Barbra Murray
Hudson Pacific to Sell 4 Office Assets for $255M
Different buyers will purchase the properties, which are located in premier markets in Northern and Southern California. The proceeds will go toward value-add acquisitions.
Multiplex Lands $1B Australia Hospital Contract
The Sydney-based contractor will spearhead the construction of the 1 million-square-foot anchor building at Westmead Redevelopment in New South Wales. Upon completion, the 12-story facility will be the tallest hospital building in Australia.
Alabama Reels in $1.6B Toyota-Mazda Plant
The highly coveted auto manufacturing facility project, and the 4,000 new jobs that will come with it, are a coup for Huntsville.
Bridge Office Expands Atlanta Portfolio
The firm snapped up a group of 13 office buildings, situated in key suburban markets, from Piedmont Office Realty Trust.
CapitaLand Sells $1.3B Mall Portfolio in China
The Singapore-based real estate company will sell the collection, which totals roughly 8.6 million square feet, to China Vanke Co. The transaction is expected to close later this year.
264-Key Omni Hotel at The Battery Atlanta Debuts
Developed by TRT Holdings Inc., the property sits within the billion-dollar The Battery Atlanta mixed-use development and will serve as the official hotel of the Atlanta Braves baseball team.
Construction Firms Welcome 2018 With Confidence
According to a new survey by the Associated General Contractors of America and Sage Construction and Real Estate, the construction industry has high expectations for a successful year.
Eastern Consolidated Arranges $121M Financing for NYC Hotel
The real estate firm orchestrated a $97.5 million first mortgage and a $23.9 million mezzanine construction loan for the McSam Hotel Group’s development of a dual-branded, 526-key lodging project in Chelsea.
IRET Sells MOB Portfolio for $368M
The disposition of the approximately 1 million-square-foot, 25-property collection of medical office buildings marks the company’s final step toward its transformation into a pure-play multifamily REIT.
NYC’s 10 Hudson Yards Achieves LEED Platinum Status
The 1.8 million-square-foot office tower at Related Cos. and Oxford Properties Group’s $20 billion Hudson Yards mixed-use development becomes the first commercial office building in New York to achieve the coveted Platinum rating since USGBC’s launch of the LEED v2009 rating system.