Business Specialties
AGC Releases Report on Construction Employment
A new study from the Associated General Contractors of America found that construction employment expanded in the majority of U.S. metro areas, though growth remains sluggish or nonexistent in certain markets.
INTERNATIONAL: Hines Taps Aconex for Construction Management Services at Bayside Waterfront in Toronto
Hines has picked Aconex to provide construction management services for the first phase of infrastructure at Bayside Waterfront, a $910 million mixed-use waterfront development in Toronto.
Walker & Dunlop Structures Financing for 1,032-Unit M-F Portfolio
Walker & Dunlop has structured a financing package for Key Real Estate Co.’s acquisition of a 1,032-unit apartment portfolio in Texas and Louisiana.
Five Mile, Crocker Partners Sell Houston Office Tower to MetLife
The Lakes on Post Oak office complex is located in Houston’s Galleria/Uptown district.
INTERNATIONAL: P3 Acquires Major Logistics Portfolio in the Czech Republic for $690M
PointPark Properties’s acquisition of warehouses and development land is one of Europe’s largest real estate deals of the past decade.
Thor Refinances (Again) the Palmer House Hilton in Chicago
Thor Equities has completed a $420 million refinance deal for the historic Palmer House Hilton hotel in downtown Chicago.
KBS REIT III Acquires Atlanta Office Building for $132.5M
KBS Real Estate Investment Trust III has acquired 171 17th St., a 21-story, trophy-quality office building in Atlanta for $132.5 million plus closing costs from JP Morgan.
UPDATE: Servcorp Takes a Tower Floor at One WTC
Servcorp’s deal increases leasing momentum in the iconic tower as it prepares to open, notes Durst’s director of leasing there.
Servcorp Takes a Tower Floor at One WTC
Servcorp has leased a 34,775-square-foot tower floor in the 3 million-square-foot One WTC.
Servcorp Takes a Tower Floor at One WTC
Executive and virtual office space provider Servcorp joins Conde Nast in the iconic Lower Manhattan tower.