Business Specialties
San Diego Office Market Heading for a Shift
The metro is slowly transitioning toward a landlord’s market as vacancy rate slides to record lows. Stream Realty Partners Managing Director Bret Morriss discusses the context and arising opportunities.
JLL Secures $87M Refi for Multi-State Storage Portfolio
The firm’s Capital Markets team arranged the loan on behalf of SROA Capital.
CBIZ Signs Indianapolis Office Lease
Rubenstein Partners and SCP plan to invest $20 million in improvements at the PARC, a full-service tenant amenity center opened in 2018.
Blackstone Strikes $2.9B Deal for Great Wolf Resorts
An affiliate will take a majority stake in the family-oriented entertainment company, which specializes in water park-themed properties.
Fear of Economic Slowdown Hits Europe’s CRE Market
Investment volume declined in most of the region’s countries in the first half of 2019, according to a new report by RERC.
Hilton Opens 2nd NYC Conrad Hotel
The 54-floor property in Midtown Manhattan is close to various museums and other touristic attractions.
Q&A: An Under-the-Radar Look Beyond Late-Cycle Plays
DLA Piper’s John Sullivan ties together key points from the law firm’s 15th Global Real Estate Summit in Chicago.
Manhattan Office Lands $110M Refi
Newmark Knight Frank worked on behalf of CheerLand Investment Group to secure a floating-rate loan provided by Bank of China.
Downtown DC Office Sells for $70M
Credit Suisse purchased the 134,964-square-foot building for twice the price it traded for in 2003. JLL advised the seller in the deal.
The William Warren Group Grows Arizona Storage Portfolio
The company has expanded its footprint with the acquisition of a 524-unit facility in Buckeye.