Business Specialties
Hilton San Jose Sold for $118M
The 353-key property is located near major San Jose institutions and event venues.
Patrinely Group JV Leases Entire North Austin Development
The partnership is set to break ground on the build-to-suit office project this spring.
Hines Completes First Closing of $1.4B European Fund
Thirteen institutional investors made equity commitments totaling approximately $709 million to a core plus/value-add investment vehicle that will have leveraged buying power of roughly $3.3 billion.
NorthMarq Scores $185M Refi for Northrop Grumman Campus
The recently opened, 47-acre campus in Chandler, Ariz., manufactures launch vehicles for commercial and military customers.
SJP Properties Inks New Midtown Manhattan Lease
The new tenant will occupy a recently renovated floor in an 18-story building.
Eastern Los Angeles MOB Sells for $7M
The 22,055-square-foot building is fully leased by Chaparral Medical Group and Pacific Clinics.
JLL Expands Madison Avenue Footprint
The company will now occupy a total of 150,000 square feet across five floors in Munich Re Group’s premier asset.
Suburban Philly Retail Center Trades in $43M Deal
An Inland Institutional Capital joint venture purchased the Whole Foods-anchored Baederwood Shoppes on the Fairway in Jenkintown, Pa.
HCA Pays $22M for Las Vegas MOB
The firm’s acquisition adds 86,300 square feet of Class B space to the neighboring Sunrise Hospital campus.
Top Facilities Management Trends
Aramark’s new report highlights areas where technology, people and operations intersect.