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Cresa Continues Growth Initiative with Acquisition of Mohr Partners in Charlotte
Leading tenant rep commercial real estate advisory firm Cresa is set to make significant inroads in the Carolinas following news the Boston-based firm has acquired Mohr Partners in Charlotte. The new Cresa Carolinas office will represent tenants in...

Starwood Ups Initial Bid for Milestone Apartments REIT Buyout
An affiliate of Starwood Capital Group agreed to sweeten its offer to take Milestone Apartments Real Estate Investment Trust private through a cash-for-stock transaction. Under the revised bid announced in a joint release by the two companies, Milestone...

Office Lease Up (March 20) Goldman Sachs Agrees to Relocate Dallas Offices from Las Colinas to 170,000 SF at Trammell Crow Center
J.P. Morgan Asset Management locked up a new anchor tenant at the company's Trammell Crow Center in downtown Dallas with the signing of Goldman Sachs to a 170,000-square-foot lease. Goldman Sachs (NYSE: GS) is scheduled to relocate by Q1 2018 from...

CoStar's People of Note (Mar. 17) - Colliers Florida Announces New Statewide Leadership, Principals Named at Lee & Associates, Next Realty
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Tampa / St. Petersburg, San Diego, Washington DC, Raleigh / Durham...

ARA Newmark Taps Okulski to Expand Multihousing Investment Team Across Carolinas
ARA, A Newmark Company (ARA Newmark) has hired multi-housing real estate expert Alex Okulski, CFA as a senior managing director with the company’s Carolinas investment advisory practice. In his new role, Okulski will focus on the region's rapidly...

WeWork Leases 51,547 SF at Brand New High-Rise in Downtown Charlotte
Continuing its nationwide expansion, New York City-based shared office provider WeWork has signed a lease to open its first office in North Carolina. The company finalized a deal to occupy 51,547 square feet at 615 S. College St., a brand new 375,002...

Capitol Funds Taps Childress Klein to Lease, Manage 590,000-SF Retail Portfolio
Shelby-based Capitol Funds has awarded Childress Klein with a 590,000-square-foot leasing and property management assignment comprised of the Berkeley Mall and Berkeley Corner Shopping Center in Goldsboro, NC and The Fresh Market Shoppes in Hendersonville...

Gamma Real Estate Closes on 570-Unit Multifamily Portfolio in Charlotte
Gamma Real Estate made a significant investment in the Charlotte multifamily market with the acquisition of two communities from YFP/Yager Properties for $74.1 million, or $130,000 per unit. The New York City-based boutique firm paid $43.2 million...

CoStar's People of Note (Mar. 10)
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: New York City, Santa Fe, Boston, Chicago, Orange County, Phoenix/Tucson...

UPDATED: Gander Mountain Files for Ch. 11 Bankruptcy Reorganization; To Close 32 Stores and Seek Buyer
Gander Mountain Co., which operates 166 outdoor equipment and sporting goods supercenters, has filed voluntary petitions for debt relief under Chapter 11 of the US Bankruptcy Code. In doing so, the company has identified 32 underperforming stores...

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