Office

NorthMarq's acquisition of Texas Realty Capital adds a fourth NorthMarq location in Texas and a servicing portfolio of $900 million, which brings the total portfolio to more than $56 billion.

Stribling, which was founded in 1980 by chairman and founder Elizabeth F. Stribling, operates three locations in Manhattan and one in Brooklyn.

Barings and Bank OZK provided $100 million for the office building project. The equity was provided by MBR, LLC, an affiliate of The Allen Morris Company and ICM Asset Management, Inc. of Calgary. Holliday Fenoglio Fowler, L.P. arranged the transaction.

According to its best and final offer submitted to JEA, the Ryan Cos. project at 325 West Adams St. will cost approximately $72.2 million to construct. The building will total 207,810 square feet, including a 6,340-square-foot rooftop outdoor patio.

The Cushman & Wakefield quarterly research findings suggest a strong start in office and industrial markets for 2019.

The new 24,000-square-foot retail center at Mission Park will add a variety of retail and food/beverage offerings and help round out the eventual mixed-use development at the 46-acre office campus.

The new lease will commence in September 2019 after the expiration of its sublease with Weil Gotshal Manges in the summer, and will run until 2024.

The live-work-play environment, the Realm, will include 1.5 million square feet of multifamily, retail, office, restaurant and entertainment space, along with an extensive outdoor entertainment area.