Transwestern
Mesirow Financial Grows Executive Team
Zach Fox will serve as vice president, joining the firm’s sale-leaseback capital group team. He will be in charge of new business development and client management.
Trade Wars Are No Obstacle to Industrial Sector—Yet
Nationwide, year-over-year rent growth hit 7.3 percent in the third quarter, according to a new report from Transwestern. A handful of the hottest industrial markets are doing even better.
Crystal City’s Courting of Amazon’s HQ2
The Northern Virginia locale would see a boon to its office and retail real estate markets should the e-commerce leader’s multibillion-dollar second headquarters come to town.
Transwestern Brokers Sale of 150 KSF FL Retail Asset
The Orlando Class A shopping center spans 15 acres and is shadow-anchored by Walmart and Lowe’s Home Improvement Store.
Douglas Development Buys $12M MD Office Property
Transwestern represented the seller in its disposition of 116 Defense Highway, an 81,931-square-foot building that was 70 percent leased at the time of sale.
Hiring Trends Buoy Suburban Rent Growth
Transwestern’s Jim Cardellicchio offers his perspective on why office and industrial properties outside of urban hubs are becoming increasingly attractive to investors and lenders.
Sterling Realty Acquires Seattle Office Asset for $38M
Redmond Technology Center was 93 percent occupied at the time of sale. The building is LEED certified to the Gold level and features floorplates of 34,000 square feet.
CBRE Brokers HQ Relocation for Jostens
Brian Fogelberg and Mark McCary directed the lease on behalf of the tenant. The new office spans across three floors at Minnesota Center.
Brick-and-Mortar Gets a Break
A landmark Supreme Court ruling is good news, particularly for smaller and emerging retail property operators, says Transwestern’s Crystal Allen.
Health-Care Co. Renews 48 KSF Lease in Houston
Health Care Service Corp. is a long-term tenant at the Uptown Galleria building, which is the first existing office high-rise in Texas to receive LEED Silver certification.