Business Specialties

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.

Mitsui Fudosan Takes 80% Stake in D.C.'s Homer Building for $252M

Mitsui Fudosan America Inc. has completed the acquisition of an 80 percent interest in The Homer Building, a premier office property just blocks from the White House in Washington, D.C.

Brookdale Acquires 1.4 MSF Dallas Office Complex

Brookdale Investors Six L.P. has just added 1.4 million square feet of Class A office space to its portfolio with the acquisition of The Towers at Williams Square in Irving, Texas.

Invesco Takes 220 KSF Boston Office Tower for $75M

An institutional client of Invesco Real Estate has set its sights on Boston, picking up a 220,311-square-foot Class A office property from Millennium Partners for the price of $75 million.

Chicago's 55 W. Monroe Sold to Hearn for $136M

In what Jones Lang LaSalle is calling “one of the Chicago market’s largest year-end transactions,” The Hearn Co. purchased 55 W. Monroe from LaSalle Investment Management for $136 million.