Posted on 1/19/21
Miami-based Group Acquires Houston Fulfillment Center
JLL Capital Markets closed the sale of the industrial facility and arranged acquisition financing for the new ownerJLL Capital Markets announced today that it has closed . . .
Posted on 1/19/21
Novan Provides Enrollment Update and Announces New Corporate Headquarters
MORRISVILLE, N.C., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Novan, Inc. (Nasdaq: NOVN), today provided an update that enrollment for its B-SIMPLE4 pivotal Phase 3 study evaluating . . .
Posted on 1/19/21
Newmark Announces ILC Dover’s Lease of Entire Top Floor at Tower at STAR
Newmark announces a new headquarters lease to ILC Dover–a globally recognized flexible containment solutions company–for the entire top floor (10,000 square feet)at the Tower at STAR, . . .
Posted on 1/19/21
$49.83 Million Apartment Community in Fullerton Sold by The Mogharebi Group
FULLERTON, Calif.--(BUSINESS WIRE)--The Mogharebi Group, (“TMG”) has completed the sale of Portico Villas, a 128-unit community that is located in Fullerton, California. The property sold with . . .
Posted on 1/19/21
Investor Demand is Strong for Dallas-Fort Worth Industrial Assets
JLL Capital Markets closed the sale of and leased the Class A industrial warehouse in suburban DallasJLL announced today that it has closed the sale of . . .
Posted on 1/19/21
Transwestern Arranges Full-Floor Sublease For Decisely Insurance Services In Metro Atlanta
Transwestern Real Estate Services (TRS) announces its Atlanta Tenant Advisory + Workplace Solutions
Posted on 1/19/21
L&L Celebrates Completion of Major Construction Work at 425 Park
L&L Obtains TCO for Lord Norman Foster-Designed Office Tower, the First Full-Block Building to Be Built Along Fabled Plaza District Corridor in Half a Century L&L . . .
Posted on 1/19/21
Construction Starts End 2020 on a Sour Note
HAMILTON, N.J.--(BUSINESS WIRE)--Total construction starts lost 5% in December, falling to a seasonally adjusted annual rate of $784.3 billion. Nonresidential building starts fell 11% during the . . .
Posted on 1/19/21
Madison Realty Capital Provides $53 Million Construction Financing to Heritage Equity Partners for Multifamily Development in Brooklyn
NEW YORK, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Madison Realty Capital, a New York City based real estate private equity firm focused on debt and equity . . .
Posted on 1/19/21
Four Industrial Buildings in Spotsylvania County Sell for $14M
Four industrial buildings in Spotsylvania County sold for $14 million and will be redeveloped into an apartment complex, Cushman & Wakefield | Thalhimer announced Monday.The 495,830-square-foot, . . .
Posted on 1/19/21
Wood Products Manufacturer Will Create 73 Jobs In Russell County
Rambler Wood Products is investing $7.6 million to establish a wood products manufacturing facility in Saint Paul, creating 73 jobs in the Russell County area, Gov. . . .
Posted on 1/19/21
Alexandria Office Building Sells For $13.12M; To Be Converted To Condos
An office building in Alexandria that sold for $13.12 million will be converted to condominiums, according to an announcement from Bethesda, Maryland-based commercial real estate firm . . .
Posted on 1/19/21
Commercial Real Estate Trends to Observe in the Dawn of 2021
What began as impromptu measures and quick fixes to stop the spread have morphed into semi-permanent structures. Buildings that solely required PPE and makeshift plexiglass barriers . . .
Posted on 1/19/21
Divaris Real Estate Announces $17M and 154,296 SF in Completed Transactions for December 2020
Divaris Real Estate, Inc. (DRE) announces the completion of 31 transactions totaling $16,940,556 and 154,296 square feet of sold, new or renewed leases in commercial properties . . .
Posted on 1/19/21
Mercy House Receives 2020 Community Involvement Grant from NorthMarq’s Newport Beach Office
Mike Elmore (Left) presented NorthMarq's 2020 Community Involvement Grant to Mercy House Development Director Jacob Mize (Right) NorthMarq’s Newport Beach office selected Mercy House, which provides . . .
Posted on 1/19/21
Vacant Commercial Property Collapses in Pigtown
On Sunday morning at approximately 830am a vacant commercial building at 1000 block W. Cross St. collapsed. The building is a triangular corner property that also . . .
Posted on 1/18/21
Industrial Property Sold in Portsmouth
Cushman & Wakefield | Thalhimer is pleased to announce the sale of 800-840 Florida Avenue in Portsmouth, Virginia. Blue Ridge Product Solutions, LLCpurchased the 122,400 square . . .
Posted on 1/18/21
Exchange Buyer Nabs 65,460-SF Project in Off-Market Deal
A San Antonio-based investment group has acquired the 65,460-sf Story Business Center in an off-market transaction, using 1031 Exchange funds to snap up its second industrial . . .
Posted on 1/18/21
Bank of America Starts Work on Drive-Through Branch At Grand Morton Town Center in West Houston
Bank of America is under construction in NewQuest Properties' Grand Morton Town Center as it forges ahead on plans to expand in the fastest-growing submarket of . . .
Posted on 1/18/21
Colliers Concludes Luzerne County Multifamily Portfolio Sale
Colliers is pleased to announce the recent multifamily investment sale of the Marr Apartment portfolio - three residential apartment complexes individually known as the Briar Manor, . . .
Posted on 1/18/21
Fredericksburg Industrial Portfolio Sells as Investment
Plans call for redevelopment of the property into a multifamily community Cushman & Wakefield | Thalhimer is pleased to announce the sale of the Fredericksburg Industrial . . .
Posted on 1/18/21
BHHS New England/Westchester/New York Properties Promotes Meryl Freedman and Gregg Wagner to SVP Roles
Berkshire Hathaway HomeServices (BHHS) New England Properties, Westchester Properties, and New York Properties
Posted on 1/18/21
Hilton Worldwide Holdings: Showing Resilience In A Tough Environment
In spite of the uncertainty caused by the COVID-19 pandemic, Hilton Worldwide Holdings Inc. (HLT) made a strong recovery in 2020 - at least in terms . . .
Posted on 1/16/21
Greystone Provides $11.4M in Fannie Mae DUS Financing for Two Multifamily Communities in Florida
NEW YORK, Jan. 15, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided $11,401,000 in total Fannie Mae Delegated Underwriting . . .
Posted on 1/16/21
Freddie Mac Prices $405M Multifamily Small Balance Loan Securitization
MCLEAN, Va., Jan. 15, 2021 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announces the pricing of the SB82 offering, a multifamily mortgage-backed securitization backed by small . . .
