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Ariel Property Advisors Releases Manhattan 2015 Year-End Sales Report
Ariel Property Advisors’ latest report on Manhattan finds that 2015 was a record-breaking year for investment property sales in the Big Apple.
NBCUniversal Telemundo Signs Lease for Hefty New HQ in Miami
Telemundo will occupy 560,000 square feet of space at the Prologis Beacon Lakes Industrial Park in Miami, following one of the largest commercial leases in Florida history.
Veritas Secures $815M Financing for San Fran Portfolio
Veritas Investments landed $815 million in financing for a mixed-asset portfolio in San Francisco, marking the largest ever transaction of its kind in the area.
A10 Capital Lands $75M Investment from KKR
KKR joins A10 Capital’s top-tier institutional backers with a $75 million platform investment that will benefit A10 in strategic ways.
CalPERS Pays Big Bucks for AXA Equitable Center in Manhattan
CalPERS reportedly paid $1.9 billion for a 54-story trophy office tower in Midtown Manhattan, in one of the company’s biggest purchases ever.
First Capital Lands Major Interest in Township Nine Project
First Capital Real Estate acquired a 92 percent indirect ownership in the 62.6-acre, mixed-use development that is part of a larger transformation of Sacramento’s River District.
Starwood Hotels Brings a Double Helping to Beantown
A new Aloft-Element dual-branded hotel complex is coming to Boston as Starwood continues to deliver more options for single sites.
Brandywine Sells Interest in Historic Cira Square for $345M
Brandywine continues its selling spree in 2016, this time with the 862,700-square-foot former U.S. Post Office Complex, which is reportedly being scooped up by a foreign buyer.
Nassau County Office Thrives in 2015
JLL’s latest report examines why Nassau County’s office market saw record success in 2015, and whether this success will hold steady this year.
Brixmor Taps Change Agent to Restore Confidence
Daniel Hurwitz is tasked with restoring confidence in the retail REIT after improper accounting forced the departure of three senior executives.