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News
JLL Negotiates $41.2M Sale of Stanley Marketplace in Aurora, Colorado
3+ day, 22+ hour ago (225+ words) AURORA, COLO. — JLL Capital Markets has arranged the $41.2 million sale of Stanley Marketplace, a 102,125-square-foot adaptive reuse retail development located in Aurora. Jason Schmidt and Austin Snedden of JLL represented the seller, Westfield Co., in the transaction. Leon McBroom and…...
Spandrel, 7G Group to Add W Hotel as Anchor for Uptown Charlotte Tower Redevelopment
3+ day, 21+ hour ago (170+ words) CHARLOTTE, N.C. — A partnership between Spandrel Development Partners and 7G Group has announced plans to add a 200-room W Hotel to 400 South Tryon, a redevelopment of a 1970s-era office tower in Uptown Charlotte. The new hotel will be situated on the first…...
Faris Lee Brokers $4M Sale of Retail Strip Center in Albuquerque
3+ day, 22+ hour ago (153+ words) ALBUQUERQUE, N.M. — Faris Lee Investments has brokered the $4 million sale of a newly constructed, three-tenant retail strip center located in Albuquerque. The 5,375-square-foot property was fully leased to El Pollo Loco, Jamba and Xfinity at the time of sale. Jeff Conover,…...
Cowboy Space Leases 291,035 SF Industrial Facility in Kent, Washington for Production Site
4+ day, 21+ hour ago (232+ words) KENT, WASH. — Cowboy Space, an aerospace and advanced manufacturing firm, has leased a 291,035-square-foot facility at 7650 S. 228th St. in Kent, a suburb 20 minutes south of Seattle, from CenterPoint. Thad Mallory and Taylor Hoff of Newmark represented the landlord in the…...
Basis Industrial Buys Land in Surprise, Arizona for Development of 707-Unit Self-Storage Facility
4+ day, 21+ hour ago (258+ words) SURPRISE, ARIZ. — Basis Industrial, a privately held and vertically integrated real estate owner and operator based in Delray Beach, Fla., has acquired a land parcel at 17140 W. Waddell Road in Surprise for the development of a self-storage facility. Additionally, Basis…...
Procaccianti, Rugger Capital Acquire 217-Room Charleston Harbor Resort
4+ day, 21+ hour ago (148+ words) MOUNT PLEASANT, S.C. — A joint venture between Procaccianti Cos. and Rugger Capital has acquired Charleston Harbor Resort, a 217-room hotel on Cooper River and Charleston Harbor in Mount Pleasant. The new ownership has tapped TPG Hotels & Resorts to operate the property…...
ErieView Development Closes $218M Financing for W Cleveland Mixed-Use Tower
5+ day, 20+ hour ago (394+ words) CLEVELAND — ErieView Development, an Ohio-based real estate development firm headed by the Kassouf family, has closed on $218 million in financing for the new W Cleveland mixed-use tower in downtown Cleveland. The adaptive reuse project will convert the 40-story Erieview Tower…...
Lincoln Property Co. Sells Two Industrial Buildings at Park303 in Glendale, Arizona for $170.2M
1+ week, 4+ day ago (205+ words) GLENDALE, ARIZ. — Dallas-based Lincoln Property Co. has sold two industrial buildings within Park303 in Glendale. Nuveen Real Estate acquired the assets for $170.2 million. The transaction represents the last of the four buildings sold at Park303, a 210-acre, 3.7 million-square-foot logistics campus located along…...
Lincoln Property Co. Sells Two Industrial Buildings in Glendale, Arizona for $170.2M
1+ week, 4+ day ago (210+ words) GLENDALE, ARIZ. — Lincoln Property Co. has sold the final two industrial buildings at Park303 logistics park in Glendale. Nuveen Real Estate, a leading global investment manager, acquired the assets for $170.2 million. The transaction represents the last of the four buildings sold…...
SVN Chicago Commercial Arranges $25.5M Sale of Industrial Property in Lake Zurich
1+ week, 4+ day ago (300+ words) LAKE ZURICH, ILL. — SVN Chicago Commercial has arranged the $25.5 million sale of a 210,000-square-foot industrial property located at 1275 Ensell Road in Lake Zurich. Paul Cawthon and Angelo Labriola of SVN represented the seller. Lyman Phillips and Jeff Feldman of Golden Lion…...