Business Specialties
Kaufman Coughs Up $56M for 120 KSF Office Building in Manhattan’s Midtown South
In Manhattan’s thriving Midtown South submarket, the office property at 27–35 West 24th St. has just come under new ownership.
Pasha Group Sells Prime Midtown Manhattan Development Site
Pasha Group sold 546 W. 44th St., a prime development site located between 10th and 11th avenues in New York City’s Midtown West submarket. Cushman & Wakefield Inc. represented the company in the deal.
Kilroy to Develop 587 KSF Silicon Valley Office Project for LinkedIn
Kilroy Realty has acquired a 12-acre parcel in Sunnyvale, Calif., where it will build a 587,000-square-foot office complex for popular professional network LinkedIn, under a 12-year leasing agreement and development deal worth $315 million.
Special Report: Off-Campus Housing to Remain Supply Constrained for Foreseeable Future
Campus Crest Communities provided valuable insight on trends impacting the student housing industry earlier this week at its 2012 Investor Day, held in the NYSE boardroom.
Stockholm’s Kista Galleria Shopping Center Sells for $700M
Citycon Oyj, a subsidiary of Gazit-Globe Group, and the Canada Pension Plan Investment Board (CPPIB) have entered into definitive agreements to acquire the Kista Galleria shopping center in Stockholm from DNB Livsforsikring ASA.
Skanska Closes Land Purchase for 455 KSF Boston Office Project
Boston remains high on Skanska USA Commercial Development’s radar and the company has just made another move toward increasing its presence in the city.
Lynd, Endeavor Start 36-Story Apartment Tower in Austin
Lynd, of San Antonio, and Endeavor Real Estate Group, of Austin, have begun construction on The Bowie, a 36-story, 358-unit luxury apartment building in downtown Austin.
Turning Green: Chuck Leitner Presents Greenprint Research
ULI Greenprint Foundation Chairman Charles B. Leitner III talks about plans for research into better real estate efficiencies and sustainability measures as the organization signs on more members worldwide.
Friedland Properties Buys NYC’s 706 Madison Ave. for $142M
JLL represented BNY Mellon in the sale of 706 Madison Ave., a 19,100-square-foot, premier retail building that was sold to Friedland Properties for $142 million.
WNC Closes $124M Federal Low-Income Housing Tax Credit
WNC finishes out the year on a high note with the closing of a $124 million federal low-income housing tax credit fund that will be invested in 20 affordable housing projects across the United States and a Hawaii state tax credit fund of almost $5 million that will be used for a seniors housing project in Honolulu.