Business Specialties
JLL Secures $96M for Philly Office Buy
In an unusual deal, Taconic Capital Advisors and Cohen Equities consolidated their ownership of a 13-story historic tower in the city’s Market East section.
Branch Buys $110M Grocery-Anchored Retail Portfolio
The portfolio encompasses properties anchored by Publix, Kroger and Whole Foods, totaling 876,153 square feet of space. HFF secured the $110 million seven-year, fixed-rate loan.
Expo Real 2017: The Rise of Logistics
Executives of Prologis, CBRE Global Investors, Allianz Real Estate and other high-profile players kicked off this year’s Expo Real with an in-depth dialogue on the perks and challenges of logistics real estate.
MOL Group’s 400 KSF Budapest Campus Design Unveiled
Architecture firm Foster + Partners designed the new office headquarters for the global oil and gas company. Rising 394 feet above the banks of the Danube, the skyscraper will be the tallest building in Hungary’s capital city.
Mueller Austin to Expand Its Residential Component
Catellus Development Corp. has chosen Austin Modern Lofts to develop a mixed-use project comprising 91 residential units and more than 6,000 square feet of commercial space.
9-Building Vegas Portfolio Commands $78M
NKF facilitated the deal of the master planned office campus between Washington Capital Management and a joint venture buying group. The office buildings are situated on over 25 acres and are served by ample on-site parking.
Bloomberg’s New HQ Achieves near Perfect BREEAM Score
Slated to open later this month, the new European headquarters is the “world’s most sustainable building,” obtaining a 98.4 percent score in the BREEAM sustainability assessment method.
Miami Medical Office Building Trades for $11M
The nine-story property underwent a $2.1 million capital improvement program that repositioned the asset and boosted occupancy to nearly 70 percent.
YOTEL Debuts in Asia
The 30-story hotel is situated in the heart of Singapore, offering easy access to the city’s main attractions. Each room is equipped with an adjustable Smartbed, a technowall and smart TV.
CBRE to Market Orlando Site for Industrial Development
Highlands REIT’s property can accommodate a wide range of industrial uses, from service center and flex with commercial exposure to large industrial facilities.