Business Specialties
CBRE to Lease Redeveloped Houston Office Towers
CBRE’s Warren Savery and Jason Presley will spearhead leasing efforts at the LEED Gold-certified buildings, known as Park Towers North and South.
CBRE Pays $97M for Stamford Towers
SL Green and TH Real Estate sold the two buildings after completing a series of significant upgrades that involved building a new fitness center, basketball court and conference facility.
Hilton Expands NYC Footprint
The iconic ONE UN New York has relaunched as Millennium Hilton New York One UN Plaza, following a multimillion-dollar renovation. The hotel will be the seventh New York City property managed by Hilton Hotels & Resorts.
Miami Metro MOB Lands $31M Loan
Berkadia arranged for a three-year, floating rate bridge loan provided by Silverpeak Argentic, for the 186,000-square-foot Jupiter Medical & Technology Park.
Geolo Capital JV Scores $80M for Seattle Mid-Rise
PCCP provided the senior loan for the 12-story, mixed-use project that includes a 155-key Thompson Hotel and 93 apartment units.
$2B Times Square Project Lands New Partner
L&L Holding joined Maefield Development, Fortress Investment Group and the Nederlander Organization in the transformation of 1568 Broadway in Manhattan.
Duong Retail Closes Inland Empire Record Sale
The company closed escrow on a retail center in Riverside, Calif., and a Black Bear Diner in Chino, Calif., for a total of $9.9 million, at a record cap rate.
Dedeaux Breaks Ground on LA Industrial Campus
Dubbed Echelon Business Park, the 247,000-square-foot development will comprise seven free-standing buildings ranging from 27,438 to 43,166 square feet.
Inland Real Estate Closes Houston MOB Acquisitions
The company purchased two US Pain & Spine medical office buildings: the Houston Hospital for Specialized Surgery and the USPS Surgical Institute.
Perennial Ponders $1.2B Sale of Singapore Skyscraper
A group of investors led by Perennial Real Estate Holdings is contemplating the sale of the AXA Tower, the city’s sixth-tallest building located in the central business district.