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Tishman Speyer Lands Major Tenant in Brooklyn
In an unusual twist, the 620,000-square-foot lease is linked to a project that features the restoration of a vintage department store.
San Francisco Emblem Transamerica Pyramid to Reportedly Sell for $700M
An investment group led by Michael Shvo has purchased the iconic tower for more than $700 million, according to Bloomberg.
Amazon Inks Long-Term Lease in Dallas
Dalfen Industrial signed the e-commerce leader to a 10-year deal for a last-mile facility in East Dallas.
Avison Young Buys Washington, DC Firm
The company expands its coverage in the District with the purchase of BMS Realty Services LLC, a leading property management firm.
Denver City Center Gets New Owner
Shorenstein Properties sold the two-building downtown development after holding the property for seven years.
BKM Capital Partners Buys $425M Industrial Portfolio
The institutional fund manager teamed up with Canyon Catalyst Fund for part of the 11-property purchase.
WeWork Taps Brookfield’s Mathrani as CEO
The veteran retail executive and former GGP leader will step into his new role on Feb. 18.
Highwoods Properties’ North Carolina Assets Reel In $233M
As part of its Greensboro-area exit strategy, the REIT sold a 2.8 million-square-foot industrial portfolio and arranged the disposition of a 250,000-square-foot office complex.
Blackstone Leads $300M Recap of NYC Mixed-Use Asset
The funding advances Salmar Properties’ strategy of transforming a 100-year-old Brooklyn warehouse into a 21st-century mixed-use project.
Experiential Retail: What You Need to Know in 2020
How can immersive experiences breathe new life into obsolete shopping centers and what are the cash-flow considerations for such projects? Martin Zurauskas, managing director for nFusion, has some ideas.