Business Specialties
CBRE Global Buys 25 Medical Office Buildings
The 1.4 million-square-foot, 10-state portfolio will be operated by the seller, a joint venture of Kayne Anderson Real Estate Advisors and MBRE Healthcare.
Presidio Lands $62M Bridge Loan for Napa Valley Hotel
CBRE Hotels’ debt and structured finance team secured five-year financing for the resort, which opened this summer after renovation of an historic property and construction of six new buildings.
Structured Development Plans New Chicago Building
Structured Development plans a mixed-use building in one of the few remaining large sites near the North Branch Industrial Corridor. Construction will begin in the first part of 2018.
Mixed Signals: Will Deal Volume Pick Up in the Second Half?
At the beginning of 2017, many forecasters predicted a robust performance for office investment, even in the face of political and economic uncertainty. Though industry veterans maintain an upbeat outlook, signs for the rest of the year are not all promising.
Excel Snags 200 Keys in DC
The Hyatt Place Washington DC/US Capitol opened three years ago in the city’s burgeoning NoMa neighborhood.
Furniture Distribution Company Inks New Chicago Lease
A team of brokers from NAI Hiffman represented G Furniture Inc. in a new agreement for a space at Sun Gate Park. The company will relocate its Chicago distribution center to Lawndale for better transit infrastructure.
CBRE Scores Retail Assignment at Upcoming Suburban Miami Asset
Giralda Place is a recently topped off mixed-use development located in Coral Gables, Fla., comprising ground-floor retail, Class A office space and 33 luxury residences.
OC Corporate Campus Trades for $443M
The acquisition was financed with more than $100 million in cash and $339 million in loans. The complex consists of planned research-and-development and office space spread across four buildings.
Ridge Breaks Ground on 186 KSF Industrial Asset
Dubbed Ridge Brewster Creek II, the project is slotted for completion by December 2017. Newmark Knight Frank will handle leasing for the development.
HFF Closes MOB Portfolio Sale
IRA Capital LLC sold three Class A properties totaling 137,686 square feet in Dallas–Fort Worth and Austin, Texas. The assets are fully leased to long-term tenants.