Business Specialties
Europe’s Coworking Sector Continues to Blossom
Cushman & Wakefield’s latest Hotspot Index examines 40 European cities in its forecast of where the flexible workspace trend will next take hold.
Silicon Valley Hilton Hotel Sells for $59M
Somera Capital Management and Tyler Development Corp. picked up the 169-key property at The Pruneyard, a 27-acre mixed-use development in Campbell, Calif.
Cayuga Capital Secures $22M for Brooklyn Retail Conversion
The landlord has already locked down a long-term tenant for the entire building—California-based Vital Climbing Gym will open its first East Coast location in April 2020.
Healthcare Realty Trust Acquires 2 MOBs for $46M
The properties, which together total 158,338 square feet, are located on the Inova Fair Oaks Hospital campus in Fairfax, Va.
JLL Secures $67M for Downtown Manhattan Mixed-Use
Developers East End Capital and K Property Group are moving forward with construction of the 63,000-square-foot office and retail property, with financing from Capital Source and Canyon Partners Real Estate.
HFF Brokers $8M Industrial Sale in NJ
The team of Jose Cruz, Kevin O’Hearn, Steve Simonelli, Michael Oliver, Jordan Avanzato, Marc Duval and J.B. Bruno facilitated the deal on behalf of the seller.
Single-Tenant WI Retail Asset Trades for $3M
Quantum Real Estate Advisors brokered the disposition of a fully occupied, 4,442-square-foot building in Fitchburg. The tenant has a remaining 20-year term on the lease.
Executive Q&A: Capital Structure Is King
Following his firm’s purchase of Central Park Capital Partners, Berkadia’s Ernest Katai offers insights on the competitive debt and equity markets and late-cycle activity.
CBRE Strengthens Tampa Office Leasing Team
K.C. Tenukas and Ryan Reynolds have a combined experience of more than 20 years. They both have joined CBRE from Cushman & Wakefield.
Durst Org. Secures $120M Loan for NYC Office Condo
Acting as administrative agent, Capital One provided financing for the 150,000-square-foot space at 855 Avenue of the Americas.