Keith Loria
JLL Closes $280M Loan for Brooklyn Redevelopment
AIG provided a 15-year loan to a partnership between Midtown Equities and HK Organization for Empire Stores, a 443,000-square-foot office and retail property.
Knotel Signs New Lease in NYC
The workspace provider will take 39,000 square feet at United Group’s Midtown building. The company’s leases in the metro now total more than 2 million square feet.
Stanley Black & Decker Expands TX Footprint
The manufacturer of industrial tools and household hardware is taking space at a new 1.2 million-square-foot regional distribution center at Alliance Northport in Northlake.
PCCP Buys Fully Leased SF Asset for $120M
The acquisition of a four-story, 138,000-square-foot property marks the company’s entrance in the Potrero Hill neighborhood office submarket.
JV Buys 121 KSF Suburban Dallas Office Building
Pillar Commercial teamed up with Ascent Real Estate Advisors to acquire a Richardson property leased to Hill & Wilkinson, XPS Solutions and Bestway.
Avison Young Completes Merger With GVA
The newly expanded firm consists of more than 5,000 professionals and 120 offices in 20 countries.
US Hospitality Sector Continues Growth Trend
Despite macroeconomic concerns and an overall expectation that the industry metrics are slowing down, hotel profits increased last year, according to a new HotStats report.
Rockefeller Group Sells 407 KSF Industrial Asset in CA
KKR acquired a recently completed distribution facility in the Inland Empire, part of the 1.5 million-square-foot Optimus Logistics Center.
Prologis Reports on Logistics’ Global Growth
A key takeaway: Rents posted considerable gains in 2018, increasing 8 percent in the U.S. and 6 percent worldwide.
Nuveen Real Estate Buys 1.3 MSF Self Storage Portfolio
The company now owns a 90 percent interest in a collection of 21 assets spread across the southern part of the country.