Business Specialties
Normandy Trades Repositioned NYC Office Tower
The high-rise at 125 W. 25th St. was acquired by a Swiss pension fund for $150 million.
Madison International Realty Buys Stake in Hudson’s Bay
The New York-based company has acquired 1.3 percent of the retail giant’s common stock.
$200M Live! Hotel to Supplement Maryland Casino
Construction is officially underway on The Cordish Cos.’ 130-key Baltimore hotel.
Mary Kay Expands North Texas Footprint
The cosmetics company is investing $125 million into a state-of-the-art manufacturing facility in Lewisville.
HFF Closes $26M Refi for Manhattan Office Asset
HFF worked on behalf of Hidrock Properties and an institutional investment partner to close the refinancing of the fully leased building.
JLL to Lease Hampton Roads Office Property
The building at 880 N. Military Highway is a part of Norfolk’s Military Circle Mall redevelopment.
Crescent to Manage Crowne Plaza Hotel in LA
The 194-key Crowne Plaza is located in Commerce, 6 miles from downtown Los Angeles.
GLP Grows US Presence with $1.1B Buy
The first part of the deal is expected to close in December with the purchase of a $700 million portfolio.
GPT, TPG Enter Strategic Partnership
Strategic Office Partners’ portfolio comprises high-quality, single-tenant office assets totaling 1 million square feet.
Yardi Matrix: Miami’s Booming Market
Multifamily Summer Report 2016: More than 10,000 units are expected to be added this year and next.