Barbra Murray
CBRE Forecasts Solid 2019 for CRE
Although specifics differ widely across sectors, most major categories should continue to benefit from favorable economic conditions.
Hackman Capital to Pay $750M for CBS’ Television City
The real estate investment and operating company will add the 25-acre Los Angeles campus to its growing media-related portfolio in a sale-leaseback transaction.
Allianz JV Buys Boston Office Tower for $845M
The Munich-based company teamed up with Beacon Capital Partners and the Pension Reserves Investment Management Board to purchase the 1.2 million-square-foot asset.
Brookfield Completes $11.4B Purchase of Forest City
With the all-cash acquisition of the century-old investor and developer, the company adds a diversified portfolio of assets.
Samitaur Constructs Obtains $232M for Creative Office Portfolio
Square Mile Capital Management LLC and Deutsche Bank originated the financing for the company’s 319,000-square-foot collection of assets in Culver City, Calif.
Square Mile Provides $161M Loan for NYC Office Tower
Borrowers Rockwood Capital and Midtown Equities utilized the financing for the acquisition and repositioning of One Broadway, a 253,000-square-foot, landmark building in downtown Manhattan.
PGA of America to Move HQ to $520M Dallas-Area Development
The golfers’ association will relocate from Palm Beach County, Fla., to Frisco, Texas, where it will occupy a 100,000-square-foot building.
TMG Partners, KKR Buy 24-Story Oakland Tower
The transaction marks the third change of ownership for 1221 City Center, an iconic office property in the central business district, over the past six years.
Hines Kicks Off 1.2 MSF Salesforce Tower Chicago
The company’s 500,000-square-foot lease paves the way for the final phase of the Wolf Point mixed-use destination.
Acquisition Yields Rise for Single-Tenant Medical Assets
According to a third-quarter report by The Boulder Group, the cap rate for the niche category increased by 22 basis points year-over-year.