Business Specialties

Empire State Realty Trust Gets $850M Credit Facility

The new four-year credit agreement, which replaces a facility set to expire this summer, has options for two six-month extensions.

DC BLOX Breaks Ground in Greenville, SC

The initial phase is slated to bring five high-paying jobs, while the long-term investment in the facility is expected to reach $200 million.

Investors Focus on Building Health More Than Ever: Study

A global survey of owners and investors indicates that the pandemic has heightened attention to several key factors.

Macerich Sells Phoenix Mall Set for Major Redevelopment

The firm will retain a 5 percent interest in the 6.5 million-square-foot project.

KKR Makes $68M Phoenix Industrial Investment

The newly acquired portfolio expanded the firm’s local footprint to roughly 2.5 million square feet.

Will CRE Benefit From the $2T Infrastructure Plan?

Commercial real estate, clean energy and construction experts assess President Biden’s wide-ranging proposals.

Transwestern to Build 953 KSF Atlanta Industrial Park

The four-building logistics park will occupy a 128-acre site northwest of downtown.

Granite Buys 1 MSF Greater Atlanta-Area Industrial Facility

The REIT also upsized its credit facility to $1 billion and extended its maturity date by five years.

Rastegar Appoints New President

Holding more than three decades of industry experience, the Austin-based company’s new executive is joining the firm from Newmark.

GSA Inks $80M Lease With Parallel Capital in Long Beach

The renewal includes more than 140,000 square feet at a LEED Gold-certified property.