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The December Digital Issue of CPE is Now Available!

Now you can get trend and strategy insights two different ways: Leaf through the Commercial Property Executive digital digest for a quick read or click on individual articles below for an in-depth look at the topics that most interest you.

$640M Fannie Mae HQ Redevelopment Launched

Adaptive reuse expert Roadside Development and joint venture partner North America Sekisui House will transform the former home of the government-sponsored enterprise into a 1 million-square-foot mixed-use destination called City Ridge.

100 West Broadway

Redwood Partners Acquires Metro LA Asset for $61M

Newmark Knight Frank’s Capital Markets team represented the seller, a joint venture between Singerman Real Estate and Ocean West Capital Partners, in its disposition of the Long Beach office building.

The Foundry Hotel

Foundry-Turned-Hotel Opens in Blue Ridge Mountains

The latest Curio Collection by Hilton is The Foundry Hotel, an upscale 87-key project in Asheville, N.C. Combining adaptive reuse with new construction, the property will be managed by Charlestowne Hotels.

East Beach Marketplace

Divaris Expands Retail Leasing Portfolio in VA

The management company added five shopping centers totaling more than 300,000 square feet to its collection of properties in Hampton Roads.

Luna Arena

LaSalle Investment Buys Amsterdam Office Tower for $63M

Acting on behalf of its Encore+ fund, a Continental European investment vehicle, the company acquired the 167,900-square-foot Luna Arena from PingProperties.

Berkadia Secures $112M Loan for DC Portfolio

The company arranged construction financing for developer Foulger-Pratt for a self storage property in the NoMa neighborhood and a mixed-use development near Capitol Hill.

Shoppes at Isla Verde - CVS

Grocery-Anchored FL Retail Center Commands $74M

Investors remain keen on Palm Beach County, where MetLife Investment Management acquired the Shoppes at Isla Verde, a 207,000-square-foot shopping center.

WeWork, ASOS Sign Full-Building Leases in London Submarkets

Kennedy Wilson secured long-term agreements with the coworking giant and the leading online retail group, marking two of the largest European deals in the company’s history.

Central FL Power Center Trades for $26M

Retail Value Inc. sold the Orlando asset located approximately 8.5 miles northeast of Walt Disney World. HFF negotiated the deal on behalf of the seller.