KHP Capital Partners plans to convert the historic Johnston Building into a 245-room hotel. To be called The Beckwith Hotel, the 100-year-old, 17-story office tower at 212 S. Tryon St. will be gutted and whats renovated will be designed by…
SouthState Bank leased 87,000 square feet at the 19-story Prominence building, making it the building’s largest tenant. That means it gets to plaster its name on the top of the building. The Atlanta Business Chronicle reports that Prominence, the tower…
Virco Manufacturing, a supplier of furniture and equipment for K-12 schools, has signed a multi-year renewal of its 559,000-square-foot space in the Prologis-owned 2027 Harpers Way in Torrance. It represents the first lease renewal for The Klabin Company/CORFAC International that involves the…
BioMed Realty, a Blackstone portfolio company, said Wednesday it had executed a lease amendment with Xaira Therapeutics, a leading AI-driven drug discovery company. Xaira Therapeutics is expanding its headquarters from its current 56,233-square-foot space at BioMed Realty’s Gateway of Pacific III campus, located at 700 Gateway Blvd….
Portman Holdings wants to convert an Alpharetta office park into a mixed-use development. Portman is asking the town to let him rezone about 20 acres of the Brookside office campus along Old Milton Parkway, not far from the Avalon development….
A Northmarq Carolinas Multifamily Investment Sales team completed the $49.25 million sale of Ryder Junction, a 264-unit multifamily community located at 900 Conductor Circle in Greer, South Carolina. Northmarq also arranged financing on behalf of the borrower, The Beach Company,…
Marathon Asset Management’s commercial real estate platform has originated a $120-million construction loan for 125 Perry St., a high-end residential development in Manhattan’s West Village. A Marathon’ team led by managing director Joseph Griffin, closely worked with sponsor Alf Naman Development…
JLL Capital Markets completed the $200-million sale of The Gas Company Tower, a 1.3-million-square-foot office tower at 555 W. Fifth St. in Downtown Los Angeles. Los Angeles County emerged as the buyer for the 53% occupied office tower, which JLL marketed…
Marcus & Millichap closed the $7.1-million sale of the Town Fair Tire Headquarters at 460 Coe Ave. in East Haven, CT. The portfolio included a 207,000-square-foot distribution center with 20,000 square feet of office space, and a 176-trailer position industrial…
Investcorp completed four student housing acquisitions totaling nearly 3,000 beds for a gross transaction cost of over $300 million. The acquisitions include two in Texas and one each in Oklahoma and Kentucky. The Texas properties are: · A 792-bed, 99%-occupied property…
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