Business Specialties
CPPIB Expands into Brazil with Global Logistic Properties Partnership
Canada Pension Plan Investment Board announced its entering into a JV with Global Logistic Properties, the world’s second largest owner of industrial property, entailing the purchase of two Brazilian logistics portfolios.
New Tenants Signed at Bronx’s 285 KSF Throggs Neck Shopping Center
The Throggs Neck Shopping Center in the Bronx, N.Y., will not open its doors until early 2014, but already the tenant roster is beginning to fill up with national and local businesses.
Zeckendorf Kicks Off Development of $500M Condo Project Near United Nations
A groundbreaking event has marked the start of 50 United Nations Plaza, an upscale condominium property adjacent to the United Nations headquarters in Manhattan.
Decron Properties Acquires 397-Units for $70M in M-F Deal in Simi Valley
Decron Properties Corp. continues its two-year focus on the multi-family market with its latest acquisition – Creekside Apartments, a 397-unit community in Simi Valley, Calif.
HFF Closes Sale of 177 KSF Office Building in Houston to International Buyer
Holliday Fenoglio Fowler represented an institutional owner in the sale of 777 Post Oak Blvd., a 176,799-square-foot office building in Houston’s Galleria/West Loop submarket.
Ningxia International Conference Center–Bringing China and Islam Together in More Ways than One
The China-Arab States Economic and Trade Forum is set to move into a new home, as the Ningxia International Conference Center is well into its development process.
JLL’s Dan Probst Wins Next-Gen Buildings Award
Jones Lang LaSalle has garnered a new claim to fame in the sustainable development arena. Its very own Dan Probst, the commercial real estate services firm’s chairman of energy and sustainability services, just became the recipient of the very first VERGE 25 Award in the category of Next-Gen Buildings.
Binswanger Arranges Sale of R.I. Industrial Facility
On behalf of Shamrock Associates L.L.C., Binswanger has brokered the sale of a single-story manufacturing building on 94 acres on Chase Hill Road in Ashaway, R.I.
Muss Signs FEMA to 200 KSF Lease for Sandy Regional HQ in Queens; IndCor Donates Space to Red Cross
FEMA has leased about 200,000 square feet at Forest Hills Tower in Queens to serve as its New York City headquarters while it helps residents and business owners in the region recover from Superstorm Sandy. At the same time, IndCor Properties donated 126,000 square feet of space to the American Red Cross, located near hard-hit areas.
Tishman Lands 129 KSF Tenant at Boston’s One Federal Street
Tishman Speyer, owner of the 1.1 million-square-foot tower, just signed an agreement with Iron Mountain for the information storage and management company to occupy the space as its headquarters under an 11-year lease agreement.