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Shorenstein Properties Obtains $350M for Iconic Manhattan Address
Barclays provided the refinancing for 1407 Broadway, a 43-story office building designed by Ely Jacques Kahn and developed in 1950.
Sonnenblick-Eichner Lines Up $55M Refi for LA Assets
The fixed-rate first mortgage financing is secured by three office buildings and a retail property within the Continental Park mixed-use development in El Segundo, Calif.
StateStreet Begins Work on 362 KSF Nashville Industrial Project
Cushman & Wakefield will spearhead leasing of the four-building Hamilton Creek Commerce Park, which is on track to deliver next summer.
Rubenstein Partners JV Sells Northern Virginia Office Asset
Together with Griffith Properties, the company completed a capital improvement and repositioning program at Centerstone at Tysons in McLean that resulted in a full-building lease with Freddie Mac.
Vanbarton Group Finalizes $126M Manhattan Mid-Rise Sale
Allianz provided the institutional buyer with more than $52 million in acquisition financing for the 137,500-square-foot office asset.
US Green Office Trend Reaches New Heights
Find out which metros’ office markets are energy-efficient leaders, according to CBRE and two top universities.
Ashkenazy Acquisition Closes $125M Deal in Suburban New York
The company had been eyeing the family-owned retail property for more than 15 years because of its location and tenant demand.
Skanska to Build UNC Hospitals’ $257M Facility
The contract with UNC Health Care calls for the construction of the new 335,000-square-foot UNC Hospitals Surgical Tower in Chapel Hill, N.C.
Hines Fund Makes Berlin Debut With $178M Acquisition
The nine-story Atrium Charlottenburg totals 430,000 square feet of rentable office space.
Kennedy Wilson Buys Bay Area Office Campus for $115M
The company acquired the seven-building campus in a 1031 exchange, funding the deal with proceeds from the sale of two multifamily communities.