Business Specialties
Unibail-Rodamco to Acquire Westfield in $16B Deal
Expected to close in the second quarter of 2018, the transaction would create a global company with a gross market value of $72.2 billion and 104 assets in many of the world’s most attractive retail markets.
L&L Signs Shiseido to 226 KSF in New York City
The cosmetics firm will relocate its Manhattan headquarters to 390 Madison Ave., a 900,000-square-foot redevelopment project the real estate investment firm is undertaking in a partnership with Clarion Partners LLC, on behalf of the New York State Common Retirement Fund.
CH2M Center Lands Hefty Recapitalization
The 10-story office tower offers a mix of traditional and creative space, with views of downtown Portland. The building is 87 percent leased to nine tenants.
CBRE Arranges 67 KSF FL Industrial Leases
The team of Tom O’Loughlin and Larry Genet worked on behalf of the landlords in securing three new industrial leases in South Florida.
CBRE To Lease New Atlanta Office Development
The 12-story office tower, which is slated for completion by 2020, will be a part of Simon Property Group’s redevelopment of Phipps Plaza.
San Jose Office Portfolio Changes Hands for $128M
The portfolio includes two office towers totaling 411,544 square feet in downtown San Jose. A joint venture between Harvest Properties and Invesco sold the assets.
TX MOB Opens Doors
Code 3 Emergency Room & Urgent Care is open from 7:00 a.m. to 9:00 p.m. every day, including on weekends and holidays.
Huffman Signs 5-Year Health-Care Lease in TX
Texas Pain Management Institute will occupy more than 4,000 square feet on Oakwood Medical Park’s second floor. The property was renovated in 2016.
Compass Self Storage Buys Atlanta-Area Facility
The 58,000-square-foot facility, which is located in Snellville, Ga., marks the 11th Compass Self Storage facility in the greater Atlanta market.
43 KSF Mixed-Use Cambridge Asset Changes Hands
Boston Residential Group sold 1280 Massachusetts Ave.—a five-story, 43,120-square-foot office and retail building near Harvard University—to Intercontinental Real Estate Corp.