Business Specialties
New York Life REI Provides $915M for Industrial Portfolios
Singapore-based Mapletree Investments’ 17.2 million-square-foot collection of assets, consisting of 100 buildings across the U.S., served as collateral for the fixed-rate financing.
PwC-Anchored Office Tower Tops Out in St. Louis
The Class A building is part of the second phase of Ballpark Village. The Cordish Cos. and the St. Louis Cardinals are in charge of the $260 million mixed-use project.
Meridian Capital Arranges $100M Refi for Manhattan Office
Princeton International Properties owns the 25-story building in the borough’s Financial District. The property includes more than 18,000 square feet of retail space.
Growth Potential in New Construction for PACE Industry
With energy consumption, carbon emissions and climate change becoming more pressing issues, many panelists at PACENation Summit in Austin were optimistic about C-PACE’s future.
Research Triangle Office Building Changes Hands in $58M Deal
Global medical device company Align Technology, a tenant of Forty540 since it opened in 2017, acquired the asset in Morrisville, N.C., from its developers.
Law Firm Relocates New Jersey HQ
DeCotiis, FitzPatrick, Cole & Giblin signed an 11-year, 42,000-square-foot lease with Onyx Equities and Garrison Investment Group, moving from Teaneck.
Skiles Group, Covenant Health Break Ground on TX Hospital
The short-stay surgical center in Lubbock is expected to employ 250 caregivers and 50 physicians, with completion planned for the end of 2020.
Howard Hughes Corp. Lands Law Firm for Chicago Trophy Tower
Morgan Lewis & Bockius leased three floors at 110 North Wacker Drive, a 1.5 million-square-foot West Loop project scheduled for completion in 2020.
JV Acquires Suburban Atlanta Office Property
Granite Properties has sold a two-building, Class A office property in the city’s North Fulton submarket. CBRE represented the seller in the transaction.
Stewart Trial Attorneys Signs Lease in Downtown Atlanta
The law practice will occupy 12,020 square feet in a Class A tower located near the Downtown Connector. Ackerman & Co. represented the tenant in the lease transaction.