The medical office market in the Tri-State New York metro area, encompassing NYC, NJ, CT, and Long Island, displays diversity, with strong demand and unique structural characteristics in each locality, according to JLL’s TriState medical office report. In Manhattan, medical…
The Atlanta Property Group (APG) sold a three-building office park near The Battery Atlanta for $14 million, after paying $22.3 million for the property in 2017. Woodside Capital Partners was the buyer of Shadowood at Powers Ferry Road. APG financed…
The MacKenzie Companies, LLC, in collaboration with InspiRE CRE, LLC, has established Asset Adversity Group, a strategic alliance focusing on distressed and underperforming commercial real estate assets. This partnership combines InspiRE’s expertise in distressed asset management with MacKenzie’s real estate…
Since Covid, mixed-use developers have been forced to reconsider their formula regarding how much office space is needed. The universal adoption of hybrid working during the pandemic has decreased the amount of space companies typically lease in office buildings. Much…
The 14th + Spring office tower in Midtown Atlanta is on the market. Greenstone Properties and a Goldman Sachs affiliate are partners on the 12-story tower, which has remained vacant since its completion in late 2022. JLL is marketing 14th +…
The Providence Group is adding a new office in Raleigh, North Carolina and welcomes two seasoned Raleigh-based brokers, Reagan Crabtree and Cristi Webb. “We have wanted to open a Raleigh office for years. We waited for the right caliber of…
Bank of America has signed a 550,000-square-foot office lease at Newport Tower in Jersey City. Cushman & Wakefield’s Robert Rudin, David DeMatteis, Mina Shehata, Dirk Hrobsky, Karl Helgessen, Jan Randall Dausend and Christina Magill represented the landlord, BGO, in…
Transwestern Real Estate Services (TRS) closed the sale of Hudson Medical Center to Hammes Partners, a private investment platform focused exclusively on healthcare real estate. The seller, Hudson Medical LLC, was represented by Transwestern’s Frank Richie, Mike Salmen, Erik Coglianese…
1455 Lincoln Parkway is an 186,846-square-foot office building in Atlanta’s Central Perimeter submarket. Search firm Innova Solutions acquired the building and plans to relocate its headquarters there. The company plans to occupy the top two floors of the building, totaling…
Developers are finding that hundred-year-old flour mills and textile factories are too tough to die. A nationwide trend to renovate and repurpose the buildings is spreading. About a year from today, an adaptive reuse project in a 400,000-square-foot mill in…
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