JLL
CBIZ Signs Indianapolis Office Lease
Rubenstein Partners and SCP plan to invest $20 million in improvements at the PARC, a full-service tenant amenity center opened in 2018.
Downtown DC Office Sells for $70M
Credit Suisse purchased the 134,964-square-foot building for twice the price it traded for in 2003. JLL advised the seller in the deal.
Central Florida Retail Center Commands $40M
Columbus Pacific purchased the roughly 400,000-square-foot regional retail center in Ocala. JLL assisted the seller in the disposition.
WeWork Signs 362 KSF Manhattan Lease
The coworking giant will occupy the second to the 12th stories, along with part of the 14th floor, at the 850,000-square-foot 437 Madison Avenue.
Orlando-Area Industrial Park Sells for Record Price
JLL represented WGCC Properties LLC in the disposition of the Class A, 140,929-square-foot asset to KKR.
Pennsylvania Distribution Center Commands $43M
Black Creek Group acquired the 456,810-square-foot asset in Shiremanstown. JLL assisted the seller in the disposition.
ACORE Capital Provides $182M Refi for DC’s Portals III
The owner of the mixed-use property will use the loan to refinance an existing loan, lease up available spaces and fund capital improvements.
Normandy Sells DC Office Building for $105M
The seller had purchased the I.M. Pei-designed property out of foreclosure a little more than a year ago.
Navistar’s $250M Industrial Project in San Antonio
The commercial trucks and buses manufacturer, which has already received a grant from the state of Texas for the project, expects to break ground on the new development later this year.
Lights Out: Preparing for Power Disruptions
Power outages pose a constant risk of disruption, but technology offers new strategies for reducing the impact.