Avison Young promoted Los Angeles-based Meghann Martindale to senior director of U.S. retail strategy. In her expanded role, she will work alongside Gavin Farnam, leader of the brokerage’s U.S. retail services platform. Martindale will focus on turning retail data and insights into firm strategies that improve client decision-making and improve broker productivity, Avison Young said.
Erik Weinberg, a longtime real estate professional in greater Washington, D.C., isn't concerned about being first. Rather, the former executive of private real estate investment firm FCP would prefer to watch other people take the riskier bets until he's certain the ground is solid enough for him to get to work.
Starbucks is deepening its corporate cuts with plans to shell out $400 million in restructuring expenses that will result in the closing of four regional offices across the United States.
Westmount Realty Capital appointed Mike Demperio as director of development, based in the firm’s Atlanta office. With more than five decades of experience dealing with industrial real estate, development and brokerage, he has worked on over 100 million square feet of industrial projects across the country with a combined value exceeding $4 billion.
The first office tenant will be moving into the long-vacant Tower Square in Midtown Atlanta since AT&T left, prompting the building's owner, a firm led by billionaire Carl Icahn, to renovate the structure.
The seller of several medical office buildings in Atlanta plans to stay in the properties for the next decade with 3% annual rent increases as part of the record-breaking deal.
Semiconductor manufacturer Micron Technology may be planning to vacate a research and development center on the top four floors of a Midtown Atlanta office building less than five years after moving into the property.
As she approaches 20 years in commercial real estate, Sabrina Gibson places a high value on the business education she received from her mother, Sharon Altenbach, who retired in 2018 after an industry tenure that spanned twice as long. The biggest lesson concerns the importance of family.
CBRE added Chris Doman to lead its U.S. asset management services within its property management business. Doman joined the firm after having founded and run two companies that provide asset management and development services for institutions and family offices. Previously, he worked for eight years at Tishman Speyer.
Americold Realty Trust is selling a majority stake in 12 cold storage warehouses to EQT for $1.1 billion in cash to pay down debt with an eye toward recovery after months of decreasing occupancy levels at its facilities.
Continental Realty has acquired a portfolio of 14 retail properties from US Properties Group, an expansion that will take the buyer into the Buckeye State and beyond.