News
Hines Expands Investment Management Team
A former Nuveen managing director with more than two decades of experience has joined the firm.
Vestar Sells Metro Phoenix Retail Center for $62M
The 245,000-square-foot Crossroads Towne Center was 99 percent leased at the time of sale.
KBS Sells Orange County Office Asset
A private investor paid $25.4 million for the Class B asset—nearly $4 million above the property’s last sale price in 2015.
Hines JV Obtains $870M Loan for Boston Redevelopment Project
The developers are planning to convert the city’s historic South Station transit hub into a 1.9 million-square-foot commercial and residential project.
Coach Closes Flagship NYC Store
While the news may have stunned passersby, landlord Vornado has already found a new tenant for the space.
Cushman & Wakefield’s New High-Profile Hire
Michael Movshovich will lead Cushman & Wakefield’s new Alternative Investments Advisory Group in New York after 12 years at CBRE.
Cantor Fitzgerald Renews 2 Leases in Manhattan
Newmark Knight Frank arranged the deals at neighboring buildings in the Plaza District.
Clarion Partners Gets $40M for West Palm Beach Retail Asset
The BJ’s Wholesale Club-anchored, 232,727-square-foot shopping center was more than 95 percent leased at the time of the sale.
LaSalle Sells Spain’s Only LEED Platinum Office Building
CBRE Global Investors snapped up the refurbished heritage property in central Madrid.
M&M’s Maker Taps Hunger for Retail Experiences
Mars Retail Group is planning new interactive candy stores in Florida, Minnesota and Germany.