Investment
Gemini Rosemont Grabs Suburban Seattle Office Park
The three-building, 480,400-square-foot campus last traded in 2004 for $134 million.
Hudson Pacific Expands Presence at Stanford Research Park
The company acquired a $150 million leasehold interest in Page Mill Hill, a five-building office campus located within Stanford Research Park in Palo Alto, Calif.
The Rationale Behind the Rate Hike
Fed Chair Janet Yellen characterized the rate hike as a “vote of confidence” in the strength and resiliency of the U.S. economy.
Westmount Realty Capital Sells Austin Office Portfolio
The Offices at Braker Center were 93 percent occupied at the time of the deal.
Angelo, Gordon Closes $850M Asia Realty Fund III
Angelo, Gordon & Co. has invested around $1.9 billion of equity in 58 real estate deals in Asia since 2005.
First of NYC-Funded Industrial Projects Gets the Go Ahead
Greenpoint Manufacturing and Design Center will be the first to use a NYC Industrial Development fund grant to renovate a former factory in Queens into modern industrial workspace.
HFF Orchestrates Sale, Financing in Orange County
A joint venture between JCR Capital and PRES has acquired a four-building office portfolio in Brea, Calif.
AFIAA Nabs Melbourne Office Asset for $121M
The Zurich-based investment foundation plans to expand its worldwide portfolio to nearly $3 billion worth of properties in the next five years.
Residence Inn Cincinnati Airport Begins Extensive Renovation
The hotel is undergoing a multi-million dollar facelift of all its 150 guestrooms.
Velocis Sells $20M Office Building Near Denver
The 96,267-square-foot property was sold on behalf of the company’s client, Menlo Equities.