News

Boston Properties, Alexandria Partner for Life Sciences Play

The REITs have struck up a joint venture for a large office and biotech campus in South San Francisco, Calif.

Suburban Phoenix Storage Facility Changes Ownership

Natixis provided the new owner with a $7.1 million acquisition loan for the 91,569-rentable-square-foot property.

Camp North End Awarded Fitwel Community Design Certification

In addition to the Fitwel certification, Camp North End’s 150,000-square-foot Gama Goat building also boasts a Wired Gold Certification.

Folding Glass Wall Is Thinnest Yet

Designed in Germany, the new aluminum framed solution features floor-supported technology and high thermal efficiency.

L3 Capital Lands $91M Refi for Brooklyn Retail Portfolio

The properties have frontages along Kent and Wythe avenues, North Sixth, North Seventh and Berry streets.

KBS Sells New Jersey Office Park for $311M

The transaction marks one of the area’s largest deals of its kind in recent years.

Boutique DC Hotel Receives $18M Loan

The mortgage refinances an existing acquisition and renovation loan. Less than two years ago, the borrower completed an $800,000 upgrade at the property.

CBRE Lines Up $93M Refi for Los Angeles Office Portfolio

On behalf of LaSalle Investment Management, the firm secured a loan through a life insurance company for a 180,000-square-foot collection of properties.

UBS Report Offers Investment Strategies for 2020

The firm’s outlook flags oversupply concerns in the apartment sector and sluggish construction in retail.

NAI/Merin Hunter Codman Welcomes New South Florida Managing Director

Adam Starr has negotiated more than 15 million square feet of sales and lease transactions over the course of his 20-year-plus career.