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FNB Tower Joins Raleigh Skyline
The $110 million, 22-story building developed by Dominion Realty Partners will encompass Class A office space, 240 residential units and street-level retail.
Monday Properties Closes $888M NoVa Refi
The financing includes a future funding facility that will provide significant capital to meet additional long-term strategic investments and support tenant needs.
Capri EGM Nabs Comcast Denver HQ
Inova I marks the firm’s second major build-to-suit acquisition this year. From an investment perspective, demand for these assets has been strong over the last several years and continues to rise.
Trammell Crow, Clarion Team Up on Cali Logistics Center
RGA Architecture will serve as the project architect and Fullmer Construction is the general contractor. JP Morgan Chase provided financing for the project.
Phoenix Rising
The Valley of the Sun is riding a wave of solid performance. New supply is keeping pace with demand, helping to maintain healthy vacancy rates.
NYC’s Chinatown Welcomes New Luxury Hotel
Chu Enterprises developed the 229-key property at 50 Bowery, which marks the first-ever Joie de Vivre getaway in Manhattan.
Foreign Investor Acquires Long Island Shopping Center
Servicers LNR Partners, a subsidiary of Starwood Property Trust, and C-III Asset Management sold The Mall at the Source and the adjoining Fortunoff Building for $92 million.
China Life Invests $950M in ElmTree Portfolio
The majority of the assets are recently constructed, build-to-suit industrial, office and health-care properties in secondary and tertiary markets.
Revamped Monmouth Mall on Its Way in NJ
Kushner Cos. and Rouse Properties have teamed up for the redevelopment of the 24/7 attraction in Eatontown. Construction is scheduled to begin in 2018.
BH Properties Lands $253M Loan for NYC Portfolio
New York Life Real Estate Investors provided a 25-year mortgage and mezzanine facility for three Manhattan hotels totaling 1,179 guestrooms.