Ray Hearn

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  • Chicago PNC Bank Changes Hands for $4 Million

    The buyer, a Canadian investment group, paid almost full price for the 7,500-square foot asset located in North Side Chicago. Marcus & Millichap negotiated the transaction on behalf of both parties involved.

    24 July 2017 19:01
  • Int’l Recruitment Firm to Open Dallas Office

    Frank Recruitment Group will occupy 12,000 square feet on the 24th floor of Ross Tower. The company plans to hire 150 people at first and more than 300 in the following years. In the past six months, FRG opened branches in Berlin and Philadelphia.

    25 May 2017 12:27
  • Summit Acquires Courtyard by Marriott Fort Lauderdale

    The company plans to invest $1.6 million over the next year for public space improvements and a patio bar redesign. The transaction included the sale of the hotel, vacant land and retail space.

    05 June 2017 14:16
  • Pod Hotels Coming to Times Square

    The brand is bringing a more micro unit-focused aesthetic, adding a 'plug and play' package of amenities to their extended-stay product.

    16 August 2017 12:51
  • JLL Inks 38 KSF at Boston’s Lafayette City Center

    Dell Technologies-owned VMware Inc. leased 37,948 square feet of the recently redeveloped 615,000-square-foot office building. The company plans to move in September 2017.

    03 July 2017 09:46
  • Westcore Expands NorCal Industrial Portfolio

    The company has acquired a 277,500-square-foot industrial building in Stockton, Calif. for $14.4 million. This is Westcore’s second acquisition in the city in the past year.

    30 May 2017 13:44
  • MCA Realty to Develop 140 KSF Industrial Facility

    With completion scheduled for the end of the year, MCA Realty is set to break ground on the new industrial development this month. CBRE and Lee & Associates represented MCA in the acquisition of an 8-acre parcel in Temecula, Calif., for the project.

    19 May 2017 14:46
  • Economy Watch: Construction Material Prices Still on the Rise

    Demand for construction materials remains high in the U.S., with positive wealth expectations creating confidence in real estate developers, according to a recent Associated Builders and Contractors report.

    14 September 2017 13:06
  • Whitestone REIT Completes $158M Acquisition of BLVD Place

    The Houston-based REIT bought the 216,944-square-foot urban mixed-use center from developers Wulfe & Co. and Bailard Inc. BLVD Place is 99.2 percent leased with tenants including Whole Foods Market and Frost Bank.

    02 June 2017 12:08
  • Vancouver Lands First WELL-Certified Office

    CBRE debuted its Vancouver digs in 2015 at MNP Tower, a 35-story office building developed by Oxford Properties. To meet the requirements for Gold-level WELL, the firm incorporated more than 100 wellness features into the asset.

    07 June 2017 09:24