Featured
Medical Office Landscape Shifts With Health Care M&As
With property sales velocity increasing 5 percent nationwide over the last 12 months, a new report from Marcus & Millichap highlights how mergers and acquisitions are transforming the health-care system.
HBO Picks $350M Culver City Project for New HQ
The cable network will relocate its corporate home from Santa Monica to Ivy Station, a transit-oriented development in the West Los Angeles area.
Bank of Montreal Unit Takes 215 KSF at Durst Tower
The real estate owner signed financial services provider BMO Capital Markets to a 15-year lease at its One Five One office property in Midtown.
Europe’s Coworking Sector Continues to Blossom
Cushman & Wakefield’s latest Hotspot Index examines 40 European cities in its forecast of where the flexible workspace trend will next take hold.
Velocis Sells Scottsdale Office Building for $53M
During its four-year ownership, the seller implemented a capital improvement program to reposition Camelback Square by upgrading the corridors and elevator lobby and adding a new conference center.
Rockefeller JV Sells More Than 1 MSF at New Jersey Park
Cushman & Wakefield arranged the disposition of two industrial buildings—both fully leased to credit tenants—at Rockefeller Group Logistics Center in Piscataway, N.J.
JLL Secures $67M for Downtown Manhattan Mixed-Use
Developers East End Capital and K Property Group are moving forward with construction of the 63,000-square-foot office and retail property, with financing from Capital Source and Canyon Partners Real Estate.
Durst Org. Secures $120M Loan for NYC Office Condo
Acting as administrative agent, Capital One provided financing for the 150,000-square-foot space at 855 Avenue of the Americas.
JV Lands $165M Refi for Denver Mixed-Use Project
McWhinney, Grand American Inc. and Sage Hospitality are using the long-term debt arranged by HFF to refinance the construction loan for Dairy Block in the LoDo district.
Tanger Outlets Sells Multi-State Portfolio for $131M
A joint venture including Singerman Real Estate has purchased four retail centers in Nags Head, N.C.; Ocean City, Md.; Park City, Utah; and Williamsburg, Iowa.