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New York Life Acquires Atlanta Office Tower for $166M
Crocker Partners sold the 433,000-square-foot Prominence in Buckhead. The asset is scheduled to undergo a capital improvements plan to upgrade the lobby, amenities and common areas.
LaSalle Buys Munich Office Portfolio for $194M
Working on behalf of its Encore+ Pan European Fund, the company acquired two properties totaling roughly 430,000 square feet. JLL, CBRE and Colliers International negotiated the deal.
How the Volatile Stock Market Impacts CRE Investment
To understand the current situation, CBRE’s global chief economist highlights two previous economic implosions, which took place under conditions similar to today’s but had substantially different outcomes.
REITs 2019 Outlook: Ready to Outperform
A Timbercreek report identifies five factors favoring REITs this year, including an expected increase in allocations to real estate and resilient earnings growth.
Survey Closed: 2019 Top Real Estate Education Programs Survey
Commercial Property Executive and Multi-Housing News are collecting data for the 2019 Top Real Estate Education Programs survey. Complete the survey now to be recognized among the top programs nationwide!
JV Wraps Deal for 1.6 MSF Newark Office Campus
A four-way partnership, with backing from Newark mainstay Prudential, acquired most of New Jersey’s largest transit-hub office campus.
One Workplace Launches Off-Site Interior Construction Firm
Vantis serves the $6 billion development industry in Northern California. Ryan Ware heads the new company, which counts 27 employees.
NGP Pays $142M for DC-Area Business Park
Avison Young arranged the sale of the nine-building property situated in Lorton, Va., between the Pentagon and Marine Corps Base Quantico.
Mondelez International Moving HQ to Downtown Chicago
The company has leased an entire office building from Thor Equities in the Fulton Market neighborhood and will be relocating from Deerfield, Ill., once construction finalizes.
Skanska Lands $365M Contract for NY Rail Facility
The company teamed up with ECCO to design and build the final phase of a project for the Metropolitan Transportation Authority.