Deals
Citigroup Takes Back Tribeca HQ for $2B
The leading global bank has announced it’ll be buying back its Tribeca headquarters from SL Green for $2 billion, with major renovations planned for the two-building property.
Kissimmee Shopping Center Picked Up by IMC Equity Group Affiliate
CBRE arranged the sale of Kissimmee Shopping Center, a 130,168-square-foot plaza that includes a one-acre outparcel suitable for future development.
The Richland Companies Acquires Houston Retail Complex
The 30,049-square-foot Lakes on Eldridge Centre was recently purchased by The Richland Companies.
SL Green Renews Omnicom in Historic News Building
Manhattan’s largest commercial property owner landed a 15-year lease renewal with Omnicom, keeping pace with the city’s strong leasing activity in 2015.
10 Hudson Yards Lands Last Corporate Tenant
Related and Oxford’s $20 billion development is now fully committed with Intersection and Sidewalk Labs’ purchase of the last big block of space at the skyscraper for its corporate headquarters.
Winds of Change at the Westin
Crescent Hotels & Resorts was announced as the new manager of the hospitality facility.
CBRE|Raleigh Announces Sale of Falls Valley Drive Medical Office Building
In a $5.29 million sale-leaseback deal arranged by CBRE, Capital Square Holdings has acquired a medical office building in Raleigh.
Yellow Fever Adds Second Location in Silicon Beach
Yellow Fever had expressed interest in the Silicon Beach submarket, and tapped Kennedy Wilson to find an opportunity.
Blackstone Completes $8B Acquisition of BioMed Realty
BioMed Realty Trust has announced the completion of its acquisition by Blackstone Real Estate Partners VIII LP, one of the biggest recent REIT privatizations.
AccorHotels to Sell $550M European Portfolio
AccorHotels announces exclusive negotiations for the sale of 85 European hotels to a new operator.