Barbra Murray
Blackstone Sells Iconic London Office for $335M
The 286,600-square-foot Cannon Bridge House property, consisting of two linked buildings atop a rail station, has changed owners after a successful renovation and repositioning.
NorthMarq Arranges $157M Loan for Bay Area Office Project
Borrowers Bohannon Development Co. and Alexandria Real Estate Equities will use the financing to develop the 521,000-square-foot Phase II of Menlo Gateway, which will be occupied by Facebook.
Blackstone to Buy Gramercy Property Trust for $7.6B
The transaction will add more than 80 million square feet of high-quality industrial properties to the private equity giant’s holdings.
New World Plans $2.5B Mixed-Use Project in Hong Kong
The property will encompass 3.8 million square feet of retail, entertainment and office accommodations at Skycity, a 60-acre commercial development at Hong Kong International Airport.
Starwood Capital Group to Sell 14 UK Hotels for $1B
Foncière des Régions will acquire the 2,638-key portfolio, which consists of four- and five-star properties in major cities in England, Scotland and Wales.
Hilton Names New Global Luxury & Lifestyle Head
Martin Rinck, formerly executive vice president and area president, Asia Pacific, with Hilton, comes to the position with 30 years of experience in the hotel industry.
AccorHotels to Buy Mövenpick Hotels for $560M
The acquisition will enhance the Paris-based global hospitality company’s presence in Europe, as well as its footprint in emerging markets of the Middle East, Africa and Asia-Pacific.
SJP, Aetna Form JV for 2 MSF NJ Redevelopment
The project entails the transformation of a 3.7-acre site that had been home to a Westinghouse plant in downtown Newark.
ATCO Properties Forms JV for NC Adaptive Reuse
The company’s partnership with Shorenstein Properties paves the way for the transformation of historic buildings into office and retail space at the Camp North End development in Charlotte.
Forest City JV Buys $300M Stake in Cambridge Assets
The properties include 486,000 square feet of predominantly life sciences office space, in addition to a parking facility and commercial space.