Business Specialties
Greysteel Arranges Financing of Houston Storage Facility
The company’s Dallas office secured the non-recourse bridge loan for a 463-unit facility, which Extra Space Storage will manage.
Restaurant Chain Opens New Manhattan Location
After the closing its Lower East Side eatery, Calexico will occupy 4,700 square feet in a mixed-use East Village property owned by MGM Management.
E-Commerce Drives Largest Industrial Leases
A new report from CBRE shows that online retail is behind many of 2018’s largest distribution deals. Southern California’s Inland Empire tops the list with 14 transactions totaling 11.6 million square feet.
The Mele Group Facilitates Sale of WI Storage
Marcus & Millichap’s brokerage team arranged the sale of a 555-unit self-storage property in Waukesha, Wis., approximately 15 miles from downtown Milwaukee.
Winick Realty Facilitates 3 Lease Renewals at Columbus Square in Manhattan
In addition to negotiating more than 100,000 square feet of extensions for anchor tenants TJ Maxx, Home Goods and Michael’s Arts & Crafts, the firm also arranged a new contract with Higher Ground Education.
2018 Expo Real Conference Highlights
Professionals at the real estate trade conference and fair in Munich shared ideas and industry trends, with several panels focused on artificial intelligence, technology and coworking. Read our 2018 roundup below.
Spectrum, Invesco Real Estate Team Up in Charlotte
The companies are planning the development of a five-acre project, which is set to bring 440,000 square feet of office space and a 200-key hotel to the city’s thriving South End.
2018 ULI Fall Meeting Coverage
Innovation, impact and inclusion were common themes at the organization’s annual conference, where tours, presentations and discussions brought together real estate decision-makers in Boston.
DC Retail Center Lands $61M Financing
Walker & Dunlop arranged the loan for The Shops at Dakota Crossing, a 140,000-square-foot retail center. This will replace the existing construction capital stack with a stretch senior bridge loan.
NYC Office High-Rise Lands $250M Refi
Normandy Real Estate Partners, Meadow Partners and AM Property Holding Corp. used the proceeds to refinance the 610,000-square-foot property at 80-90 Maiden Lane.