It’s time to update those contact managers with CoStar’s People of Note, reporting news on significant new CRE hires and promotions. This week’s issue includes the following markets: Toronto, Detroit / Grand Rapids, Boston, Atlanta, Minneapolis / St. Paul, Chicago, Baltimore, New York City, South Florida, Orange County, San Francisco and East Bay. .field_set{display: block;margin-left: 2px;margin-right: 2px;padding-top: 0px;padding-bottom: 7px;padding…
Category: News
Gelt Acquires Powell Valley Farms Apts in Gresham
Los Angeles-based Gelt, Inc. acquired the 228-unit Powell Valley Apartments at 1500 SW Pleasant View Dr. in Gresham, OR for $39.5 million, or approximately $173,000 per unit, from Jackson Square Properties. The seller acquired the asset in June 2015 for $27.8 million ($122,000 /unit) from a private investor, according to CoStar data. div.comp {font-size:0.8em;line-height:1.2em;float:right;font-family:”arial”;clear:right;padding:2px 0px 0px 5px…
CTDI Subleases 210,000 SF in Fairview
CTDI, a global engineering and logistics firm, signed a sublease for 210,000 square feet in the industrial building at 22638 NE Townsend Way in Fairview, OR. The new tenant will occupy the entire building, taking over Navistar’s space in the facility. The building delivered in the East Columbia Corridor submarket in 2007 and is owned by Deutsche Asset & Wealth Management (DAWM), an affiliate of Deutsche Bank AG’s RREEF Management. David MacKey…
CoStar’s People of Note (Oct. 21)
It’s time to update those contact managers with CoStar’s People of Note, reporting news on significant new CRE hires and promotions. This week’s issue includes the following markets: Seattle, Los Angeles, Boston, Atlanta, Philadelphia, Chicago, Dallas / Ft. Worth, Minneapolis, San Diego, Inland Empire, Baltimore, Kansas City, New York City, Houston, Orange County, Denver, and Detroit / Grand Rapids. SEATTLE KM Frames Independent Future with New…
Affirming Commitment to Remain Independent, Kidder Mathews Appoints New President
Defying expectations that he has been grooming his firm for a possible sale, Kidder Mathews Chairman and CEO Jeff Lyon appointed one of the firm’s top brokers to become the firm’s new president and said the leadership team is committed to ensuring the Seattle-based firm remains independent for the long term. Kidder Mathews has no plans “to get folded into a publicly held company,” as many of his regional competitors have done in recent years…
CoStar’s People of Note (Oct. 7)
It’s time to update those contact managers with CoStar’s People of Note, reporting news on significant new CRE hires and promotions. This week’s issue includes the following markets: Phoenix / Tucson, Chicago, Toronto, Houston, Columbus, Tampa / St. Petersburg, Cincinnati, Richmond / Hampton Roads, Dallas / Ft. Worth, Seattle / Puget Sound, Northern New Jersey, and San Antonio. PHOENIX / TUCSON Vestis Group Names Morrell President, Retail Brokerage By…
Western Partitions Buys Wilsonville Warehouses
A private investor sold two warehouse buildings at 26055 SW Canyon Creek Rd. in Wilsonville, OR for $6.3 million, or about $99 per square foot, to Western Partitions, an interior and exterior contracting firm. The 63,361-square-foot asset consists of a main building with about 18,000 square feet of office and 35,000 square feet of warehouse space and a detached service building totaling 9,600 square feet. The buildings were constructed in 1999…
CoStar’s People of Note (Sept. 23) FelCor Trust, Hunt Mortgage Name New Presidents
It’s time to update those contact managers with CoStar’s People of Note, reporting news on significant new CRE hires and promotions. This week’s issue includes the following markets: Dallas / Ft. Worth, New York City, Chicago, East Bay, San Francisco, Columbus, Inland Empire, South Florida, Cincinnati, Denver, Baltimore, Boston, Washington DC, Vancouver / Calgary, Philadelphia, and Detroit / Grand Rapids. DALLAS / FORT WORTH FelCor’s Pentecost…
Balfour Beatty Company Building BPM’s 430K-SF Office/Hotel Development
BPM Real Estate Group has officially named Howard S. Wright, a Balfour Beatty company, as the builder of its 19-story, 430,000-square-foot Broadway Tower project in downtown Portland. Construction is under way on the project, which will be home to a 180-room Radisson RED hotel in its first eight floors, with 175,000 square feet of office space occupying the top 11 floors. Broadway Tower is Howard S. Wright’s second project for BPM in Portland…
CoStar’s People of Note (Sept. 9) M&M Elevates Parker to Northeast Division Manager
It’s time to update those contact managers with CoStar’s People of Note, reporting news on significant new CRE hires and promotions. This week’s issue includes the following markets: New York City, Washington DC, Los Angeles, Chicago, South Florida, Seattle, Orange County, Houston, Raleigh / Durham and Inland Empire. NORTHEAST U.S. and CANADA M&M Elevates Parker to Northeast Division ManagerFormer NY Tristate Leader Promoted at Marcus & MillichapBy…