Business Specialties
Tishman Speyer Inks Axonic Capital to Manhattan Lease
The investment advisor is set to occupy an entire floor at 520 Madison Ave., a 1 million-square-foot Midtown Manhattan office tower. Cushman & Wakefield negotiated the deal.
NJ Turnpike Industrial Facility Lands New Tenant
NAI James E. Hanson negotiated a 13,600-square-foot lease for HVCAR supplier Johnstone Supply in Cranbury Township. The facility is part of New Jersey’s Exit 8A industrial market.
Houston MOB Gets $28M in Financing
Part of the refinancing will be used to revamp the roughly 192,000-square-foot building in The Heights neighborhood. Tenants include CuraHealth and St. Joseph Medical Center.
Tishman Speyer Completes Leasing at 1.2 MSF NYC Office Project
Macy’s and New York-Presbyterian signed agreements totaling 328,000 square feet, bringing the property to full occupancy months in advance of its opening.
Next Phase of $180M CA Mixed-Use Project Breaks Ground
DWS Group has started construction on Village Shops, the latest component of the property’s redevelopment, which will include more than 60,000 square feet of retail.
Ohio Mixed-Use Center Gets $172M Refi
The floating-rate loan for the owners of Pinecrest in a Cleveland suburb was provided by Square Mile Capital Management LLC and replaces existing construction debt.
1st Phase of $58M Marriott Restoration in Puerto Rico Complete
JLL’s project and development services division finished the first leg of renovations to the Marriott San Juan Stellaris, which was significantly damaged during Hurricane Maria in 2017.
Salesforce Inks Largest Office Lease in Ireland
The software powerhouse has signed on for 430,000 square feet, a record for office space in Ireland, at Spencer Place in Dublin.
KBS Buys Orlando Office Property for $49M
The five-story Maitland Promenade One is situated within Maitland Center, one of the largest suburban office parks in Central Florida. The firm also already owns the sister building, Maitland Promenade Two.
Vantage Data Centers to Add 160 MW in Phoenix
The campus will comprise three data centers across 1 million square feet in Goodyear, Ariz. The initial phase will add an initial 32 megawatts and is slated for completion in 2020.