Deals
I-88 Gateway Logistics Center Opens
Midwest Warehouse & Distribution System Inc. has signed a long-term lease agreement at the I-88 Gateway Logistics Center outside Chicago.
CDP Capital Signs On Avenue of the Americas
Cushman & Wakefield reps CDP Capital in a 19,066-square-foot lease in Midtown Manhattan.
Las Brisas Apartments Sold In Dallas
Fred Dumlao of the Office/Industrial Division of Henry S. Miller Company’s recently brokered the acquisition of Las Brisas Apartments in Dallas.
LRC Properties Acquires Charlotte Industrial Complex For $52.1 Million
A joint venture between LRC Properties L.L.C. and New York Life Real Estate Investors has purchased Logistics Pointe Distribution Center for $52.1 million.
Healthcare Realty Trust Buys California MOB
Healthcare Realty Trust grabs a 98 percent leased medical office building from Berkeley Land Co, in a Colliers-brokered sale.
Aaron’s Inc. Signs 10 Year Lease with Cushman & Wakefield
Rent-to-own retailer Aaron’s Inc. will relocate its IT operations into Parthenon Realty Investors’ office part in Atlanta.
February 2015 – Briefs/Leasing & Management
NGKF, TD Bank Sign with SL Green in Midtown Manhattan; Target Takes 900 KSF in Memphis; Verizon Wireless Signs NYC Flagship Lease with JEMB; Peak Campus Adds 3,155 Beds to Management Portfolio; KBS Secures 73 KSF in Chicago Leases; Philly Market Project Lands First Major Retail Tenant; Brookwood Inks 1.1 MSF of Leases in 2014.
February 2015 – Briefs/Sales & Development
Hudson Pacific to Buy $3.5B Blackstone Office Portfolio; World’s Fifth Largest Industrial Park Trades Hands; Clarion, MHP Take to Manhattan’s FiDi; TCC, MetLife Ride Dallas’ Tight Office-Market Wave; Vornado Sells Manhattan’s 1740 Broadway for $605M; Brookdale Revealed as Buyer of 777 Main in Fort Worth; Manulife, Allianz to Invest Up to $1B in U.S. CRE; MetLife Acquires Fairmont Hotel in DC.
February 2015 – Briefs/Finance
TPG Real Estate Acquires $2.5B Loan Portfolio from Deutsche; Citibank Provides $36.5M for Philly Office Acquisition; Meridian Arranges $135M in Financing for World’s Tallest Holiday Inn; HCP Prices $600 Million Senior Unsecured Notes Due 2025; Spirit Closes $510M A+ Rated Net-Lease Mortgage Notes; HFF Secures $140M for Omni San Diego; Apollo Completes More Than $1.5 B of CRE Debt Transactions in 2014; GE Capital Agents $500M Credit Facility for Brookdale Senior Living.
TCC & Keane Enterprises Break Ground on K2M Global HQ
Trammell Crow Co. and Keane Enterprises Inc. start work on the new global headquarters for K2M Group Holdings Inc.