Business Specialties
Swift Real Estate Lands $112M Refi for San Diego Campus
CBRE Capital Markets secured the floating-rate loan with Annaly Commercial Real Estate Group.
Pebblebrook to Sell 2 Luxury Hotels for $331M
One of the properties reportedly traded for the highest price per key in Atlanta’s Buckhead district.
JV Enters High-Barrier Charlotte Submarket With $64M Acquisition
Somerset Properties and its joint venture partner are the new owners of a 1.4 million-square-foot distribution warehouse.
American Fine Food Relocates South Florida Operations
The international food distributor will occupy more than 147,000 square feet at a 300-acre, Class A industrial park in Doral, Fla.
Panattoni Sells Reno Industrial Park for $117M
Located in one of Northern Nevada’s hottest industrial markets, the 1.4 million-square-foot property encompasses four Class A buildings.
Vestar Sells Metro Phoenix Retail Center for $62M
The 245,000-square-foot Crossroads Towne Center was 99 percent leased at the time of sale.
KBS Sells Orange County Office Asset
A private investor paid $25.4 million for the Class B asset—nearly $4 million above the property’s last sale price in 2015.
Hines JV Obtains $870M Loan for Boston Redevelopment Project
The developers are planning to convert the city’s historic South Station transit hub into a 1.9 million-square-foot commercial and residential project.
Coach Closes Flagship NYC Store
While the news may have stunned passersby, landlord Vornado has already found a new tenant for the space.
Cantor Fitzgerald Renews 2 Leases in Manhattan
Newmark Knight Frank arranged the deals at neighboring buildings in the Plaza District.