Business Specialties
Axel Springer Sells Berlin Assets for $865M
A Norwegian sovereign wealth fund is the new owner of the German publisher’s future headquarters, while a Blackstone joint venture acquired the company’s current home.
Xebec Targets E-Commerce Assets in Key Markets
HFF has secured a $46 million loan on behalf of the company’s first industrial portfolio, which includes warehouse buildings in Los Angeles and Chicago.
Delta Introduces Outdoor Energy Storage
The company’s new system has a high energy density and long lifecycle, making it well-suited for use in commercial and industrial buildings.
Skanska Names New President
Robert Ward will oversee commercial and multifamily development operations, succeeding Shawn Hurley, who was with the company for seven years.
Adobe Unveils UT, CA Expansion
The tech giant aims to add 5,000 employees and develop a fourth tower in San Jose, a second building in Lehi and lease two additional buildings in San Francisco.
Home2 Suites by Hilton Opens in Summerville
Everest Hotels Group owns the 93-key property, which offers tech-focused and eco-conscious amenities, as well as easy access to downtown Charleston, S.C.
ICM Acquires Suburban Atlanta Office Asset
The new owner awarded Lincoln Property Co. Southeast with the exclusive property management and leasing assignment of Jefferson Plaza.
CBRE Arranges $62M Sale of Golden Bear Plaza
Equus Capital Partners sold the three-building office complex to the East Coast operating platform of The Shidler Group, Alliance Partners HSP.
Avison Young to Lease The Edison Pembroke Pines
The third of TPA Group’s creative office campus concept will encompass two office buildings and a 5,000-square-foot central amenity structure.
NoVa Office Tower Lands $250M Refi
The transaction includes a future funding facility of up to $70 million that Monday Properties can use to lease and upgrade the 580,000-square-foot building.