Keith Loria
Cielo Buys 243 KSF Texas Office Tower
Cielo Realty Partners has purchased Neuhaus Tower, a 17-story, 243,000-square-foot office tower in McAllen, Texas, from an affiliate of Brookfield Asset Management for an undisclosed amount.
Gladstone Buys 320 KSF Class A Office Property in Austin
Gladstone Commercial Corp., a Virginia-based REIT, purchased 717 Parmer, a 320,000-square-foot, Class A office property from Karlin Real Estate.
Woods Acquires 1.4 MSF Thanksgiving Tower in Dallas
A partnership led by Dallas-based Woods Capital Management acquired the Thanksgiving Tower, a 50-story office building, from Berkadia.
ARC NYRR Grabs Manhattan Office Condo for $91M
American Realty Capital New York Recovery REIT has made another purchase this month, this time a three-story office condominium located at 50 Varick St. in the Tribeca neighborhood of Manhattan for $91 million.
Bouri Joins UMS as Senior Partner, Managing Director
Veteran corporate executive and management consultant George Bouri has joined Arlington, Va.-based UMS Advisory as the real estate and facilities management consulting firm’s new senior partner & managing director.
KPMG: Geographic Expansion Key Focus for CRE
The 2013 KPMG Commercial Real Estate Outlook Survey reveals that commercial real estate industry executives believe geographic expansion will be a key focus over the coming year, especially in the Southwest and Northeast.
USGBC’s LEED v4 Passes Ballot, to Launch in Fall
In another win for the environment, the U.S. Green Building Council has voted to adopt LEED v4, an improved update to the world’s most visible green building rating system.
The Rockefeller Group Names Nakajima Acting President, CEO
Atsushi Nakajima has been named acting president & CEO of The Rockefeller Group, succeeding Kevin Hackett, who recently completed a four-year term in those positions and joined the global law firm Proskauer as a member of its Private Equity Real Estate practice.
Berkshire Acquires 280-Unit Community in Metro Denver Area
Berkshire Partners has acquired Alta Aspen Grove, a 280-unit luxury garden-style apartment community in Littleton, Colo., from Wood Partners.
Tishman Speyer, China Vanke Break Ground on Luxury Condos in San Francisco
A JV between Tishman Speyer and China Vanke has begun construction on Lumina, a community of 655 luxury condominiums with retail and parking on the San Francisco waterfront.