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GLENOLDEN, PA— Morris Realty and Investment has sold Glenolden Self Storage, a 383-unit self-storage facility located in the Philadelphia suburb of Glenolden, PA, to Sovran Self Storage. Sovran purchased the asset free and clear of existing debt in an all-cash transaction.
PHOENIX—The new development, branded collectively as Waypoint, will combine Harvard and Lincoln Property Company's recently delivered Waypoint One class-A office building, the soon-to-break-ground Waypoint Two class-A office building and the existing, two-building Riverview Point portfolio.
BOSTON—To say that business leaders, particularly those that are located or do business in the Seaport District, are anxiously awaiting any news on General Electric's corporate headquarters plans here would be an understatement.
HOUSTON—More than 3 million square feet (or 34%) of all sublease space is accounted for by just 13 energy companies that are responsible for all 17 blocks of sublease space of more than 100,000 square feet, including 350,000 square feet recently added by Shell.
LOS ANGELES—KTGY's Manny Gonzalez, who was just appointed to the College of Fellows of the American Institute of Architects, talks about the special design needs for senior residents in this EXCLUSIVE interview.
DALLAS—Novus hires two vice presidents to assist Asian investors in locating direct investment property for portfolios and to concentrate on income investment and land sales throughout Dallas-Fort Worth.