Business Specialties
CBRE Buys its Affiliate in Vietnam
CBRE Group has bought its affiliate company in Vietnam, which operates under the name CB Richard Ellis. The company has been its affiliate for 10 years and has a leading market share across most service lines in that country.
JLL Tapped for 190 KSF Leasing Assignment in New York
Jones Lang LaSalle was chosen by Brause Realty to tend to the tenant roster of 52 Vanderbilt, a Class A property in the heart of Midtown Manhattan.
Veterans Haven: A Different Kind of Housing
Matthew Heslin has found a new way to make a difference: Providing housing for homeless veterans. He talks about what’s involved on CPE Radio.
Apartments Coming to Cleveland
By Adrian Maties, Associate Editor The time is ripe for apartment construction, and developers are heeding the call. With most private sectors adding jobs in the Cleveland area, payrolls are expected to grow this year at the fastest pace in more than a decade. In the coming months, improvements in the local economy will support […]
Trophy Atlanta Office Property Trades for $147M
Two Alliance Center, a premier office property in the trendy Buckhead submarket, has come under new ownership for a price tag of $147 million.
Plans Move Forward for Western Europe’s Tallest Residential Tower
British government granted planning consent for the redevelopment of a project in Vauxhall, central London, which will include Western Europe’s tallest residential tower.
Office in Boston’s Channel Center Gets $170M Construction Loan
Holliday Fenoglio Fowler secured a $170 million construction loan for Boston’s Channel Center mixed-use project involving a Class A office building.
Plans Move Forward for DeBartolo Development’s $350M West Oahu Shopping Center
By Adriana Pop, Associate Editor The Hawaii Land Use Commission has approved a use change for a proposed 1.4 million-square-foot regional shopping mall in East Kapolei. The Pacific Business News reports that under a previous state plan the site had been slated for the development of a regional sports complex. Florida-based DeBartolo Development L.L.C. plans […]
Upcoming Sale of Summerlin Office Properties Offers Promise for Market
By Alex Girda, Associate Editor A big office deal or a series of smaller ones seems likely to take place in the Las Vegas area in the near future. VegasINC magazine recently reported that General Growth Properties is looking to offload a number of the office buildings it holds in Summerlin. The 32 office buildings […]
HFF Arranges Sale of $148M Non-Performing Loan
HFF closed the sale on a non-performing loan carrying an unpaid principal balance of approximately $148 million.