Keith Loria
Stan Johnson Opens Office in Miami Area
Brian Buffone and Barry Wolfe have been named lead brokers in Stan Johnson Co.’s new Miami-area regional office in Fort Lauderdale.
Brookfield to Acquire U.S. Warehouse Business for $1B
Brookfield Property Partners has agreed to purchase Industrial Developments International (IDI) from Kajima of Japan for $1.1 billion, in a deal a company spokesperson said will close in the fourth quarter.
Moody’s: U.S. Housing Recovery to Be Credit Positive
A new compendium report from Moody’s Investors Service predicts that the impact of the U.S. housing market recovery across fixed-income sectors will be predominantly credit positive.
Morgan Stanley Fund Grabs 50% of Boston Trophy Building
In a deal that was first reported by Bisnow, a Morgan Stanley real estate fund has acquired the Blackstone Group’s 50 percent share of One Post Office Square, a 40-story office building in Boston’s financial district, for a reported $550 million.
Inland Names Rival Exec Sabshon as New CEO
After a lengthy search, Inland Real Estate Investment Corp. has tapped Mitchell Sabshon as its new CEO, taking over for Robert Parks, who will remain as the company’s chairman.
Cobalt Sells 1.4 MSF Dallas Industrial Portfolio
Cobalt Capital Partners, advisor to Cobalt Industrial REIT, has sold a 14-building, 1.4 million-square-foot industrial portfolio in Dallas to a Greenfield Partners investment fund.
Advenir Acquires M-F Complex in Dallas-Fort Worth Submarket
Advenir, a multi-family real estate investment and management service provider, has acquired Dolce Living at Mansfield, a 334-unit Class A apartment community located in the upscale Dallas-Fort Worth submarket of Mansfield, Texas.
Wood Breaks Ground on 133-Unit M-F Building in West Houston
Wood Partners has begun construction on Alta Westheimer, a luxury apartment building in Houston.
JLL Adds Beers, Ficke to the Fold
Jones Lang LaSalle has bolstered its global corporate solutions team by adding seasoned real estate executives Jessica Beers, MCR, and Bruce Ficke, who will advise real estate outsourcing teams serving the world’s top corporations on emerging real estate strategies with JLL’s Corporate Solutions group.
OMA NY Wins Major Design Competitions in Miami Beach, Santa Monica
The city of Miami Beach has awarded its $1 billion redevelopment of the Miami Beach Convention Center to South Beach ACE, a team including OMA, Tishman Realty and UIA Management.