Business Specialties
Tallying Up the Difference in New York
Following the Fed’s two emergency rate cuts, mortgage originations spiked. However, the impacts of the coronavirus pandemic have begun to manifest in other ways.
Major Manhattan Trophy Asset Lands Financing
Morgan Stanley and New York Community Bank provided the new loan for RXR Realty’s property, adding to $810 million in existing debt.
Digital Realty Opens 3rd Singapore Data Center
The 366,000-square-foot facility has earned Platinum certification under Singapore’s BCA Green Mark building assessment system.
Duke Health MOB Changes Hands in Durham
CBRE|Raleigh facilitated the $5.7 million disposition of the fully leased, single-tenant asset.
Texas Eye Institute Renews Houston Lease
The eye-care physician group occupies 16,000 square feet at a medical office building adjacent to Memorial Hermann Southwest.
Top 10 LEED-Certified Buildings in Texas in 2019
Houston, Dallas and Austin hold the top positions for the highest-ranking LEED-certified office buildings in Texas in 2019.
Xcel Energy Sells Natural Gas-Fired Plant for $680M
The Minneapolis-based utility had acquired the Mankato Energy Center from Atlanta-based Southern Co. for $650 million in January.
Philadelphia-Area Office Asset Trades for $200 PSF
Kairos Real Estate Partners and Artemis Real Estate Partners have sold 518 Township Line Road in Blue Bell, Pa., four years after acquiring the property at a steep discount.
Las Vegas Airport Warehouse Trades for $16M
Seller BKM Capital Partners provided the new owner with financing for the 17,000-square-foot industrial asset.
Cedarwood Cos. Wraps Up Construction on Orlando Facility
The 787-unit development marks the company’s first self storage property in the U.S.