Barbra Murray

Pan American Life Center. Image courtesy of Stirling Properties

Berkadia Arranges $50M Refi for New Orleans Tower

Working on behalf of Stirling Properties, owner of the 674,000-square-foot Pan American Life Center, the firm orchestrated a 10-year fixed-rate loan through Wells Fargo.

Port of New York and New Jersey. Image via Pixabay

Record Numbers at Port of NY, NJ Track Logistics Boom

The seaport logged its highest cargo volume ever, rising to second place nationwide, which bodes well for the thriving local logistics sector.

Japan’s Consulate General Renews Manhattan Lease

The agreement follows a host of new and extended commitments at 299 Park Ave. since Fisher Brothers announced plans to renovate the 1.2 million-square-foot office tower.

Publicis Groupe Inks 1 MSF Lease at NYC Home

The French advertising and public relations firm has renewed 680,000 square feet and signed on for an additional 280,000 square feet at Hudson Square Properties’ 375 Hudson St. office tower.

Whitman Family Lands $550M Financing for Miami Retail Project

HFF has arranged the loans through MetLife Investment Management. The funds will be used to expand the 463,100-square-foot Bal Harbour Shops luxury property.

DivcoWest Buys NYC Trophy Building for $310M

The company has added a second Manhattan office asset to its portfolio with the acquisition of a 283,700-square-foot tower from Boston Properties.

London’s $10.6B Redevelopment Debuts Its Own High Line Park

Known as The Tide, the 3-mile outdoor art and recreation destination is part of the largest urban regeneration project in Europe.

Despite Record Growth, CRE Industry Should Plan for Downturn

The economic expansion just became the longest in U.S. history, but now is the time to prepare for the next downturn, contends RCLCO Real Estate Advisors.

Image via Pixabay

Google Breaks Ground on $600M Las Vegas Data Center

The search engine giant is building the 750,000-square-foot facility in Henderson on 64 acres purchased in early 2018.

Salzburg, Austria. Image via Pixabay

Allianz, VGP Form $1.9B European Logistics JV

Through the new investment vehicle, the partners will focus on premier facilities developed by VGP in Austria, Italy, the Netherlands, Portugal, Romania and Spain.