Brokerage

ULI Special Report: Cities Worldwide Grapple with Affordable Housing Issues

Urban centers globally, such as Hong Kong and London, are also grappling with affordable housing shortages.

Fifth Third Bank Signs 62 KSF Lease in Downtown Detroit

Downtown Detroit’s office market gets a big shot in the arm with Fifth Third Bank Eastern Michigan’s commitment to relocating its headquarters from the ‘burbs’ to 62,000 square feet of space at the landmark One Woodward Ave. office building.

Cresa Brings Travers Realty into the Fold, Boosts Southern California Footprint

Travers Realty Corp. has merged with the Southern California offices of Boston-based Cresa to form a powerhouse tenant representation firm with nearly 150 local employees and more than 1,000 internationally.

Greenbuild Special Report: Finding the Value of Healthy Buildings

Much like when the green building movement that first hit CRE at the turn of the millennia, we are currently sitting at the starting line for a new era of change. This time the target is not the building, but rather its users.

NGKF Tapped to Lead Retail Leasing at NYC’s Grand Central Terminal

Newmark Grubb Knight Frank has won one of the most coveted retail leasing assignments at one of the best-known sites in the country: Grand Central Terminal.

Transwestern to Lease 1.5 MSF Office Park in Houston to Signorelli

Transwestern will be the exclusive leasing agent for Valley Ranch Commerce District, a new office park to be developed in the Houston area.

Hilton Sells Waldorf Astoria NY for $1.95B

Anbang Insurance Group Co. Ltd. has acquired the historic Waldorf Astoria New York from Hilton Worldwide Holdings Inc. for $1.95 billion, although the U.S.-based hotel chain will continue to operate the property for the next century.

C&W Inks Deal with Microsoft for Manhattan Flagship Store

The Microsoft Corp. has agreed to sign a lease for a flagship store at 677 Fifth Ave. in Manhattan, occupying the entire ground through fourth floors and a portion of the lower level of the building.