Investment
Normandy, NTT Urban Form Strategic Partnership
This move guarantees both firms investment activity growth in the office and mixed-use sectors in various urban and transit-oriented areas in core markets, including New York and D.C.
CBRE Lines Up $49M Loan for Seattle Mixed-Use Project
Working on behalf of Kennedy Wilson, the company has secured the acquisition financing for a nearly 422,000-square-foot office and warehouse property in Redmond, Wash.
Western National Taps New Managing Director
Daniel Reynolds has almost three decades of experience in investment banking, structured finance and capital formation. Prior to joining the company, he held positions at Blue Vista Capital Management and LaSalle Investment Management.
Scout Boats Expands Dorchester County Footprint
The designer and manufacturer of luxury boats plans to invest $11 million in a new 120,000-square-foot facility in Summerville, S.C.
Bay Vista Office Building Trades for $10.2M
Ryan Companies sold the four-story asset to a New York-based real estate investment firm. Valley National bank provided the $7.1 million acquisition financing.
Albuquerque Flagship Clinic Changes Hands
The 85,000-square-foot asset incorporates patient-centered design elements, also meeting WELL Building Standards.
San Diego Retail Condo Trades for Record Price
Colliers brokered the sale of the 3,517-square-foot retail condominium in La Jolla, Calif., purchased by the Cove Equity Group LLC.
McSam Hotel Group Grabs 292 Fifth Ave. Raw Gem
Developer and businessman Sam Chang acquired a vacant Manhattan site in a $42.4 million all-cash sale. Cushman & Wakefield arranged the long-anticipated escrow.
Kendall Pointe Sold in $17M Deal
Northbridge Investment Management Inc. purchased the commercial property from Orion Real Estate Group.
HFF Arranges Sale of Ft. Lauderdale Financial Center
The company marketed the five-story office building on behalf of the seller, Clarion Partners, also procuring the buyer. Additionally, the firm secured acquisition financing.