Business Specialties
HFF Arranges $114M Financing for Cousins’ 775 KSF Office Tower in Atlanta
When obtaining the billion dollars in cash for a recent office portfolio purchase, Cousins grabbed a little bit from here, a lot from there and additional funds from the $114 million financing of its 774,000-square-foot Promenade office building in Atlanta.
Orbach Buys 33-Building M-F Portfolio in Manhattan for $250M
In a two-part transaction, The Orbach Group has purchased a 33-building, 1,031-unit high-end multi-family portfolio on Manhattan’s Upper West Side for about $250 million.
Clarion Buys ‘Jewel Box’ Boston Building for $54M
One Liberty Square, a 13-story, 157,500-square-foot office building in Boston’s financial district, has been purchased for $54 million by Clarion Partners.
Hines Buys 2 More Logistics Facilities in Poland
Hines has acquired two logistics facilities in Poland, totaling seven warehouses comprising 753,200 square feet, via its Hines Russia & Poland Fund from TMW Pramerica Property Investment GmbH.
Washington Property Closes $75M Permanent Loan for M-F Asset in Suburban DC
Washington Property Co. has landed $75 million in permanent financing for Solaire-Metro, the CRE concern’s 295-unit luxury apartment community in the suburban Washington, D.C., city of Silver Spring, Md.
Macquarie REIT Acquires Double Retail Center in Mexico City for $153M
The Macquarie Mexican REIT has made a move into the Mexico City retail market with the purchase of two commercial properties in the capital’s metropolitan area for $153 million.
Google Leases Office Campus at Former Mall in Mountain View, Calif., from Rockwood, Four Corners
Google is leasing 500,000 square feet – the largest lease signed so far this year in Silicon Valley – at the former Mayfield Mall in Mountain View, which is being repurposed by Rockwood Capital and Four Corners Properties into Class A office space.
IMMOFINANZ Continues M-F Development in Poland with New Project
Leading property company IMMOFINANZ Group has started another multi-family development in Poland, called Riverpark, a 189-unit project in Poznań.
Kimpton to Redevelop Hotel Monaco in Pittsburgh
Kimpton Hotels & Restaurants is continuing expansion of its boutique hotels throughout the U.S., announcing plans to convert a nine-story, 110-year-old Pittsburgh office building into a Hotel Monaco with JV partner PMC Property Group.