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HFF Arranges Loan for SF High-Rise Expansion
The Swig Co. will use the construction financing to complete a building addition that will increase the size of its office property in the city’s SOMA submarket to 266,000 square feet.
Griffin Capital Snags Recently Completed Phoenix Office Asset
The 271,000-square-foot complex was built-to-suit for the McKesson Corp. last year, with the healthcare company’s lease expiring in 2028.
SL Green to Sell NYC Office Condo for $633M
Along with joint venture partner Ivanhoé Cambridge, the REIT will sell the 674,000-square-foot building to an institutional client of Invesco Real Estate.
Multi-State Industrial Portfolio Changes Hands
Clarion Partners picked up 3.8 million square feet spread out across Denver, Dallas, Las Vegas and Atlanta. CBRE worked on behalf of the seller in the transaction.
Transwestern Taps New VP to Oversee, Grow Seattle Operations
Craig Maturi will focus on expanding the firm’s services platform, elevating and innovating client services, attracting new talent and creating new business opportunities in the Greater Puget Sound area.
Tishman Speyer Lands $1.8B for New NYC Office Tower
After securing biopharmaceutical company Pfizer as an 800,000-square-foot anchor tenant at The Spiral, the developer reeled in financing from Blackstone Mortgage Trust for the construction of the 2.8 million-square-foot high-rise.
Skanska Develops Medical School in $3B Tampa Bay Project
The Sweden-based company signed a contract with the University of South Florida to build the Morsani College of Medicine and Heart Institute tower.
Jacksonville Industrial Portfolio Commands $77M
Colony Industrial acquired four Class A facilities in the high-growth Florida market. CBRE brokered the deal on behalf of the buyer.
Poll: Sustainability Financing
CPE has a new poll! We want to know how you will be financing sustainability efforts at your properties.
Ashford Hospitality Completes 22-Hotel Portfolio Refi
The Dallas-based hotel REIT is continuing its strategy of taking advantage of an attractive lending market, closing its second refinancing this year on the heels of several late 2017 transactions.