Business Specialties
Costa Rica Office Park Commands $127M
Tim Gifford, managing director of CBRE Capital Advisors, Latin America, represented the seller in the disposition of the four-building asset.
DLA Piper Special Report: Deal Making in Uncertain Times
Following a surge in transaction volume last year, sellers are now hesitant. Some are looking for 2015 pricing in 2017, which buyers don’t want to offer.
Harvard Inks 61 KSF Lease in Cambridge
The Ivy League university expands its local footprint with plans to occupy an entire building for its growing information technology services department.
IKEA Taps Linkous Construction for 2nd VA Location
The proposed 338,000-square-foot IKEA Norfolk is aiming for a ground breaking in the fall, with the official store opening in spring of 2019.
Siemens Pumps $20M in Chicago R&D Hub
Dubbed The Siemens Building Technologies CPS Software House, the building will operate as a global software development competence center. The facility is scheduled to open in early October 2017.
Park Hyatt Brand to Debut in Mexico
Two new luxury hotels in Los Cabos and Mexico City are scheduled to open in late 2020 and early 2021, respectively. Both will feature guestrooms and residences.
Westfield to Debut $1B Century City Redevelopment in LA
With its big-ticket beautification process coming to a close, the 1.3 million-square-foot shopping center will have a grand opening on Oct. 3, presenting visitors with an additional 422,000 square feet of retail space, new outdoor plazas and a host of unique offerings, including the world’s first permanent Uber Lounge.
düber Secures $50M Funding for 15 Cannabis Distribution Centers
The company signed an agreement with Vacone Real Estate to acquire, fit out and master lease the properties, which total 400,000 square feet.
Integrated Health Campus Lands $53M Mortgage Financing
HFF’s debt placement team secured a 10-year, fixed-rate mortgage for the owners of a 10-year-old medical office building property in Allentown, Pa.
Thai Union Leases Building at Campus 2100
Thai Union North America will relocate its office to Campus 2100 in El Segundo, Calif. The new tenant will occupy the creative office space by the end of the year.