Cushman & Wakefield
Westwood Sells Phoenix-Area Retail Center
Tatum Plaza, a retail center shadow-anchored by Fry’s Food & Drugs, traded for $9.5 million. Westwood acquired the property in 2014 and increased the asset’s net operating income by filling the center with high-profile tenants.
Tori Sunderman Climbs the Ladder at C&W
Sunderman is now a senior director in the commercial real estate services firm’s Cincinnati office. Prior to her new role, she was senior associate.
Atlanta’s Stockyards Gains New Tenant
New York-based co-working provider Industrious inked a 19,000-square-foot lease at the 142,500 square-foot adaptive reuse project developed by a joint venture between Federal Capital Partners and Westbridge Partners.
Fountain Place Is Getting a $70M Makeover
Fountain Place will undergo a series of interior improvements throughout the year. Additionally, a 10-story garage will be added to the downtown Dallas office tower. Goddard Investment Group is set to invest $70 million in the process.
Mt. Pleasant Office Building Welcomes Tenant
The newly constructed property will serve as MTAG’s corporate headquarters while the company also maintains its operations in Vienna, Va.
Midwest Industrial Acquires Warehouse, Plans Renovation
The 71,000-square-foot building is located in Huntley, Ill., and is fully leased by a single tenant. The site features an additional 3 acres which can be used for further development.
Long Island Medical Office Portfolio Hits the Market
Cushman & Wakefield is marketing the sale of two medical office buildings located in Great Neck and Manhasset, N.Y. The assets total 70,167 square feet of space and are 88 percent leased to multiple tenants.
SF Shipyard Mixed-Use Development Sets Sail
The San Francisco Shipyard will anchor a wider plan along San Francisco’s southeastern shoreline, which also incorporates Candlestick Park. This will be the Bay Area’s largest commercial development under single ownership.
Atlanta Office Tower Welcomes First Tenant
Bennett Thrasher will lease three floors at the 299,000-square-foot office building. Riverwood 200 is slated for completion in mid-2017.
RNY Property Trust Continues NY-Area Disposition Plan
The REIT selected Cushman & Wakefield to market the sale of its six-building Westchester County portfolio. It most recently sold 555 White Plains Road in Tarrytown, N.Y., marking the company’s third sale in this portfolio, this time to Mack-Cali Realty-owned Robert Martin Co.