Business Specialties
How a Rule Change Could Affect Renewable Prices
FERC’s first major review of its guidelines in nearly 40 years might alter renewable power producers’ ability to compete with conventional sources.
Angelo Gordon JV Scoops Up Singapore High-Rise for $396M
Keppel REIT has netted significant capital gains following the sale of the 250,000-square-foot Bugis Junction Towers.
Columbia Property Trust Buys Normandy Real Estate in Cash, Stock Deal
The $100 million deal further expands Columbia’s presence in New York, Washington, D.C., and Boston, where more than half of the REIT’s portfolio is located.
MetLife Funds $125M Long Island Office Refi
The joint venture ownership has invested millions of dollars to upgrade the complex in Lake Success, N.Y.
Work Begins on Virginia’s Tallest Timber Building
Apex Clean Energy’s new headquarters, scheduled for completion by mid-2021, will feature a wide array of sustainable features.
Jacksonville Retail Center Sells for $23M
JLL assisted Brixmor Property Group in the sale of a 112,613-square-foot, fully leased retail center, anchored by Best Buy, Urban Air Trampoline and Adventure Park.
5 Forces Directing CRE Capital Flows
Investors are driven in part by the reinvention of real estate, said Allianz’ Karen Horstmann at the New York University Schack Institute’s annual Women in Real Estate Symposium.
Hyatt Hotels Expands Hyatt Place Brand
The pet-friendly property in Flint, Mich., is located close to the Bishop International Airport and includes the brand’s signature amenities.
BPM Buys 2 California Office Assets for $120M
In two separate transactions, the company acquired a 117,739-square-foot asset in San Jose and a 109,948-square-foot building in Aliso Viejo.
Nuveen Boosts Boston Presence
The company has acquired 350 Washington, a Downtown Crossing retail property that has several major anchors including Marshall’s HomeGoods, TJ Maxx and Boston Sports Club.