Business Specialties

Durst Signs 2 More Leases at One World Trade Center

Conde Nast may have gotten all the headlines this week for its move into nearly 1.2 million square feet of space at the new One World Trade Center, but The Durst Organization keeps adding smaller tenants to the mix, including two companies this week.

Net-Lease Risks that Lenders Consider: Interview with Gary Mozer

Net-lease investments are often compared to having the security and cash flow of a bond investment, but a lender sees greater risks.

Village Green to Transform Historic Cincinnati Office Building into M-U Property

Luxury apartment owner Village Green has acquired the historic office building at 309 Vine St. in Cincinnati, with plans of redeveloping the 300,000-square-foot property into a mixed-use apartment destination.

Ivanhoé Cambridge Buys Interest in 2 Landmark Office Properties in Denver

Ivanhoé Cambridge has acquired a 40 percent interest in a portfolio of properties, which includes the U.S. Bank Tower, the Tabor Center and the adjacent Two Tabor development site, all located in downtown Denver.

PRES Signs Healthcare Company to 192 KSF Lease in Downtown Anaheim

St. Joseph Heritage Healthcare has signed the largest office lease in Orange County in 2014 with PRES Cos. at 200 Center St. in Anaheim.

INTERNATIONAL: Brookfield Begins Construction on $88M Senior-Living Community in Sydney

Leading global contractor Brookfield Multiplex has broken ground on an $88 million senior living community in Sydney’s Vaucluse suburb.

Douglas Wilson Cos. JV Buys 2.5 Acres in Tempe

Hayden House Tempe, a partnership among Douglas Wilson Cos., Hensel Phelps Development, and Karlin Real Estate, has acquired 2.51 acres in Tempe for from Michael Monti’s Catering.

Magellan JV Gets $80M Construction Loan for Miami M-F Tower

A joint venture of Magellan Development Group, Midtown Development and an unidentified institutional investor has secured $80 million in construction financing for Midtown 5, a 24-story luxury apartment tower in Midtown Miami.

Brookwood Trades 234 KSF Office Building in Denver

Brookwood Financial Partners has sold Denver Highlands, a nine-story, 234,423 square foot office building in Denver, three years after purchasing it from Legacy Partners.