Greg Isaacson
Greg Isaacson is a Senior Associate Editor with Commercial Property Executive and Multi-Housing News. He has been writing about the real estate industry in the U.S. and Asia Pacific since 2014. Connect with him on Twitter: @gregisaacson
Paintable Panels That Lower the Volume
Primacoustic’s products, such as the new Broadway 48 x 48-inch Broadband, provide balanced sound absorption and can be decorated with standard latex paint.
DJM, Gaw Capital Purchase Iconic Hollywood Retail Complex
The private equity firms have teamed up to acquire the 463,000-square-foot shopping center from CIM Group. The property also houses the venue for the Academy Awards ceremony.
Coworking to Overtake Tech as Office Leasing Driver
The flexible office sector generated 10.1 million square feet of activity in the first half of 2019, while providers like CommonGrounds, Spaces and WeWork continue bold expansion programs, JLL reports.
Jamestown Buys Levi’s San Francisco HQ for $820M
The investor scooped up the nine-building, 931,160-square-foot asset from Gerson Bakar & Associates in one of the city’s biggest-ever office deals. Eastdil Secured arranged the sale.
CVS Building in Connecticut Changes Hands for $30M
Midwood Investment & Development sold the retail property, which is triple-net leased to the pharmacy giant through 2038. The area is one of the most prestigious retail corridors on the east coast.
Chesapeake Agrees to Sell NYC Hotels for $138M
The two Hyatt-branded Manhattan properties are slated to change hands in September, prior to the trust’s prospective $2.7 billion merger with Park Hotels & Resorts Inc.
Foreign Investment Moves Beyond the Gateways
Lofty prices and compressed yields are causing global buyers to prospect in other lucrative, business-friendly states such as Texas and Florida.
Colony Capital’s Barrack to Step Back After $325M Merger
The firm has acquired Digital Bridge Holdings, whose CEO, Marc Ganzi, will succeed Colony’s high-profile founder. The deal is poised to create a $60 billion global asset manager.
Amazon Leases 270 KSF Office in Northern Virginia
The e-commerce giant will occupy an entire building owned by Griffin Capital Essential Asset REIT in Herndon, Va., 21 miles west of its planned HQ2 campus.
HFZ Starts Work on 600 KSF Manhattan Tower
The developer appears to be moving ahead with 29th & 5th, a 551-foot-tall project designed by Bjarke Ingels Group. Excavators and pile drivers are in use near the Empire State Building.