Philip Russick

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  • Meridian Provides Tenant Buildout at Illinois Mixed-Use Facility

    The project added 10,601 square feet of office space and warehouse improvements to a 112,288-square-foot industrial property in Glendale Heights, Ill.

    20 June 2017 19:44
  • Economy Watch: Inflation Edges Up in April

    The Consumer Price Index increased 0.2 percent for the month, according to the Bureau of Labor Statistics. While it's not the only metric the Federal Open Market Committee considers, the increase could increase the odds that interest rates will rise next month.

    15 May 2017 13:43
  • Queens Industrial Assets Sell for $78M

    The joint venture plans to upgrade the buildings in order to capitalize on the growing demand for quality space within the supply-constrained New York market.

    01 August 2017 12:35
  • Omni to Develop 1,050-Key Hotel on Boston’s Waterfront

    The two-tower property, which will be located directly across the street from the Boston Convention and Exhibition Center, is expected to open in early 2021.

    19 April 2017 10:29
  • Nothing But Net

    As the net lease sector continues to take on its own asset class presence, investors and lenders are increasingly putting their capital into the property type, especially single-tenant, triple-net leased properties. Net lease owners with investment-grade tenants in place are most attractive to investors, but a lack of available inventory is leading some lenders to widen their options.

    11 May 2017 14:29
  • CBRE Brokers $25M Sale of Luxury Resort in Panama

    The buyer acquired the majority stake in the five-star property, which is part of the Trump Ocean Club International Hotel and Tower Panama.

    30 August 2017 15:45
  • BlueVolt Relocates Portland HQ

    BlueVolt, an e-learning solutions company, has leased more than 9,000 square feet on the fourth floor of the Marquam Building. The firm is set to expand its team with several new hires.

    12 June 2017 14:22
  • Dual-Branded Charlotte Hilton Breaks Ground

    The 219-key Hampton Inn & Suites/Tru by Hilton Charlotte Airport Lakepointe is expected to open in December of 2018.

    10 August 2017 11:07
  • Irvine Co. Inks 50 KSF Leases in Irvine Spectrum

    The six new deals at 200 Spectrum Center Drive bring the building up to 93 percent leased, just one year after opening. Tenants include innovators in tech, co-working, gaming, law, finance and automotive.

    12 April 2017 17:05
  • Capital One Taps New Head of Commercial Underwriting

    John Crosby joined the firm as chief credit officer in 2015, when Capital One acquired General Electric Capital’s Healthcare Financial Services operations.

    12 May 2017 16:38