Business Specialties

KKR Closes Fund With $950M in Commitments

Like its predecessor investment vehicle, KKR Real Estate Credit Opportunity Partners II will focus on the acquisition of new-issue conduit CMBS.

AIG Reshuffles New York Footprint With 3 New Leases

The insurance giant is relocating its headquarters and splitting the remainder of its offices among Midtown, Lower Manhattan and Jersey City.

Flex Office Operators Look to Unlock the Suburbs

British workspace providers talked about new opportunities outside city centers in a recent webinar hosted by the Flexible Space Association.

Brookwood Properties Opens New Facility in Baton Rouge

The climate-controlled property features 1,134 units spread across 105,875 square feet.

Spear Street Capital Sells Minority Stake

A division of Aberdeen Standard Investments now owns an interest in the San Francisco-based office property owner and operator.

New Jersey Industrial Park Lands $104M in Construction Loans

Cushman & Wakefield arranged the funding for Advance Realty Investors and Greek Development, which are planning a 3.2 million-square-foot project in metro Philadelphia.

PPE Producer Expands Operations in Orange County

MaxCare Products has leased space at an industrial property in Santa Ana, Calif., to manufacture and distribute masks, personal protective equipment and other medical supplies.

Conquering Local Law 97 Post-Pandemic

COVID-19 is creating hurdles to compliance with New York City’s landmark law. Veritas Solutions Group’s Robert LoForte and FacilityConneX’s Mark Pipher offer solutions.

Solar Power Makes Texas-Size Surge

Over the past decade, solar capacity in ERCOT’s service area has expanded from 15 megawatts to 2,281 megawatts.

State Street Signs 60 KSF Tenant at Atlanta Office Tower

A furniture store chain will relocate its local headquarters at the 355,000-square-foot building within the Central Perimeter.