Business Specialties
HDR Opens New LA Studio
The architectural, engineering and consulting firm leased more than 25,000 square feet of office space in downtown Los Angeles. The company selected Usman Tariq to lead the new location.
Dominion to Power Facebook’s $1B VA Data Center With Solar
The company will expand its photovoltaic portfolio to meet the needs of Facebook’s recently announced 1 million-square-foot Virginia facility.
Japanese Company Buys NYC Office for $468M
UNIZO Holdings purchased 685 Third Ave., a 31-story building in Midtown Manhattan, from a joint venture between TH Real Estate, an affiliate of Nuveen, and Future Fund of Australia.
L&L Holding, JP Morgan Form JV to Invest $4B in NYC CRE
The new $500 million partnership will acquire and develop properties throughout the Big Apple, with a strong focus on value-add office assets in Manhattan.
True North Expands Canada Office Footprint
The REIT paid $106.1 million to acquire five Class A buildings in Victoria, Greater Toronto, Ottawa, Halifax and Cambridge, offering a combined 492,900 square feet of rentable space.
Choice Opens New Orleans Hotel
The newly constructed, 162-key Warehouse District property is situated within the central business district and close to the French Quarter.
Canyon Square Plaza Trades for $23M in Santa Clarita
Kimco Realty REIT sold Canyon Square Plaza to a private high-net investor. The occupancy rate of the property was 96 percent at the time of the sale.
177 KSF San Diego Office Asset Lands Refi
Working on behalf of Cruzan, CBRE secured a $41.2 million senior loan for the refinance and lease-up of creative office asset Make in Carlsbad, Calif.
Clarion Partners Lands $105M for LA Industrial Facility
HFF arranged a floating-rate loan with a foreign bank for The Brickyard, a two-building, one million-square-foot property located in Compton, Calif.
Zeller Taps JLL to Lease Atlanta Office Tower
The real estate company acquired 100 Peachtree in May and has selected design and architecture firm Gensler to spearhead renovations at the property.