties, which sold for $9.8 million, are all located on Warren Drive within the Northeast industrial market. Colliers International represented the seller in the transaction.
Transwestern Negotiates 112 KSF Leases in FL
The firm’s South Florida team represented the landlord in leasing Class A industrial spaces to four different tenants at Seneca Industrial Park in Broward County.
Parmenter Realty Sells Buckhead Tower in Atlanta
A new owner has emerged for the 348,000-square-foot Class A property. HFF brokered the transaction, representing the seller and arranging acquisition financing for the buyer through MetLife Real Estate.
HSA, Clarion Partners Break Ground on 758 KSF Chicago Warehouse
The partners will develop the state-of-the-art facility in Shorewood, Ill., at the Heartland Corporate Center along the I-55 corridor, where demand for industrial space remains strong.
L’Oréal Inks 240 KSF Lease in Southern California
Co-developers Majestic Realty Co. and Tejon Ranch Co. secured a commitment from the beauty company to house the distribution operations of its SalonCentric subsidiary.
Missner Group Breaks Ground on Illinois Industrial Project
The 173,000-square-foot 88 Orchard in Aurora will be located on a 9.7-acre site and will feature 32-foot clear heights and a 12-trailer parking lot. Construction is scheduled for completion by spring 2019.
CRE’s Technology Progress Report
A wide-ranging survey by Building Engines and BOMA International takes stock of the industry’s varied responses to the digital age.
City Office REIT Expands in Metro Phoenix
The Quad, a 1982-vintage asset in Scottsdale, was recently redeveloped as a creative office campus. The property sold for $51 million.
Industry Faces Shortening Runway in 2018
The U.S. economy is showing few signs of deceleration, creating a matrix of growth opportunities across markets and property types. But for all its strengths, the real estate industry still faces its fair share of headwinds, as the post-recession recovery borders on a decade.