Nicholas Ziegler
Forest City to Lead 119-Acre Atlanta Transit Development
Plans are in the works for a major mixed-use, multi-modal transportation hub in Atlanta and Forest City Real Estate Asset Services is onboard to spearhead the project.
Blackstone’s Jonathan Gray Tops CPE Awards as Executive of the Year
Jonathan Gray took away top honors in this year’s CPE Executive of the Year awards, leading an impressive line-up of smart executives that have managed to thrive in the face of historic economic volatility.
Week in Review: Industry Moves and Hires
This week has seen four major hires: David Morrison as global head of strategy at CBRE-GI; Javier Rosenberg as Radisson COO and Carlson EVP; John Gavin as principal with Sterling Bay; and Mark Wanic as Cushman’s head of occupier services in the Americas.
Economy Watch: Employment Continues Its Slow Recovery in November
The BLS reported this morning that the U.S. economy added 120,000 jobs in November. The Census Bureau reported that construction spending edged up 0.8 percent in October. And Massachusetts is suing the five biggest mortgage companies in the country over questionable foreclosure practices.
L&B Nabs Chicago Apartment Tower for $90M
L&B Realty Advisors has made another pickup in the Chicago market with the $90 million purchase of 77 West Huron, a 25-story luxury high-rise building, from previous owner Archstone.
In Depth: Lance Capital's Creative Financing Drives Brooklyn's 470 Vanderbilt Lease
While the ink has cooled on the lease signing at Brooklyn’s 470 Vanderbilt project, CPE was able to sit down with Lance Capital to see how creative financing terms pushed the deal through with the anchor tenant, the New York City Human Resources Administration.
Prologis Signs Tenant for 303 KSF at Phoenix Industrial Distribution Facility
Prologis has secured discount fashion retailer TJ Maxx as a tenant to occupy the entirety of Prologis Tolleson Distribution Center 1, a 302,600-square-foot facility in metropolitan Phoenix.
Market Leaders: CPE’s Executive of the Year Awards
For 15 years, CPE and its predecessor, Commercial Property News, have honored the commercial real estate industry’s most accomplished leaders through the Executive of the Year Awards.
Industry Innovators: Honorable Mentions for CPE’s Executive of the Year Awards
The CPE Executive of the Year Awards this year recognized two honorable mentions in most categories in addition to the first-place winners. These industry leaders have drawn on a wide variety of experience in shaping market-making strategies, closing deals, pursuing new ventures and building on their companies’ success.
Avaya Signs 275 KSF Lease for Santa Clara Office
Harvest Properties and Prudential Real Estate Investors have snagged a tenant for nearly half of the Towers at Great America in Santa Clara, Calif., as Avaya, a global business-communications firm, has signed a lease for 275,200 square feet.