Business Specialties
Easterly Government Closes $128M Medical Financing
The 10-year non-amortizing loan is for the Department of Veterans Affairs Ambulatory Care Facility, located in Loma Linda, Calif. The asset was recently acquired by Easterly Government Properties.
Castellum Builds Sweden’s First WELL-Certified Building
The company’s investment is estimated at $41 million, including the acquisition of land for the property. The building dubbed Eminent, will offer around 103,000 square feet of office space.
George Lucas Museum Gets Green Light
Designed by MAD Architects, the Lucas Museum of Narrative Art will feature an estimated 100,000 square feet of gallery space. The landmark will house a collection illustration, photography, film, animation and digital art.
Samsung Grows US Footprint With $380M SC Plant
Once up and running, the facility is expected to employ workers across a broad range of advanced manufacturing roles, including craftsmen, operators, engineers and other technical and non-technical positions.
Government Properties to Acquire First Potomac in $1.4B Deal
The resulting company will have an enterprise value of $4.3 billion, with gross assets of $4.1 billion. The transaction is expected to be completed by the end of 2017.
Suffolk to Head Construction of Coney Island Development
The company was tapped by Cammeby’s to oversee construction of a 42-story residential tower, parking, a 50,000-square-foot community facility and more than 100,000 square feet of retail space.
WPT Industrial Goes on $96M Shopping Spree
The REIT has agreed to acquire two distribution centers in Oregon and Texas. Combined, the properties offer more than 903,000 square feet of gross leasable space.
HFF Secures Financing for Florida Beach Hotel
The 123-key Days Inn Hotel will feature upon renovations two outdoor pools, upgraded landscaping, fitness and business center, as well as seven additional guest rooms.
Griffin Taps Transwestern to Manage Large Mixed-Use Portfolio
The portfolio encompasses more than 4.5 million Class A office and industrial space and is located primarily in the Southwest and West regions of the U.S.
Gladstone Buys Suburban Philly Office Asset
The firm acquired a 60,016-square-foot office building for $15.45 million. The property has been fully leased to construction contractor Jacobs Engineering Group Inc. since its completion in 1997.