Featured
BNY Mellon Takes 350 KSF at Brookfield’s Downtown NYC Complex
BNY Mellon has signed on for 350,000 square feet at 225 Liberty St., one of the five office towers in Brookfield Office Properties’ 8 million-square-foot Brookfield Place complex, formerly known as the World Financial Center.
Port Authority Votes to Advance Construction of 3 WTC
Silverstein Properties’ $2.3 billion development of the 2.5 million-square-foot 3 World Trade Center office tower takes a long-awaited step forward as the Port Authority of New York and New Jersey’s board of commissioners green lights a revision of the 2010 financial agreement between the two parties.
CPE Announces the 2014 Distinguished Achievement Award Winners
Which properties and companies won this year’s awards? Read on and find out!
Investment Community Views Schorsch’s Stepping Down Favorably
Chairman & CEO of the $10 billion American Realty Capital Properties Inc. Nicholas Schorsch announced in a June 20 letter to shareholders that he will be passing the CEO torch to company president David Kay, effective Oct. 1.
Thor Equities Adds to Manhattan Footprint with $590M Deal for 530 Fifth Ave.
The sale price is $200 million more than Rockwood Capital, Jamestown, Murray Hill Properties and Crown Acquisitions paid when the building last traded in January 2012.
Starwood Retail to Buy 7 Taubman Malls for $1.4B
Starwood Capital’s two-year-old retail affiliate agrees to acquire properties in Virginia, South Carolina, Florida, Texas and Michigan.
HCL-MarqE Buys 352 KSF Retail Center in Houston
The new owners acquired the property, which is located on I-10 West, from a joint venture of Canyon Capital Realty Advisors L.L.C. and Fidelis Realty Partners.
NAREE Special Report: The Commercial Real Estate Rundown
The office and industrial sectors are looking strong in the near term thanks to an economy that is encouraging diversity via an expanding tenant base.
Colliers Acquires Leading Property Specialist in London
FirstService Corp. subsidiary Colliers International has acquired H2SO Property Consultants, one of London’s leading independent commercial property specialists.
NAREE Special Report: Kelly Ranks Top 10 Issues for RE
Hugh Kelly, chair of The Counselors of Real Estate, offered the organization’s annual list of the top 10 issues affecting real estate as the opening speaker for the National Association of Real Estate Editors’ 48th annual Real Estate Journalism Conference in Houston.