Business Specialties
Paramount Group Closes $1.3B Manhattan Refi
New financing for the 49-year-old trophy tower in the Times Square submarket was arranged by Eastdil Secured.
Angelo Gordon JV Sells Tampa Office Portfolio for $157M
The five-building collection includes WeWork Place, a 19-story tower that occupies an entire city block.
Prologis, Norges Buy $2B Logistics Portfolio
The partnership’s purchase of 19 million square feet of logistics properties in markets across the U.S. follows a string of blockbuster industrial deals.
SVN | KOVA Arranges Fort Myers Office Deal
SVN|KOVA and KOVA Property Management have been managing Alico Business Center since 2016, doubling its occupancy in two years.
IAC Properties Lands 100 KSF Tenant at Chicago-Area Facility
The building is located within the 1 million-square-foot IAC Chicago Market Center.
Connecticut Transit-Oriented Campus Lands $150M Refi
The developer will use financing from PGIM for property renovations, as well as for the development of a $45 million mixed-use transit center in Greenwich.
CIP Real Estate Lands $59M Refi for Inland Empire Portfolio
JLL arranged the seven-year, fixed-rate loan as part of the recapitalization of the 610,000-square-foot group of three industrial/office business parks.
Class A Atlanta-Area Office Property Sells for $11M
NAI Brannen Goddard represented Pinnacle Cos., the seller of the 109,000-square-foot asset.
Douglas Emmett Commits More Deeply to CRE Fund
In a deal worth $95 million, the REIT brought its ownership stake in an existing unconsolidated real estate entity to nearly 90 percent.
Newmark Knight Frank Represents Nordblom Co. in Boston-Area Acquisition
Executive Managing Director Michael Frisoli brokered the $6.4 million transaction. Jam Holdings Inc. was the seller.