Business Specialties
McKnight Realty Lands $42M in Pittsburgh Office Refi
HFF secured a first mortgage loan through Starwood Mortgage Capital and a mezzanine loan through Morrison Street Capital for a Class A office tower located in the city’s central business district.
Times Square Office Tower Gets 2 New Tenants
Knotel and Poke Signature will occupy office and retail space, respectively, at the 20-story 9 Times Square, which was recently repositioned by owner American Realty Capital New York City REIT.
Introducing Irvine’s Tallest Office Tower Yet
Developed in less than two years, 400 Spectrum Center overlooks Orange County from 323 feet in the air—just a few inches more than its sister building, 200 Spectrum Center.
SL Green, RXR to Buy Stake in NYC’s Worldwide Plaza
The joint venture will become co-owner of the 2 million-square-foot mixed-use property with the acquisition of a 48.7 percent interest from New York REIT. The deal values the trophy asset at more than $1.7 billion.
Trophy Office Building Coming to DC
Akridge and Stars Investments are teaming up to redevelop two brutalist structures into one freestanding, 100,000-square-foot project situated on one of the city’s most powerful streets.
Tenants and Parking
Parking is especially difficult to find in cities. Kingsley Associates and CPE asked how parking lots could be improved at various CRE sites.
Portland Historic Office Buildings Change Hands
NBP Capital acquired the Blagen Block and the New Market Theater in Portland’s CBD. The two buildings are among the few remaining Victorian Italianate buildings in the city.
GSEMA Moves HQ in the Heart of Boston’s Back Bay
Girl Scouts of Eastern Massachusetts signed a long-term lease with A.W. Perry for a new headquarters location at The Berkeley, a recently renovated historic building.
EdgeConneX Furthers International Expansion
The company plans to build its 40th Edge Data Center in Toronto, Canada. The multi-tenant facility will offer high-density power, along with N+1 design for redundancy purposes.
River North Gym Opens New Chicago Location
Savills Studley worked on behalf of the tenant in the lease of the 26,502-square-foot space on Goose Island. The new place will complement the company’s main club located within Merchandise Mart.