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Oxford Development Sells Trophy Office High-Rise
Shorenstein Properties is the new owner of One Oxford Centre, a 1.1 million-square-foot office tower in downtown Pittsburgh that the company plans to renovate.
Johnson Controls-Tyco Merger Disrupts FM Sector
The facilities management giants announced their merger, which will move Johnson Controls to Ireland and create an industrial powerhouse.
Facebook Marks Out New European Location
Clonee, County Meath in Ireland will be the site for Facebook’s newest data center, its second in Europe.
Legg Mason Diversifies Revenues with Clarion Partners Buy
Legg Mason’s $585 million purchase of Clarion Partners “will diversify Legg Mason’s assets and revenue stream to benefit our shareholders,” according to the company’s CEO.
Downtown Chicago Office Building Commands $198M
The office market is starting off strong in 2016 with Ivanhoe Cambridge and Callahan Capital Properties’ big purchase of a 796,000-square-foot Class A office building in Chicago’s Central Loop.
Breaking News: Legg Mason Buys Clarion Partners
After months of rumors, Legg Mason confirmed that it will acquire majority ownership of Clarion Partners from Lightyear Capital.
Mammoth Refrigerated Warehouse Lands a Cool Deal
HFF arranged a $100 million loan for Lexington Realty Trust to acquire 2800 Polar Way, the largest refrigerated warehouse in North America.
Inland Private Capital Enters Self-Storage Biz
Inland Private Capital Corp. has formed a strategic partnership with Metro Storage LLC, marking the launch of its self-storage investment platform it hopes to expand nationwide.
Mesa West Capital Lends a Hand to John Hancock Center
Mesa West Capital provided a $210 million loan to a partnership, led by Chicago-based Hearn Co., to refinance the office and parking spaces of the iconic Chicago landmark.
Moinian Group Enters the Tech Investment Game
The CRE veteran’s new tech funding arm has made its first move with an investment in Paintzen, a paint concierge platform that’s changing the industry.