Cornerstone Development Partners

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    Mass Equities, leader of a Santa Monica-based joint venture, received a $30 million loan to purchase a 157,210-square-foot industrial property in Denver. The joint venture plans to turn the space into a mixed-use property.

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    The facility in North Haven, which will generate 1,500 full-time jobs, is upping the retail giant's total to three sites in the state, joining those in Wallingford and Windsor.

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    The company represented The Hewson Co. in the sale of a 266,607-square-foot industrial portfolio. The properties are located in Scottsdale and Tempe, Ariz.

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    The company’s wholly owned subsidiary, New Market Properties LLC, purchased Rockbridge Village, a roughly 102,432-square-foot retail center in Stone Mountain, Ga.

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  • Cincinnati’s Port Union Commerce Park Fully Leased

    With the 235,000 square feet of space available in Buildings 1 and 3 signed for by O’Gara-Hess & Eisenhardt Armoring Co. and ProFill Fulfillment, the campus is now fully occupied.

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  • New Abilene Shopping Center to Open Next Year

    Prestige Development Group will build a 171,027-square-foot ground up retail center in Abilene, Texas. The company preleased more than 140,000 square feet at the property.

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  • NKF Secures 3 New Office Tenants in Culver City

    Complete Care, Universal Protection Services and Michelson Foundation leased more than 22,000 square feet at 3000 South Robertson in Culver City, Calif. The four-story office building recently underwent a $5 million renovation.

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    Favorable income gains and low inflation contributed to consumers expressing more optimism about the U.S. economy and their wage expectations in May, according to the University of Michigan's latest Consumer Sentiment Index.

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  • Pattern Energy Acquires 324MW Broadview Wind Facilities

    The California investor acquired interest in the two wind projects that comprise the 324-megawatt Broadview Wind power facilities and the associated independent 35-mile 345-kilovolt Western Interconnect transmission line for $215 million in cash and an assumed project loan of $54 million.

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