Business Specialties
Phoenix Retail Center Trades for $20M
Executive Managing Directors Ryan Schubert and Michael Hackett of Cushman & Wakefield brokered the sale of the 90,264-square-foot Madison Village Marketplace.
Major Renovations Planned for Houston Office Tower
Keppel-KBS US REIT’s 400,000-square-foot building will feature upgrades intended to maximize the property’s appeal to multiple generations of workers.
Clarion Acquires Logistics Player Gramercy Europe
The $50 billion New York-based real estate investment manager has augmented its $16 billion, 700-property logistics portfolio by buying a majority stake in the European platform.
Flag Luxury Lands Equity Partner for $508M NYC Project
EB5 Capital made a $125 million investment in the 250-key Ritz-Carlton development, which is currently under construction in Manhattan’s NoMad area.
Thor Equities to Buy Paris Office Building for $56M
The asset, located in the popular Saint-Germain district, is considered an architectural landmark and is occupied by French bank Société Générale.
SMCP Brands Relocates North American HQ
The company will also move its showroom to EQ Office’s recently renovated office tower and take up an entire 17,337-square-foot floor.
NJ Shopping Center Adds New Tenant
Asian Food Markets signed a lease to occupy 43,152 square feet in Onyx Equities’ Plainsboro Plaza Shopping Center, becoming the property’s anchor tenant.
Parbel Renews Miami HQ Lease
The L’Oreal subsidiary keeps the 43,624-square-foot space in the largest office lease in the Airport West submarket.
BioMed Realty Inks 114 KSF Lease in Cambridge
Cyclerion Therapeutics, which has recently separated from Ironwood Pharmaceuticals, will occupy space in the city’s life science hub, alongside Synlogic and Biogen.
Pebblebrook Sells DC Hotel for $111M
A joint venture between Metrovest Equities and BLDG Management acquired the asset and plans to convert it into a YOTEL-branded property.