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
Miami Mixed-Use Complex Gets $53M Loan
Guggenheim Partners provided the permanent mortgage financing for the Coconut Grove asset. Whalou Properties purchased the office and retail development spanning more than 281,000 square feet in 2010.
Exeter Property Buys Inland Empire Distribution Center for $98M
The company bought the Class A facility in San Bernardino, Calif. Bob’s Discount Furniture is the 800,000-square-foot property’s only tenant.
Houston Tower Earns LEED Platinum Pre-Certification
The U.S. Green Building Council recognized the 1 million-square-foot skyscraper Hines and Ivanhoé Cambridge are developing in downtown Houston for its commitment to sustainability.
Bay Area Project Lands $515M in Financing
The U.S. arm of China’s Genzon Investment Group is developing the more than 800,000-square-foot office campus in Burlingame, Calif., which will be occupied by Facebook’s virtual reality firm Oculus. A Cushman & Wakefield team secured the financing package.
Office Asset in San Diego’s Tech Hub Trades for $10M
MIG Real Estate sold the three-story property in the Sorrento Mesa neighborhood, where technology and medical companies maintain a strong presence.
Sizing Up New York City’s Far-Reaching Climate Bill
Real estate investors, developers and advisers are assessing the legislation, which is being praised for its boldness and criticized for focusing on large and medium-sized properties.
SL Green Signs Anchor Tenant Near Hudson Yards
The REIT scored its first success with a 92-year-old office building that it’s under contract to buy. First Republic Bank will occupy some 211,000 square feet at the property.
Blackstone to Become a Corporation
The world’s biggest landlord, with $136 billion of real estate assets under management, will switch its status from a publicly traded partnership to a corporation, opening its stock to more investors.
Absorption Puts Data Center Developers to the Test
Accelerating data usage and large-scale cloud computing requirements fueled record demand for server farms in the U.S. last year, prompting a construction boom.
StorageVault Buys 38-Asset Portfolio for $206M
After purchasing the properties from Wilmington Capital Management, the active investor now owns or operates 199 storage locations across Canada.