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Cushman & Wakefield to Buy Irish Affiliate
The firm already has a 20 percent stake in the commercial property business. The acquisition involves three offices and more than 100 professionals.
MetLife Provides $450M for SF Bay Area Retail Asset
Borrowers The Macerich Co. and Northwestern Mutual utilized the 960,000-square-foot Broadway Plaza in Walnut Creek as collateral for the 12-year fixed-rate loan.
Caesars Kicks Off $375M Conference Center Project in Vegas
The 550,000-square-foot facility will include the two largest pillarless ballrooms in the world, as well as Nevada’s first 100,000-square-foot outdoor event space.
Q&A: Georgia’s Supercharged Data Center Ecosystem
With the passage of House Bill 696, the state is poised to become the second-largest market on the East Coast, according to QTS Executive Vice President Butch Goldi. The industry veteran touches on the impacts and challenges of the new business landscape.
Ocean Bank Provides $60M Loan for Miami Retail Center
Borrower Kendall Village Associates, an entity of Berkowitz Development Group, will utilize the proceeds to refinance the 256,000-square-foot Kendall Village Center mixed-use shopping destination.
Hines JV Buys Hamburg Office Campus
The sellers of the 500,000-square-foot property will maintain responsibility for finishing development. The 11-story building is set to house Olympus’ main EMEA base.
VICI Properties Shells Out $508M for Las Vegas Hotel
The deal for the 668-room Octavius Tower is also tied to the forthcoming sale-leaseback of Caesars Entertainment’s Harrah’s Philadelphia casino.
Sealy Acquires 478 KSF Industrial Asset in Ohio
The commercial real estate investment and operating company snapped up Centerpoint #6, a bulk warehouse facility in the suburban Columbus city of Obetz.
Transwestern Completes Full-Building Phoenix Lease
Desert Canyon 300, a three-story, 150,000-square-foot Class A property, will serve as the tenant’s new information technology corporate office.
Chicago’s Wrigley Building Gets $150M Financing
The real estate services provider arranged a 30-year, fixed-rate loan through a leading insurance company for Mansueto Properties’ acquisition of the iconic office and retail skyscraper.