Florida
Logistics Firm Renews with Prologis in South Florida
Transwestern’s South Florida industrial team facilitated a long-term lease renewal for roughly 95,000 square feet on behalf of DSV Air… Read more
Blackstone Buying 41-Property Portfolio from FRP for $359M
An affiliate of Blackstone Real Estate Partners VIII, L.P. is acquiring 41 industrial warehouses and two adjacent lots from Jacksonville-based… Read more
ShantiNiketan Moves Ahead on Adult Housing Community
ShantiNiketan, a developer of active-adult housing developments geared to those age 55 years or older, is under contract to acquire… Read more
FL Investor Snaps Up Former Bar Toma Location
Florida-based investor Sterling Organization has acquired the former home of chef Tony Mantuano’s Bar Toma restaurant for $15.1 million. The… Read more
My Eyelab Focuses on South Texas Growth
Retail optical center My Eyelab signed a multi-unit franchise agreement to expand across South Texas. Franchisees Scot Poole and Ezra… Read more
JLL Negotiates 16th Lease for Dirt Cheap
Dirt Cheap, a discount retail chain with its roots in Hattiesburg, MS, leased space at 3161 Broadway Blvd. in Garland,… Read more
Demand for Cold-Storage Heats Up as Online Grocery Sales Grow
By Dennis Kaiser The growth of online grocery sales could result in demand for up to 35 million square feet of U.S. cold-storage… Read more
Federal Tax Reform Package to Provide Boost in California
The recently-enacted federal Tax Cuts and Jobs Act reform legislation is expected to drive interest in knowledge-center markets, spur investment… Read more
ARA Newmark Closes $500M in Student Housing Sales in Seven States
ARA, A Newmark Company, completed more than $500 million in student housing investment sales since February. The transactions totaled more… Read more
Berkadia Arranges $40M Acquisition Loan for Orlando Apartments
Robbins Property Associates secured $40.5 million in acquisition financing for Art Avenue Apartment Homes, a 300-unit garden style community located… Read more
Fidelity Acquires Stewart Title for $1.2B
Fidelity National Financial Inc. is acquiring Houston-based insurer Stewart Information Services Corp in a $1.2-billion cash-and-stock deal. The move is… Read more
Griffin Capital Picks Up Florida Gatorade Facility for $60M
CenterState Logistics Center, a 605,412-square-foot distribution facility within the I-4 Corridor in Lakeland, FL, has traded hands for $59.6 million.… Read more
What Are Comparative Costs to Build Out Office Space Today?
Construction costs rose 3% through 2017 and are expected to follow suit heading into 2018 and beyond, predicts JLL in… Read more
Inland Securities Names Martens SVP
J. Rick Martens has joined Inland Securities as SVP. Inland Securities is the exclusive dealer-manager and placement agent for public… Read more
PickUp USA Opens First North Texas Location
PickUp USA Fitness, the nation’s only full-service fitness club dedicated to basketball, opened its first location in North Texas. The… Read more
Jackson Blvd Loft Office Poised to Change Hands for $24M
Market Street Real Estate Partners is under contract to acquire a downtown loft office building at 209 W. Jackson Blvd.… Read more
Hunt Delivers $187M Financing for Three-State MF Portfolio
New York-based Hunt Mortgage Group provided $187 million in financing for a portfolio of affordable and student housing properties in… Read more
Blackstone REIT Acquires $1.8B Canyon Industrial Portfolio
Blackstone Real Estate Income Trust, Inc. acquired the Canyon Industrial Portfolio, a 22-million-square-foot portfolio of industrial assets, for roughly $1.8… Read more
Apple’s Fourth U.S. Campus Search Requirements
Apple’s search for a location for its fourth U.S. campus is shaping up to be a markedly different process than… Read more