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DLC Management Pays $48M for Shoppes at South Hills

remstaff &Globe Street | January 07, 2015

POUGHKEEPSIE, NY—DLC Management Corp. of Tarrytown, NY has acquired The Shoppes at South Hills retail center on Route 9 here for $48.3 million.

Plans Revealed for 298-Acre Sports Park

remstaff &Globe Street | January 07, 2015

INGLEWOOD, CA—Hollywood Park Land Co., a joint venture between Stockbridge Capital Group and the Kroenke Group, unveil plans for an extended sports and entertainment district at Hollywood Park.

Office Investors Join Downtown Renaissance

remstaff &Globe Street | January 07, 2015

LOS ANGELES—The downtown renaissance continues with Sharp Capital's acquisition of a 92,000-square-foot office building it plans to renovate with updates to the common spaces.

Cabinetry Co. Takes 38K SF Industrial

remstaff &Globe Street | January 07, 2015

PHOENIX—Colliers International of Greater Phoenix recently negotiated the long-term industrial lease of a 37,522-square-foot space at the Hohokam 10 Business Center, currently a 405,000-square-foot complex.

Savanna JV Acquires Former Schlitz Brewery

remstaff &Globe Street | January 07, 2015

NEW YORK CITY—Locally-based Savanna and joint venture partners Hornig Capital Partners and Chelsea Village Associates have acquired the former Schlitz Brewery in the Bushwick section of Brooklyn. The new ownership plans an extensive capital improvement program to convert the industrial building into office and retail space.

Colliers Nabs C&W Vet James De Luca

remstaff &Globe Street | January 07, 2015

NEW YORK CITY—The newest hire at the smaller firm becomes a senior managing director after spending his entire 30-year career at Cushman.

United Realty Trust Acquires 90K SF Medical HQ in Cherry Hill, NJ

remstaff &Globe Street | January 07, 2015

CHERRY HILL, NJ—United Realty Trust Incorporated has purchased 7 Carnegie Plaza, a stabilized triple-net leased medical headquarters building in Cherry Hill, NJ, from FRS Carnegie Plaza LLC, for $9.3 million.