News

Seattle-Area Office Park Receives $39M Loan

The borrower acquired the five-building office portfolio last December, for $54.6 million.

CBRE Secures Acquistion Loan for Los Angeles Retail Asset

Bruce Francis, Shaun Moothart, Dana Summers, Robert Ybarra, Doug Birrell and Jim Korinek worked on behalf of a local joint venture.

CIM Group Affiliate Buys Baltimore-Area Office Building

The LEED Gold-certified building hosts the corporate headquarters of a regional engineering and design firm.

Q&A: Has Office Real Estate Become a Concierge Business?

The RMR Group’s Chris Bilotto describes the tenant experience in 2020 and discusses other trends that will shape the sector.

Bakersfield Office Building Changes Hands

Seller Adler Realty Investments had acquired the 151,124-square-foot property in 2005 as part of a nearly $56 million portfolio deal.

Networked Controllers Manage Industrial Fans

The plug-and-play devices from Hunter Industrial provide scheduling and diagnostic functions directly on screen.

Investors, Startups Still Keen on PropTech

Positivity persists in the real estate technology industry, according to MetaProp’s latest Global PropTech Confidence Index.

Non-Profit Sells Part of New York City HQ

Sheltering Arms plans to sell its entire headquarters and move to a 22-story Lower Manhattan building.

Historic Manhattan Asset Lands $42M Refi

Nationwide Life Insurance Co. originated the loan, which pays off a $35 million prior debt.

Amazon to Open 1st Iowa Fulfillment Center

Wells Fargo is providing construction financing for the 645,000-square-foot development set to come online by the end of the year.