Barbra Murray
Fitch: Simon Property Launch of Simon Venture Group A Positive Move
Simon Property Group’s introduction of Simon Venture Group, a new business that will invest in technology companies targeting retail innovation with the goal of heightening the shopping experience, is a step in the right direction, according to Fitch Ratings.
DeWitt to Develop Luxury Apartments in Wilmington, NC
Downtown Wilmington, N.C., will soon get a brand new addition to its in-demand pool of multi-family offerings, now that DeWitt Carolinas has revealed plans to commence development of Pier 33 Apartments this fall.
Related, Oxford Start Construction on NYC’s $700M Hudson Yards Eastern Platform
New York City’s $15 billion, 28-acre Hudson Yards mixed-use project moves closer toward realization with the commencement of construction of the Eastern Platform.
HFF Secures $74M in Financing for 295 KSF Property in Coral Gables, Fla.
The premier 295,000-square-foot office and retail property known as 4000 Ponce/The Collection Building just outside of Miami in Coral Gables, Fla., has been refinanced to the tune of $74 million.
Prologis Signs 2 Build-To-Suit Agreements in Europe
Prologis has signed two new agreements for build-to-suit projects totaling 244,000 square feet in the U.K. and Poland.
Amazon to Open 4th 1 MSF Fulfillment Center in Kent, Wash.
Amazon.com will open its fourth fulfillment center in the state with the development of a 1 million-square-foot facility in Kent, Wash.
AEW Acquires 296-Unit Senior Housing Portfolio in Colorado for $104M
AEW Capital Management L.P. has snapped up a 296-unit portfolio of seniors housing facilities from Balfour Senior Living on behalf of AEW Senior Housing Investors II for $104 million, outside of Boulder.
Blackstone to Increase Tech Footprint with Purchase of Accuvant
Acting through a fund it manages on behalf of its private equity investors, Blackstone is expanding its presence in the technology sector with the purchase of a majority stake in Accuvant, a top information security solutions and services provider.
NGKF Opens New Office in Colorado Springs
The Colorado Springs market is going through recovery, and Newmark Grubb Knight Frank has prepared itself for the impending turnaround with the opening of a new office in the city.