Business Specialties
Nuveen Boosts Boston Presence
The company has acquired 350 Washington, a Downtown Crossing retail property that has several major anchors including Marshall’s HomeGoods, TJ Maxx and Boston Sports Club.
BioMed Lands Tenant for 300 KSF Bay Area Building
Zymergen’s 12-year lease at Emeryville Center for Innovation ignites an expansion of the life sciences campus in Emeryville, Calif.
Blackstone Bets $4.3B on Bellagio
In a joint venture with MGM Resorts, Blackstone Real Estate Income Trust has agreed to buy the iconic Las Vegas resort.
CREDE, Cornerstone Capital Open Florida Storage
The partnership has delivered a 661-unit facility in Fort Myers. Extra Space Storage is the manager of the asset.
Adobe Inc. Quadruples Manhattan Lease
The computer software firm expanded to 109,296 square feet at 1540 Broadway, an office tower owned by EDGE Fund Advisors.
Few Economists See Downturn Despite Waning Growth Outlook
Most participants at the National Association of Business Economists meeting in Denver were sanguine about the prospects for the U.S. economy.
Atlanta Office Asset Scores $21M Refi
NXT Capital secured the financing for a Class A property in the Cumberland/Galleria submarket.
Innovative Industrial Buys Michigan Asset, Welcomes LivWell
The company entered into a long-term, triple-net lease agreement with a licensee of LivWell Holdings that is expected to complete some $23 million in tenant improvements.
Queensgate Investments’ $400M US Expansion
The British private equity firm has acquired the boutique hostel brand Freehand Hotels from a consortium that includes an investment firm controlled by the billionaire Ron Burkle.
Coworking Creates Turmoil Across the Pond
A new report from Avison Young outlines how the rise of flex office space in the U.K. is challenging landlords to find effective strategies in a changing market.