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HOUSTON--HFF has closed the sale of two Houston-area properties: 8 West Centre, a newly-completed, Class A office building along the West Sam Houston Tollway, and 5151 Sommermeyer, a 57,550-square-foot warehouse and distribution center in Prologis Park West by Northwest.
DALLAS—The office division of NAI Robert Lynn has won leasing assignments for two Class A Dallas-area office buildings: the 149,416-square-foot Addison Tower and the 154,458-square-foot Pyramids Office Tower.
WALL TOWNSHIP, NJ—AB Monmouth LLC, a wholly owned subsidiary of Amboy Bank, is seeking permission from Wall Township to build a new extended stay hotel at the unfinished “The Monmouth” site, located at the intersection of routes 70 and 35.
BUFFALO, NY—State officials announced on Thursday that nearly $7 million in state financing has been earmarked for the purchase and master planning of 50 acres of vacant or underutilized land on the city's east side that will be converted into a manufacturing/energy-related business park.
FORT LAUDERDALE, FL—“With demand outpacing supply in South Florida's industrial market, the region continues to see new spec projects like Bridge Point Davie breaking ground,” says JLL's David Wigoda.
MIAMI—“As the first new class A office development planned for downtown Miami in years, MiamiCentral will meet growing demand for space among global and local companies,” says Tere Blanca, president and CEO of Blanca.
PHOENIX—As goes the high-tech industry, so goes opportunity. Once a high-tech company anchors a neighborhood, housing prices rise, new amenities spring up and unemployment dips.
WINTER GARDEN, FL—iStorage has secured a $50-million credit facility to recapitalize its debt. The new credit facility for the locally-based firm was announced by The BSC Group, which assisted in the financing deal provided by an unnamed national bank.