Business Specialties
Pier 1 Imports HQ in Fort Worth Changes Hands
CBRE arranged the sale of the 409,977-square-foot Class AA trophy tower on behalf of the seller, Hines, which purchased the property back in 2014 for $83.2 million.
MetLife, State Street Team Up in $2B Co-Lending Deal
The multi-year partnership marks State Street’s debut in CRE financing. The co-lending program will be targeting a variety of product types nationwide, including office, industrial, multifamily, retail and hospitality assets.
South Bay Office Asset Nets $180M
A joint venture between Northwestern Mutual and McCarthy Cook purchased the Class A Mountain View property, which contains nearly 115,000 square feet across three buildings.
L’Oréal Inks 240 KSF Lease in Southern California
Co-developers Majestic Realty Co. and Tejon Ranch Co. secured a commitment from the beauty company to house the distribution operations of its SalonCentric subsidiary.
Solar Rooftop System Atop MD Retail Asset Begins Operations
The system marks Safari Energy’s eighth project in the state and the fifth installation with PREIT, the owner of Francis Scott Key Mall.
Denver-Area Hotel Changes Hands
Ascent Real Estate facilitated the sale of Rodeway Inn in Estes Park. The area attracts approximately four million tourists each year due to Rocky Mountain National Park.
ENGIE North America Closes Financing for 200MW TX Wind Project
Bank of America Merrill Lynch, Rabobank, BofAML Global Commodities and ENGIE Energy Marketing NA Inc. were involved in the deal.
Rockport’s Cove Harbor Marina Nears Reopening
Wiped out by Hurricane Harvey last year and now completely reconstructed, the facility is reportedly the largest of its kind in the area.
Ramboll to Lead New Jersey’s OSW Strategic Plan
The Denmark-based global engineering, design and consulting firm is set to facilitate the development of the state’s Offshore Wind Strategic Plan.
Lengthy Bull Run Benefits Fringe Markets: Berkadia
This podcast interview with the firm’s Executive Vice President & Head of Production Ernest Katai includes an analysis of U.S. debt and equity trends, late-cycle investment opportunities and risks that the company is monitoring.