Barbra Murray
Zamir Equities Buys 560 KSF Cleveland Office High-Rise
In a deal facilitated by HFF, American Landmark Properties Corp. sold 1111 Superior Ave. four years after having acquired the asset half-full for $19.5 million.
Belay, Harbor Associates Buy 2 Office Assets for $57M
In separate joint ventures, the partners acquired properties totaling 302,000 square feet in Denver and the suburban Los Angeles city of Glendale, Calif.
JLL Spark Invests in AI-Powered Workspace Optimization
The proptech division of commercial real estate services firm JLL spearheaded a $1.5 million funding round for the VergeSense sensing platform.
L&L Holding JV Buys Terminal Stores in NYC for $880M
The partnership will transform a self storage space at the historic 1.2 million-square-foot property in West Chelsea into a state-of-the-art office and retail asset.
Hilton Launches Micro-Hotel Brand
The modestly priced lodging destinations will provide visitors with adaptable guestrooms and amenities to create a customized experience in top urban destinations.
Korean Fund Manager Provides $126M Loan for Toronto Hotel
Princes Gates Hotel LP, owner of Hotel X Toronto, will use the funds to refinance the newly opened, 404-key lodging destination.
Morgan Stanley to Buy Helsinki Mall for $592M
Advised by Cushman & Wakefield, Wereldhave will sell Itis, a 1.1 million-square-foot property counted as one of the largest shopping centers in the Nordics.
Hines, Oaktree Buy 515 KSF San Francisco Bay Office Campus
The partners acquired Ygnacio Center, a three-building property in the East Bay’s coveted Walnut Creek market, from LaSalle Investment Management.
Trammell Crow-Led Team Kicks Off $453M Mixed-Use Project in LA
Vermont Corridor, the product of a public-private partnership, will revitalize a stretch of the city’s Koreatown neighborhood with office, residential and retail space, along with county services.
WeWork Signs Full-Building Lease in NYC
The company will occupy the 138,000-square-foot office segment of the newly repositioned 609 Fifth Avenue building in Midtown Manhattan.