Andy Allen

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  • H.I.G. Closes $600M Real Estate Fund

    The fund’s general partner and related parties were among the list of contributors, as was a $52 million co-investment vehicle. Fund III, launched in June 2015, has so far amassed a portfolio of eight assets accounting for 20 percent of the commitments.

    11 May 2017 12:04
  • Odyssey Nabs Sin City Office Building

    One of the two identical buildings located at City Center West traded for $12.9 million. Odyssey intends to undergo major renovations at the 106,700 square feet office property.

    05 April 2017 16:50
  • Gladstone Buys Suburban Philly Office Asset

    The firm acquired a 60,016-square-foot office building for $15.45 million. The property has been fully leased to construction contractor Jacobs Engineering Group Inc. since its completion in 1997.

    29 June 2017 12:47
  • Bringing Creativity to CRE

    With a purposely creative approach to development, Silverback Development—and Josh Schuster—are names you’ll likely hear in industry circles for decades to come. CPE recently spoke with Schuster about his company, its projects and the non-profit he founded 12 years ago.

    23 June 2017 15:01
  • Economy Watch Weekly: Job Creation Rebounds in April

    The U.S. economy created 211,000 jobs in April, a nice improvement from the mere 79,000 jobs created the month before. Economy Editor Dees Stribling breaks down the job growth by sector.

    09 May 2017 14:33
  • JV Sells Two Prime NJ Office Assets

    Somerset Properties and Greenfield Partners LLC selected Colliers as the exclusive agent for the disposition of 400 and 406 Lippincott Drive in Marlton, N.J. The two Class A office buildings total more than 80,000 square feet.

    16 June 2017 13:18
  • Kraft Heinz Inks 261 KSF Lease in Garland, TX

    With the new lease, The Kraft Heinz Co. becomes the largest tenant at Logistics Pointe Distribution Center. The lease includes 90,000 square feet of cold-storage.

    13 June 2017 20:46
  • Lincoln Park Plaza Finds New Owner

    The shopping center is mostly vacant, but the new owner plans to reposition the 176,000-square-foot property. Friedman Integrated's Rich Deptula represented both the seller and the buyer in this transaction.

    02 October 2017 21:20
  • Historic Bowles Hall Awarded LEED Silver Certification

    The eight-story castle-like building underwent a $40 million renovation which, at completion, led to the property's Innovator Award for Best Renovation of Existing University Housing in addition to the LEED certification.

    08 August 2017 20:01
  • 100 KSF Self-Storage Facility Opens in Westwood, NJ

    The 916-unit asset located in the historic downtown of Westwood marks the 37th Extra Space Storage facility of The Hampshire Cos.

    20 October 2017 13:42