Business Specialties
JLL to Head Leasing for 201 KSF NJ Office Building
Accordia Realty Ventures tapped Jones Lang LaSalle to serve as the exclusive leasing agent for the Greenbrook Executive Center in Fairfield, N.J.
FelCor Sells Two Hotels—Latest Step in Portfolio Restructuring
FelCor Lodging Trust has sold two hotels, the 370-room Embassy Suites – New Orleans-Convention Center and the 296-room Embassy Suites – Nashville-Airport, for an aggregate price of $70 million.
Grosvenor Plans Second Condo in Popular Calgary Neighborhood
In Alberta, Canada, the Calgary condominium market is thriving and Grosvenor Americas, as evidenced by recent moves, has its finger on the pulse.
Rezidor to Open Park Inn by Radisson Astana in Kazakhstan
The Rezidor Hotel Group, a member of the Carlson Rezidor Hotel Group, has announced plans to open the Park Inn by Radisson Astana in Kazakhstan.
C&W Sells Premier Savannah Shopping Center on Auction.com
Cushman & Wakefield’s Retail Investment Advisors, along with Auction.com, have facilitated the sale of Abercorn Common, a 185,244-square-foot community shopping center in Savannah, Ga.
JLL Secures 811 KSF Office Lease for ExxonMobil Subsidiary in Calgary
Imperial Oil, one of Calgary’s largest corporations and an ExxonMobil subsidiary, is moving its headquarters from downtown Calgary to a 20-acre site that will be developed in the Quarry Park submarket in the Canadian city’s southeast section.
Two Connecticut M-F Properties Reel in $96M in Financing
LCOR has secured $96 million in financing for Greenwich Place and Greenwich Oaks two apartment communities offering an aggregate 396 units in Greenwich, Conn.
Cruzan|Monroe Nabs DiamondView Tower in San Diego for $121M
San Diego-based commercial real estate investor and developer Cruzan|Monroe, along with Cigna Investments Inc., have acquired DiamondView Tower, a 15-story 305,255-square-foot Class A office tower in San Diego for $121 million.
CBRE Acquires 369 KSF of Dallas-Area Buildings
Everything’s bigger in the Lone Star State, and so goes a recent transaction between Equity Office Properties Trust and a CBRE Global Investors Fund, which bought two Class A office buildings in North Dallas totaling 369,000 square feet for an undisclosed amount.
CNN’s DC Home Trades for $107M
The 298,500-square-foot office building at 820 First St. in the northeast sector of Washington, D.C., has come under new ownership.