Business Specialties
Ernst & Young Opens Hoboken Office
The 170,000-square-foot property will house more than 1,000 employees and is part of the EY@Work initiative, focused on integration, collaboration and innovation.
Bamboo Equity Acquires MO Office Asset
This acquisition marks the first purchase for the company’s Bamboo Micro Opportunity Fund I LP in Maryland Heights, and the second overall.
Preiss Acquires 1,180-Bed Student Housing Portfolio
The portfolio includes two properties serving the University of North Carolina, Charlotte. The acquisition was funded with a 10-year mortgage.
Ring Introduces New Security Products
Offering 1080p HD video, the company’s new Stick Up Cam can work both indoors or outdoors, while the elite version features both wired and wireless connectivity. The firm also offers new smart lighting systems.
Brooklyn Mixed-Use Development Lands $78M Loan
CW Realty will use the construction loan for the development of 187 Kent Ave., a mixed-use property located in the Williamsburg area of Brooklyn.
Intercontinental RE Enters NYC Market
The firm teamed up with a local investor for the acquisition and redevelopment of two office buildings in SoHo, which will result in 42,000 square feet of premier office space and a 4,500-square-foot, two-floor retail portion.
Ernst & Young Takes 54 KSF at Farinon Business Park
The global professional services firm will occupy an entire floor in one of the three buildings that form the business park owned and developed by R.L. Worth & Associates.
CRE in 2018: Change Is Afoot
The good times in the commercial real estate industry have continued to roll for more than a few years now, but something new is brewing, according to a report by commercial real estate services firm Avison Young.
DRA Advisors Sells Metro Atlanta Office Park
CBRE brokered the transaction and will retain leasing and management of the 1.2 million-square-foot asset, which includes 21 mid- and low-rise buildings along the I-85 corridor in Chamblee, Ga.
Shorenstein Snags US Bank Tower in Sacramento
With help from JLL, a joint venture between David S. Taylor Interests and Britannia Pacific Properties sold the 25-story Class A office high-rise at 621 Capitol Mall.