Co-working space rebrands, shifts focus to small businesses

Impact Hub Nashville, a co-working space located in Houston Station in Wedgewood-Houston, has changed its name and will shift its focus to serve as a resource for the broader small-business community.

Previously, the space had a heavy focus on social enterprise ventures.

The organization’s new name is Refinery Nashville. As part of the re-positioning, the group has expanded into an additional 2,000 square feet at Houston Station, allowing it to open two new meeting rooms, a quiet work area and…

$40 billion Uber leases downtown Phoenix space

Ride-sharing company Uber has set up new Phoenix offices at 111. W. Monroe in downtown Phoenix.

San Francisco-based Uber, which hooks up riders with the equivalent of freelance cab drivers, was recently valued at $40 billion.

The 255,600-square-foot office building is half empty, according to the CoStar real estate information service.

The downtown building was purchased for $22 million last year by Rialto Capital and Phoenix-based Ironline Partners, according to CoStar. They have undertaken some…

Challenge funds pledged to help Memphis at grassroots level

ioby, a nonprofit organization with a mission to strengthen neighborhoods around the U.S., is launching a $50,000 challenge to help the City of Memphis.

“Not in my backyard,” or NIMBY, is the opposite of this online company that provides a platform for “citizen-led, neighbor-funded” initiatives. Ioby, appropriately enough, stands for “In our backyard.

The campaign in Memphis is called “discover ioby,” and its goal is to start 20 projects throughout the city between April 11-15.

Application deadlines…

Axcelis Technologies sells Beverly HQ for $49M

Axcelis Technologies, a company that designs and manufactures equipment for the semiconductor manufacturing industry, has sold its 37-acre Beverly headquarters in a leaseback agreement for $49 million.

The property spans 417,313 square feet of office and research and development space at 108 Cherry Hill Drive. Axcelis has committed to lease the property on al long-term, triple-net lease, according to broker DTZ.

The buyer was an affiliate of Northbrook, Illinois-based Middleton Partners, a private…

Office tenants flock to Locust Point as McHenry Row bleeds into Phillips campus

The former Phillips Foods Inc. complex in Locust Point has been fully leased to office tenants five months before an addition to the building is scheduled for completion.

McHenry Row developer Mark Sapperstein has seen tremendous interest in the property at 1215 E. Fort Ave. since he bought it a year ago for $18.4 million and quickly signed Maryland Automobile Insurance Fund to a 60,000-square-foot lease.

Now Sapperstein has completed leasing with a 13,000-square-foot lease for Samuel Shapiro &…