Business Specialties
Savills Launches Coworking Platform PIVOT
The fully integrated service will be rolled out exclusively in the U.K. and will offer an all-inclusive price point for tenants.
Atlanta Office Property Trades for $120M
Farallon Capital Management and Crocker Partners intend to invest in renovations of the common areas and amenities at the 646,471-square-foot former headquarters of The Home Depot.
Sterling Bay Opens Fulton Market Hyatt
The 200-key extended-stay hotel broke ground in 2018, with the developer financing the project through a $42 million construction loan.
New York Self Storage Portfolio Receives $49M Loan
The three properties encompass a total of 176,000 square feet and benefit from strategic positioning in the Bronx, Mt. Vernon and New Rochelle.
Skanska Agrees to $152M Helsinki Office Sale
The 190,000-square-foot development, set to become the headquarters for the European Chemicals Agency, is under construction and anticipated to be delivered by the end of 2019.
Brasa Capital Closes First Fund With $120M in Commitments
The investment vehicle, which is targeting middle-market opportunities mainly in the Southern California region, exceeded its fundraising goal by $20 million.
BB&T, SunTrust Take Big Lease at Charlotte Trophy Tower
With a merger in the works, the financial institutions commit to more than half of Cousins Properties’ 970,000-square-foot Hearst Tower. Also included in the deal: an option to buy the property.
Big Tech Reveals Smart Building Strategies
Experts from Facebook and Google provide insights on optimizing user experiences at this year’s Realcomm conference in Nashville.
Magnolia Capital JV Buys Nashville Office Portfolio
The two Class B properties traded for $32 million. The buildings add up to more than 125,000 square feet and are located in the Brentwood submarket.
Bulls Outnumber Bears in CRE C-Suites
Though it acknowledges a wide variety of obstacles and headwinds, Akerman’s annual survey indicates a perhaps surprising degree of optimism among executives.