Business Specialties
Vista Investment Acquires CA Creative Office Campus
Media Park Santa Monica is an adaptive reuse of a former research and development facility constructed in 1978. The site comprises three renovated buildings.
MetLife Provides $450M for SF Bay Area Retail Asset
Borrowers The Macerich Co. and Northwestern Mutual utilized the 960,000-square-foot Broadway Plaza in Walnut Creek as collateral for the 12-year fixed-rate loan.
Caesars Kicks Off $375M Conference Center Project in Vegas
The 550,000-square-foot facility will include the two largest pillarless ballrooms in the world, as well as Nevada’s first 100,000-square-foot outdoor event space.
Crowdfunding: A Developer’s Perspective
Genton Property Group CEO Jonathan Genton analyzes the financing method’s capacity to improve transparency and offer access to untapped investment prospects.
REITs Reap Rewards of De-Risking
The lessons of the financial crisis have made a lasting impact on these companies, positioning them for continued growth and stability through year-end, says Fitch Ratings Senior Director Stephen Boyd.
Midwest Industrial Hub Changes Hands
Sold by SpartanNash, 2925 Industrial is a mixed-use multi-temperature facility. JLL has brokered the sale of the 139,077-square-foot property on behalf of the seller.
Stimulating Development in Low-Income Areas
Avison Young Principal Jay Maddox details the tax code provisions that incentivize long-term investment in specific geographic areas across the country.
Suburban NYC Office Portfolio Trades for $45M
Morgan Management sold the Class A Canal View in Rochester, N.Y., and Corporate Crossing in Pittsford, N.Y., two years after acquiring them for Sovereign Partners for $35 million.
Analog Devices Breaks Ground on MA Headquarters
The company will consolidate its operations in the Wilmington facility, which is set to include laboratories, collaboration space and a 50,000-square-foot hub.
NAI Investment Fund Acquires TX Shopping Center
San Marcos Place, which was 80 percent leased at the time of the sale, marks the company’s fifth acquisition this year.