Business Specialties
Lionsgate Entertainment Signs 60 KSF LA Lease
JLL negotiated the lease for 60,166 square feet of space at the 200,000-square-foot Santa Monica Gateway, where Lionsgate will house its newly acquired STARZ.
Amazon to Add 4th Facility in Ohio
Developed by IDI Gazeley, the upcoming 1 million-square-foot fulfillment center is set to bring 1,000 full-time jobs to Monroe.
M-M Properties Lands Refi Loan for Houston Tower
Designed by Phillip Johnson and John Burgee, the 56-story, 1.2 million-square-foot 700 Louisiana is currently 90 percent leased. HFF secured the loan on behalf of the borrower.
Don’t Let Taxing Authorities Kill Your Deal
Tips from a veteran attorney on handling the assessments that can spell the difference between a successful closing and coming up short.
CenterSquare Spins Off from BNY Mellon
The firm, set to be sold to its management team and private equity firm Lovell Minnick Partners, has $9 billion in U.S. assets under its umbrella, as well as global real estate and infrastructure investments.
Bedrock Reveals $2B, Multi-Project Plan for Detroit
New buildings and renovations will expand the city’s office, residential, retail and hospitality offerings, continuing the city’s transformation into a magnet for businesses and visitors.
Madison International Buys Forest City Retail Stake for $1B
The company, which already owns a 49 percent stake in the New York City properties, is acquiring the remaining 51 percent interest from Forest City Realty Trust.
Philly-Area Gateway at Greenway Park Tops Out
The mixed-use project in Bethlehem, Pa., will include a 600-space parking, office and retail space. St. Luke’s University Health Network and Lehigh University are among the building’s anchor tenants.
San Diego Office Property Gets New Owner After 60 Years
Kennedy Wilson represented the seller of the leasehold interest in the property and the buyer of the fee interest in the land. The Little Italy asset traded hands for the first time in 63 years.
Newport Beach Office Tower Trades for $76M
American Realty Advisors sold 4100 Newport, a 190,400-square-foot office tower in Orange County, Calif., to Olen Properties in a transaction that’s been deemed the area’s largest office sale by price per square foot.