Business Specialties
CoreNet Global: For Corporate Real Estate, the Future is Now
For the 1,800 professionals attending the CoreNet Global fall summit in Atlanta this week, the office of the 21st century is an ever-pressing concern and attendees examined the complex links between technology, generational preferences and the effective use of office space.
HFF Arranges $125M Financing for L.A. Office Portfolio
In the slowly expanding Los Angeles office market, Holliday Fenoglio Fowler has arranged a $124.9 million refi package for four office properties that total 543,162 square feet in Burbank and L.A.
Western National, Nor’Wood JV to Build 3 Colorado Multi-Family Projects
Counting on the strength of the Colorado Springs apartment market, a new joint venture of Western National Realty and Nor’Wood Development has announced plans to build three projects in the area beginning early next year.
Vornado Makes Sales to “Focus on Core”
Vornado has entered into a $228 million deal to sell the 1.2 million-square-foot 350 West Mart Center office building in Chicago and signed a separate agreement to fork over ownership of four mixed-use retail assets in Manhattan for $78 million.
Kemper Arena Will Be Demolished to Make Way for New Financially Viable Facility
By Gabriel Circiog, Associate Editor The American Royal Association and the Kemper family announced plans to tear down Kemper Arena and build a new Agricultural Events Center. Built in 1974, the arena was initially intended to host only American Royal events but it expanded into a full civic arena. The Kemper family provided the land […]
H&R REIT Picks up Two Gotham in Metro NYC for $415.5M
Canada-based H&R REIT has just made another marquee pickup, adding the newly constructed Two Gotham Center in Long Island City, N.Y., to its oversight for $415.5 million.
One Week, Nearly One Billion in Deals for Morrison & Foerster
Morrison & Foerster’s real estate group this week alone has represented three deals to the tune of nearly $1 billion and its chairman says Manhattan continues “bucking the trend” in CRE.
Sperry Van Ness Makes Entrée into NYC Market
SVN is opening a New York City office, to be called Sperry Van Ness | RealSite Group, and will be headed by managing director Anthony Casalena.
Kilroy, JLL Sign 630 KSF Lease for DirecTV’s HQ
Direct-satellite broadcast provider DirectTV has signed a 15-plus year lease of 630,000 square feet for the company’s new headquarters in El Segundo, Calif.
NYC Mayor Reveals Luxury Plans for Hudson Yards Development
Luxury goods manufacturer Coach Inc. has become the catalyst for the first building at Hudson Yards, the 26-acre mixed-use project that will serve as the jumping-off point for the reinvention of the entire 300-acre neighborhood on the West Side of Manhattan.