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PHILADELPHIA-The Arlington, VA-based REIT adds the 1.5-million sf, 73%-leased shopping center that came to market under a handicap in 1989 to its existing 13-property portfolio. This is Mills' first stab in its pursuit of converting troubled regional malls.
ATLANTA-Nearly 200,000 sf of retail space in Richmond, VA changes hands in four recent sale and lease transactions. Two properties totaling 72,000 sf sell for $7.3 million. Richmond-based Bloom Brothers Furniture leases space in two locations, totaling 119,683 sf.
ATLANTA-Nashville-based Ozburn Properties buys the three-story, 32,000-sf office building in suburban Brentwood, TN from a partnership of bank executives for $3.6 million.
PHILADELPHIA-The local office of New York-based Cushman & Wakefield's asset services department is awarded management of the 53-story, 1-million-sf, class-A office building at 1717 Arch Street in Center City, developed by Bell
ATLANTA-The Nashville-based footwear company will occupy its second distribution facility on the company's 215-acre Genesco Park near Lebanon, TN where corporate headquarters are also located. Published reports estimate construction costs at $28 per sf.
ATLANTA-The locally based energy holding company will consolidate two subsidiaries into headquarters on 17 floors of the 20-story, 259,078-sf, 100%-leased Ten Peachtree Place in first-quarter 2003. The lease is one of the largest this year in metro Atlanta.
PHILADELPHIA-Horsham, PA-based GMAC Commercial Mortgage Corp. arranges $2-million loans for a 33,450-sf Volvo and Volkswagon car dealership in Langhorne, PA and the 60,000-sf Elmwood Court I warehouse/industrial building in Sharon Hill, PA.
PHILADELPHIA-The local office of Chicago-based international executive search firm Heidrick & Struggles is retained to find a new chief operating officer to handle day-to-day operations of the Pennsylvania Convention Center. Selection of a chief executive officer will follow.
ATLANTA-Despite rumors of about a dozen completed leases for the 1.2-million sf of retail space in the 140-acre development, sources confirm to GlobeSt.com that only United Artists and California Pizza Kitchen have signed firm deals for a total 105,192 sf or about 9% occupancy.
PHILADELPHIA-The trust that controls 77% of Hershey Foods considers selling it to protect its sole beneficiary, a 1,400-acre residential school for children in need. While Wall Street salivates over a sweet deal, Hershey Foods' board has a bitter taste.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource