Nicholas Ziegler
1.2 MSF Northmeadow Business Park in Atlanta for Sale
Five years after picking up Northmeadow Business Park in Atlanta for $93.5 million, an affiliate of BPG Properties Ltd. has put a for-sale sign on the 1.2 million-square-foot business park.
Bostonia Partners Secures $72M in Financing for NOAA Weather Center in Maryland
A $72 million financing deal secured by Bostonia Partners L.L.C. helped complete construction on a new NOAA Center for Weather and Climate Prediction in Maryland after it was stalled for more than two years because the original developer went bankrupt.
Economy Watch: Home Prices Still Moving Downward
Home prices were down 3.8 percent for the previous 12 months in the country’s 20 largest markets. The Consumer Confidence Index fell slightly in March. And the JOBS Act passed the House, with similar approval expected from both the Senate and Obama.
BGC Completes Grubb Acquisition
In a saga that began nearly a month ago, BGC Partners is about to complete its purchase of Grubb & Ellis Co. after receiving approval from the U.S. Bankruptcy Court.
Wheeler to Run JLL's Lower Manhattan Office
Jones Lang LaSalle Inc. sees big prospects blossoming in Lower Manhattan, and the commercial real estate services firm has just assigned managing director John Wheeler, a longtime JLL employee with nearly three decades of experience, the task of spearheading the office’s increasing penetration of the submarket.
GrubHub Signs 60 KSF Chicago Office Lease
Looking to expand its space along with its increasing success, GrubHub has signed a lease for nearly 59,500 square feet of office space at Burnham Center, Harbor Group International’s historic 580,000-square-foot high-rise in downtown Chicago’s Central Loop submarket.
Madison Spends $123M for 57 Percent Share in Iconic Frankfurt Office Complex
Madison International Realty of New York, together with its German subsidiary Madison Real Estate, has signed a purchase agreement for Morgan Stanley P2 Value’s 56.95 percent interest in the Trianon complex in Frankfurt — for a reported $123 million.
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