Investment
Jamestown Secures $180 Million Loan for Ponce City Market, Atlanta
Jamestown’s 1.1 million-square-foot, mixed-use Ponce City Market restoration project, Atlanta’s largest adaptive reuse endeavor ever, has just reeled in a $180 million construction loan.
Toyota to Move U.S. HQ to Texas
Saying it is designed for better customer service and sustainable, long-term growth, Toyota is moving its North American headquarters and about 4,000 jobs to Plano, Texas, to a state-of-the-art campus expected to break ground in the fall and be completed by 2017.
Griffin Capital Grabs Wyndham Worldwide HQ in Parsippany, NJ
Griffin Capital Corp. has snapped up Wyndham Worldwide’s 250,000-square-foot corporate headquarters facility in Parsippany, N.J., for $97 million.
DDR Sells Brazilian Retail Investment for $344M
DDR Corp. has sold its 50 percent ownership interest in Sonae Sierra Brazil BV Sarl, a Brazilian retail center, to German investor Alexander Otto for $344 million.
Herrick Co. Buys 44 CVS-Leased Retail Properties for $190M
The Herrick Co. shelled out $190 million on the acquisition of a portfolio of triple-net leased retail/pharmacy locations spanning 17 states, all of which are leased to CVS Caremark, from Fortress Investment Group.
Marcus & Millichap Expands into Canada, Opens 3 Offices
Marcus & Millichap has entered Canada with not just one office, but three: in Toronto, Vancouver and Calgary.
Guest Column: A Bid for TRIA
Commercial real estate industry executives are watching Congress closely as it considers whether to extend the Terrorism Risk Insurance Act, a backstop for private insurance companies so they can offer terrorism insurance.
Millennial Magnets: Top Locations
Which U.S. counties sport the highest concentrations of Millennials? The Nielsen Co. analyzed this three different ways: for householders age 20-34, those age 25-34 (which focuses attention on those more likely to have entered the workforce and attained greater earning power) and those age 25-34 with high incomes. The following charts rank the top 50 counties for each category. For a more extensive discussion of where Millennials live, how they are spending their money and how retail real estate owners can best apply this information, turn to “Millennial Magnets,” the 2014 CPE-Nielsen Special Report in the May 2014 issue of…
ULI Spring 2014: Investment Trends in Latin America
Fred Gortner, managing director & COO at Paladin Realty Partners, talks about his firm’s investment strategy. Over the last 15 years, Paladin has been one of the leading investors in Latin America, with activity spanning seven countries and valued at over $5 billion in assets.
You must be logged in to post a comment.