Gail Kalinoski
Kalinoski has been a contributing writer to Commercial Property Executive and Multi-Housing News since 2010 and previously wrote for three years for Commercial Property News. Gail has been a freelance writer and editor for more than 20 years, contributing to daily websites, magazines, weekly business newspapers, market intelligence newsletters, research reports, monthly B-to-B and consumer magazines. Earlier in her career, Gail worked for Gannett Corp. as an editor and reporter for 15 years. Gail has a bachelor’s degree in journalism from Pace University.
KBS, Savanna Buy 110 William St. in Manhattan for $261M
Savanna and KBS Capital Advisors will make “comprehensive capital improvements” to 110 William St., the 32-story office building they have acquired from Swig Equities and the Dubai Investment Group.
Neuberger Berman Takes 355 KSF at Vornado’s 1290 Avenue of the Americas
The investment management firm will relocate to the Midtown Manhattan trophy tower in late 2016 after 24 years at 605 Third Ave.
Tishman Speyer Acquires Rights to Develop 3 MSF Tower in Hudson Yards District
Tishman Speyer has become the latest developer to plan a mixed-use tower in the growing Hudson Yards district on Manhattan’s Far West Side.
Toyota to Move U.S. HQ to Texas
Saying it is designed for better customer service and sustainable, long-term growth, Toyota is moving its North American headquarters and about 4,000 jobs to Plano, Texas, to a state-of-the-art campus expected to break ground in the fall and be completed by 2017.
Brookdale, HCP Create $1.2B JV on Retirement Communities
Brookdale Senior Living and HCP are building on their existing relationship by creating a $1.2 billion strategic joint venture to own and operate entry fee continuing care retirement communities starting with 14 campuses.
Global Law Firm Leases 200 KSF at Chicago’s Willis Tower
Global law firm Seyfarth Shaw has agreed to lease about 200,000 square feet at the 110-story Willis Tower in downtown Chicago in a 15-year-deal that will boost the iconic skyscraper’s occupancy past 90 percent.
Vornado Completes $350M Refinancing of NYC’s 909 Third Ave.
Vornado Realty Trust has completed a $350 million refinancing of 909 Third Ave., a 33-story, 1.3 million-square-foot Midtown Manhattan office building.
USAA Develops 705 KSF HQ for National Science Foundation in Alexandria, Va.
San Antonio-based USAA Real Estate Co. has acquired from the Hoffman Co. the Alexandria, Va., site where a new 704,571-square-foot headquarters will be built for the National Science Foundation.
LaSalle, Harvest Properties Buy 2 Office Towers in San Mateo, Calif. for $100M
LaSalle Investment Management and Harvest Properties have made their second Class A office purchase in the Bay Area with the acquisition of 1400 and 1450 Fashion Island Boulevard in San Mateo, from Fisher Investments. The amount paid for the properties was not disclosed but was reportedly about $100 million.
Piquet Realty Buys Portman Realty in New York
Piquet Realty, a Florida-based luxury real estate company specializing in foreign investors, has expanded its presence in New York City with the acquisition of Portman Realty.