Michael Sweeney

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  • WPT Industrial Expands to PA

    The REIT is in the process of acquiring a 936,000-square-foot Class A property in the Lehigh Valley, the distribution corridor to New York, Philadelphia and D.C.

    11 September 2017 11:56
  • USAA Phoenix Master-Planned Community Breaks Ground

    The upscale 400-acre community will feature entertainment, shopping and dining options to its residents. USAA Real Estate expects to finish the first phase within one year.

    19 October 2017 13:52
  • Palm Springs Retail Center Changes Ownership

    A Los Angeles-based private investor sold Palm Canyon Shopping Center, a 40,000-square-foot retail asset in Palm Springs, Calif. Faris Lee Investments represented both the seller and the buyer.

    02 August 2017 14:44
  • Economy Watch: HQ2 Could Raise Rents in Some Apartment Markets

    Smaller metros with lower wage growth or constrained housing stocks could see rents rise the most from the Amazon HQ2, notes a new Apartment List report.

    20 October 2017 13:55
  • Philly-Area Hilton Garden Inn Hotel Sells for $23M

    The 146-key property underwent a $2.5 million renovation of the lobby and outdoor seating areas, as part of a value-add strategy implemented after the hotel's acquisition in 2013.

    23 May 2017 09:44
  • Bixby Closes $56M Sale of Orange County Building

    Karma Automotive LLC purchased the 262,463-square-foot property it had leased in August 2016. The company is planning to redesign its new headquarters to include further employee amenities and a branded experience center for its new Revero luxury sedan.

    10 April 2017 16:05
  • Creative Office Sells for $31M in Santa Monica, CA

    The Class A+ property traded for one of the highest prices per square foot ever recorded outside of New York City. The deal reflects the increasingly competitive commercial market in Santa Monica, Calif.

    18 September 2017 16:35
  • Bay Area Office Campus Changes Hands

    PCCP LLC and Align Real Estate formed a joint venture to acquire Walnut Creek Center, a two-building, 236,122-square-foot, Class A office facility. The new owners plan to invest approximately $3 million in capital upgrades.

    17 May 2017 15:20
  • Economy Watch: Nonresidential Project Planning Slows in September

    While the Dodge Momentum Index has fallen for four consecutive months, that doesn't necessarily indicate a turn in the building construction market, noted Dodge Data & Analytics.

    10 October 2017 14:15
  • BGL Expands SoCal Presence

    Joshua Rees joins the firm’s national health care real estate group in its newly opened office in San Diego, which replaces its location in Irvine, Calif.

    30 August 2017 18:14