Business Specialties
Transwestern Nabs 2.5 MSF Industrial Portfolio
The company has acquired nine properties in St. Louis and Indianapolis, expanding its Midwestern portfolio to more than 10 million square feet.
Silicon Valley Office Portfolio Lands $195M
On behalf of Preylock Real Estate Holdings, Meridian Capital Group arranged a seven-year floating-rate loan that features an initial five-year term followed by two, one-year extension options and full-term interest-only payments.
Workplace Wunderkind: Avison Young’s Jonathan Larsen Opens Doors for Corporate Occupiers
As a freshman at the University of Washington, Jonathan Larsen figured he would follow in his uncle’s footsteps and practice dentistry. Instead, he took to heart his uncle’s suggestion to pursue a faster-paced—and ideally, more lucrative—field.
JV to Open 708 KSF IN Warehouse
The build-to-suit facility is scheduled for completion in the first part of 2018. The asset is expandable to 1,046,528 square feet and is located in the AllPoints Midwest industrial park.
CBRE Global Investors Closes Asia Value-Added Fund
CBRE Asia Value IV and its co-investment vehicles are expected to have more than $2.5 billion in buying power. The investment team has acquired or committed $1.1 billion to five investments, primarily in logistics assets in Japan and China.
UPMC to Build Pittsburgh Hospitals for $2B
The health care provider will develop three cutting-edge specialty hospitals totaling more than 1.6 million square feet in the Steel City’s metro area.
CRE’s Crystal Ball: Executive Predictions, Past & Present
In this continuing series marking CPE’s 30th anniversary, seasoned executives reflect on past predictions and discuss what’s on the industry’s horizon.
Marcus & Millichap Arranges Loan for FL Hotel Buy
The $15.9 million loan was used to purchase two properties located in Apopka, Fla., less than 15 miles from Orlando.
Capital One’s Walk on the Wild Side of Workplace Design
In a time of rapid change for the corporate office, the financial services firm’s workplace solutions team tells the story behind the signature design of its Chicago location.
Intervala Inks New Long-Term Lease with RIDC
The high-tech electronics manufacturing company signed a five-year agreement for 135,000 square feet at the newly-rehabilitated Keystone Commons in Turtle Creek, Pa.