News

The 230,000-square-foot office property at 25 Vreeland Road was acquired by ACG, according to Colliers International Group, Inc., which represented both the buyer and the seller in the transaction.

The more than 11-acre site is located at 2751 S. Dixie Hwy. Nearly all of the existing structures will be preserved, including the Palm Beach Post's office building and printing press.

National Realty Investment Advisors and U.S. Construction have announced they have closed on a $73-million loan from CIM to begin construction on their Ocean Delray development.

Currently on track to break its opening record for the second-straight year, the Cambria brand has opened eight hotels this year.

Arlington Center, a 175,537-square-foot property fully leased to Lockheed Martin Corp., has sold for an undisclosed price.

In the arrangement, SL Green will maintain a majority share in the building in the 50/50 joint-venture, leaving the stake range between 45 percent and 49 percent.

Acquiring the cross border properties in an aggregate fashion was in line with the REITs growth initiative.

The Golden Triangle Business Improvement District achieved LEED Platinum, the highest-level certification.