News: Brokerage

Darling of Intercontinental leads acquisition effort of 300,000 s/f office park

Intercontinental Real Estate Corp. has acquired the Independence Corporate Park, a seven-building office park. The acquisition, made on behalf of Intercontinental's U.S. Real Estate Investment Fund, LLC (US REIF), was led by Kevin Darling, director, acquisitions at Intercontinental. Independence Corporate Park is a class A office complex totaling 300,000 s/f. Situated on 34 acres, the park is located at the intersection of I-85 and I-385. The property is currently 97% leased. Thomas Taranto, director of acquisitions, asset and portfolio management at Intercontinental said, "Greenville is a thriving and vibrant city that has experienced tremendous growth over the last 20 years. Independence Corporate Park is prominently located and currently 97% leased to a variety of local, regional, and national tenants."
MORE FROM Brokerage

CM&B completes Activate Games’ NYC debut in Union Square

Manhattan, NY Construction Management and Builders, Inc. (CM&B) has completed construction of Activate Games’ first US flagship store in New York City, transforming a historic Union Square retail destination into a 15,000 s/f active gaming experience where players become part of the game.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.