Business Specialties
Hersha Hospitality Refinances $300M Term Loan
The REIT took advantage of the interest rate environment to fix or hedge most of its outstanding debt in recent months, including refinancing two Manhattan hotels.
London Mixed-Use Tower Lands $121M Loan
LaSalle Investment’s Real Estate Debt Strategies III fund financed Manhattan Loft Gardens, a 42-story hotel and residential tower.
Matthews Real Estate Arranges San Jose-Area Retail Lease
The brokerage firm worked on behalf of the tenant to secure the space at Santa Clara Marketplace.
Washington Prime Group JV to Develop Youngstown Mixed-Use Project
The athletic and entertainment green space and event venue will be located on the site of a former Sears department store.
Vintage New Jersey Mall Eyed for 21st-Century Makeover
With a $73 million loan in hand, Advance Realty Investors will transform an early-1970s property into a modern open-air center.
Colliers Represents Rockford Construction in Michigan Office Lease
The tenant is engineering consultants firm Hubbell, Roth & Clark Inc., which relocated offices and doubled its footprint in Grand Rapids.
California Life Science Asset Sells for $26M
Harbor Associates sold Think Here, a 160,980-square-foot life science/ R&D campus in Thousand Oaks, Calif.
Tampa Bay Office Campus Commands $45M
Taurus Investment Holdings acquired the four-building asset in Sarasota, Fla. JLL represented the seller and procured the buyer.
HCP to Acquire Cambridge Building for $333M
The Davis Cos. and Invesco Real Estate developed the LEED Gold-certified property in 2018. The transaction is expected to close by year-end.
New Details Revealed for $7.5B Las Vegas Smart City Project
Bleutech Park Properties’ mammoth development aims to become the first net-zero, smart, connected and safe city in the world.