Franklin Street’s Retail Services team has been selected to lead leasing for The Promenade at Town Center, a 230,000-square-foot mixed-use development in Palm Coast, Florida. The development includes 204 residential units and 57,000 square feet of commercial space, targeting a…
NAI Capital Commercial SVP Steven Ehrich with the Investment Services Group in Orange County negotiated the sale of an Anaheim industrial building, totaling 26,620 square feet. Ehrich represented the seller, a charitable foundation, in a rare transaction involving a donated industrial asset….
Sagard Real Estate, formerly EverWest Real Estate Investors, acquired Vista Imperio, a 158-unit suburban garden-style multifamily property in Riverside, for an undisclosed sum. The acquisition is the first for Sagard’s newest, moderate value-add, open-end fund targeting seaport industrial, attainable rental…
Greystone and Cushman & Wakefield provided acquisition financing and arranged the sale of Aventine, previously known as Ardmore at Bryton, a 288-unit multifamily property in the Charlotte suburb of Huntersville, North Carolina. The multifamily property was sold by Ardmore Residential…
CoStar Group said Friday it had reached an agreement with research and consulting firm Gartner to take back-office space previously leased by Gartner in Arlington, VA. Located at 1201 Wilson Blvd., the building is a 552,000-square-foot office tower that CoStar…
Hanley Investment Group Real Estate Advisors and Colliers closed the sale of a corporate single-tenant property occupied by Jack in the Box Drive-Thru at 1257 Park St. in Alameda. The purchase price was $4 million. EVPs Bill Asher, Jeremy McChesney and Jeff…
Marcus & Millichap arranged the sale of Starbucks, a 3,500-square-foot net-leased property located at 9660 Kiefer Blvd. in Sacramento. The asset sold for $2,550,000. “The property was a newly constructed single-tenant building with a 15-year corporate net lease to Starbucks,” said Yuri…
Charlotte Pipe & Foundry named Trammell Crow Co. developer of the first phase of the company’s former manufacturing site in Charlotte, North Carolina. The Dallas-based real estate company will also be the master planner for the entire 55.5-acre former foundry…
Marcus & Millichap closed the sale of a 14,490-square-foot net-leased Walgreens property located in Machesney Park, IL. The sale price was $4.2 million. Joe J. Sparano, Dan Yozwiak and Darpan Patel, investment specialists in Marcus & Millichap’s Columbus and Tampa offices, marketed the…
WeWork Inc. and its major financial backers have struck a new restructuring deal to get the workspace provider out of bankruptcy, the Financial Times reported Monday afternoon. The deal sidelines a competing financing proposal from co-founder Adam Neumann. Under the…
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