Business Specialties
EastGroup Begins Work on Houston Industrial Complex
The Class A master-planned development, dubbed Northwest Crossing, is set to total 278,000 square feet.
San Diego Office Market Heading for a Shift
The metro is slowly transitioning toward a landlord’s market as vacancy rate slides to record lows. Stream Realty Partners Managing Director Bret Morriss discusses the context and arising opportunities.
JLL Secures $87M Refi for Multi-State Storage Portfolio
The firm’s Capital Markets team arranged the loan on behalf of SROA Capital.
CBIZ Signs Indianapolis Office Lease
Rubenstein Partners and SCP plan to invest $20 million in improvements at the PARC, a full-service tenant amenity center opened in 2018.
Blackstone Strikes $2.9B Deal for Great Wolf Resorts
An affiliate will take a majority stake in the family-oriented entertainment company, which specializes in water park-themed properties.
Fear of Economic Slowdown Hits Europe’s CRE Market
Investment volume declined in most of the region’s countries in the first half of 2019, according to a new report by RERC.
Hilton Opens 2nd NYC Conrad Hotel
The 54-floor property in Midtown Manhattan is close to various museums and other touristic attractions.
Q&A: An Under-the-Radar Look Beyond Late-Cycle Plays
DLA Piper’s John Sullivan ties together key points from the law firm’s 15th Global Real Estate Summit in Chicago.
Manhattan Office Lands $110M Refi
Newmark Knight Frank worked on behalf of CheerLand Investment Group to secure a floating-rate loan provided by Bank of China.
Downtown DC Office Sells for $70M
Credit Suisse purchased the 134,964-square-foot building for twice the price it traded for in 2003. JLL advised the seller in the deal.