Barbra Murray
MEPT, PHK Development Plan Portland-Area Mixed-Use Project
Multi-Employer Property Trust has formed a joint venture with PHK Development Inc. and will build a mixed-use multi-family project in Lake Oswego, Ore.
Africa Israel USA Reaps Retail Condo Rewards
Four years after selling the commercial portion of Manhattan’s 767,000-square-foot Times Square Building to Blackstone, Africa Israel USA has completed the disposition of the tower’s 250,000-square-foot retail condominium.
Macerich Closes First of Three Giant Joint Ventures
The Macerich Co. has closed on a previously announced joint venture with GIC, in which the regional mall REIT contributed a 40 percent interest in four properties.
Columbia Property Trust Retains Top Tenant in Denver Area
Columbia Property Trust Inc. secured a new commitment from engineering and construction firm CH2M with the signing of a 370,000-square-foot lease renewal at Columbia’s 478,000-square-foot South Jamaica Street office campus in Englewood, Colo.
Investors Bank Closes Financings, Expands Relationships
Investors Bank had a busy third quarter, originating nine loans totaling more than $114 million, and is now looking to increase its mix of commercial loans.
Federal Capital Partners Grabs Sizeable Northern Virginia Office Asset
Federal Capital Partners acquired One Dulles Tower, a 400,000-square-foot headquarters building, in Herndon, Va., for $84 million.
Mission Capital Lands Loan for Manhattan Office Tower
Mission Capital Advisors helped an investment group, led by fashion designer Elie Tahari, find $70 million in financing for 88 University Place, a 94,000-square-foot Midtown South property.
Madison Equities Snaps Up Manhattan Development Site
Madison Equities and partner Impresa Pizzarotti & C. Spa acquired a vacant 12,600-square-foot development site at 45 Broad St. in an $86 million deal.
Foley Lends Helping Hand to Maynada in Financing Deal
Maynada Blue was looking for a loan and found one with help from Foley & Lardner L.L.P. through Blackstone affiliate B2R Finance, a leading provider of residential buy-to-rent mortgages.
Nokia Taps JLL to Manage Capital Projects
The investment and management giant has added a major new assignment to its outsourcing portfolio.