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SL Green, Citigroup Push Up Sale of NYC’s 388-390 Greenwich St.
SL Green and Citigroup are speeding up the $2 billion sale of 388-390 Greenwich St.
Zurich Pays Record Price for Philadelphia Office Development
Zurich Insurance Group acquired a LEED Platinum-certified office asset in Philadelphia for a record price per square foot.
AllianceBernstein Closes Fund Above Target
The New York City-based company closed its second commercial real estate debt fund with $1.6 billion in commitments.
Harvard Growing in Allston with New Science and Engineering Complex
The University recently got the green light from the Boston Redevelopment Authority to develop a $1 billion science and engineering campus in Allston, Mass.
Cushman & Wakefield Expands South Florida Presence
The New York-based company has recently acquired Gibson Realty Group, adding 33 professionals to its South Florida ranks.
HFF Spearheads Big Boston Office Portfolio Sale
The company arranged the $224 million sale of an office portfolio in the city’s Seaport District.
Five-Hotel Portfolio Trades for $142M
Noble Investment Group of Atlanta has acquired a five-hotel portfolio from Ashford Hospitality Trust Inc.
MSCI: Big Year for Global Property Funds
The latest IPD Global Quarterly Property Fund Index measured an increase to 13.5 percent in fourth quarter 2015, the highest since 2011.
LondonHouse Chicago Hotel Changes Hands in Sale-Leaseback Before Opening
The 452-key luxury hotel changed hands for $315 million, marking the highest per-room price ever paid for a Windy City hotel.
Rexford Industrial Realty Shells Out $191M for SoCal Portfolio
The Los Angeles-based company recently paid $191 million for a nine-building Southern California industrial portfolio.