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Fischer Commercial Real Estate brokers five-year land lease
New England Real Estate Journal – May 18, 2018
Alliance Energy LLC in Monroe, Connecticut, has entered into a five-year land lease with multiple extension options with the Florence G. Knees Revocable Trust for the Buck Stop gas station/convenience store on a portion of the property at 456 Main St. The off-market transaction, including the option periods, is valued at $2.564 million.

Alta Mesa Resources expands Energy Corridor HQ
Houston Chronicle – May 17, 2018
Alta Mesa Resources has expanded its headquarters lease by 38,917 square feet and extended its lease of 53,666 square feet for a total of 92,583 square feet in Energy Crossing  1, 15021 Katy Freeway. Greg Usher of Cypressbrook Co. represented the tenant.

Hanson closes 40,000 s/f laundry lease
Real Estate Weekly – May 16, 2018
NAI James E. Hanson brokered a lease for 40,000 square feet of industrial space to Handy Laundry at 50 Spring St. in Ramsey, New Jersey.

CRG Plans Industrial-Logistics Campus in Portland, Oregon
Area Development – May 17, 2018
CRG, a real estate development and investment firm, plans to build The Cubes at Troutdale, a 350,000-square-foot speculative industrial and logistics facility in the Troutdale Reynolds Industrial Park, located on the east side of Portland, Oregon.

Latest deals from Colliers, NAI Horizon, C&W | PICOR
AZ Big Media – May 17, 2018
The Staybridge Suites at Tucson Airport has been sold for $8,500,000 to a local investor. The extended-stay hotel has never been sold before, and the transaction was an off-market deal.

Daily Digest
Memphis Daily News – May 19, 2018
The Memphis chapter of the Society of Industrial and Office Realtors participated in SIOR Global Service Day on May 8, helping renovate another building of the Oakhaven Boys & Girls Club.

Best Buy expands with Islandia Deal
Long Island Business News – May 16, 2018
Best Buy Co. has leased a 106,874-square-foot building in Islandia to accommodate its expanding e-commerce business.

Financial firm takes space in Homewood Plaza
Birmingham Business Journal – May 15, 2018
A financial firm has moved its Alabama office to Homewood Plaza.

Godin of Godin Property Brokers and Atherton of Northeast Investment Realty hand $4 million sale
New England Real Estate Journal – May 18, 2018
Ed Godin Jr., SIOR of Godin Property Brokers, represented the seller, and Bryan Atherton, SIOR/CCIM of Northeast Investment Realty, represented the buyer in the $4 million sale of 195 Christian St.

 

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