Business Specialties
American Campus Communities Takes $208M in Student Housing
American Campus Communities Inc. has just expanded its portfolio by nearly 2,000 beds with the acquisition of 26 West Apartments in Austin and the purchase of a controlling stake in The Varsity in College Park, Md., for a total of $208 million.
Exclusive: Industrial Back to Pre-Recession Levels, According to Cushman
New leases for industrial properties “returned to levels not seen since prior to the 2008/9 recession,” according to a new fourth-quarter 2011 report by Cushman & Wakefield Inc.
Vestar to Manage 1.1 MSF Phoenix Mall
Coventry Real Estate Partners has tapped Vestar to manage Christown Spectrum Mall, a 1.1 million-square-foot, super-regional retail destination in Phoenix.
Marcus & Millichap Opens Office in White Plains, N.Y.
It’s not just Manhattan that’s attracting investors to New York, and Marcus & Millichap Real Estate Investment Services has made a move to expand its services in the state with the opening of a new office in White Plains.
Record-Breaking Historic Redevelopment Moves Forward in Massachusetts
The town of Quincy, Mass., has taken the next step in its future plans. A partnership with the city’s Street-Works Development and The Beal Cos. has committed to drive forward a $1.6 billion redevelopment of Quincy’s Downtown.
CBRE: Manhattan Office Market's Rebound Continues
According to a briefing by CBRE Group, the office sector’s recovery continues to be hit-and-miss around the country, but in the nation’s largest city, 2011 marked another year of steady improvement.
Nine-Property Seattle M-F Portfolio Gets $155M Freddie Refi
Financing to the tune of $155.3 million has been put in place for a 2,184-unit apartment portfolio in metropolitan Seattle by CBRE on behalf of owners Holland Partner Group and Invesco.
Jones Lang LaSalle Named Preferred Global RE Services Provider for Volvo
Under a global framework agreement signed by both companies, Volvo Cars Corp. has chosen Jones Lang LaSalle as its preferred real estate services provider worldwide.
Newmark Knight Frank Takes More Than 900 KSF of Atlanta Industrial Leasing
Newmark Knight Frank has been tapped to provide leasing services for a 900,000-square-foot industrial flex portfolio near Atlanta, Commercial Property Executive has learned.
Stephannie Mower: Investment Opportunities
Stephannie Mower, managing director of investment client services at Berkadia, comments about the commercial real estate investment climate, challenges, opportunities and her approach to advising clients.