News
Los Angeles’ South Bay Galleria to Get Mixed-Use Makeover
QIC Global Real Estate has formed a partnership with L Catterton Real Estate for the redevelopment of the 960,000-square-foot Redondo Beach property into a 30-acre destination.
Oklahoma City’s $288M Convention Center Nears Completion
Situated across from a new public park, the facility will be connected to a parking garage via a skywalk.
Talonvest Arranges $15M Acquisition Loan
The company secured the financing on behalf of GoodFriend Self Storage, which added a 79,000-square-foot storage facility in Cutchogue, N.Y., to its portfolio.
Deka Group Enters Portland With $48M Buy
The German financial company broke into the local office market with its purchase of a Class A building in the city’s central business district.
LaSalle Investment Management Lands Law Firm for 126 KSF Renewal
Procopio, a business law specialist, extended its lease at a downtown San Diego office tower to 2027. CBRE represented both owner and tenant.
Integra Realty Resources Names New CEO
Industry veteran Anthony Graziano has been with the company for more than two decades. In his new role, he will oversee the firm’s strategic growth and diversification.
Thor Equities Launches Life Sciences Platform
The company announced the new division, Thor Sciences, as well as the acquisition of a New Jersey life sciences campus for $152 million.
Washington Prime Group Adheres to Solar Rooftop Systems
The retail REIT signed agreements with Safari Energy for the installation of 2.3 MW of solar arrays at coastal state shopping malls.
Coworking to Overtake Tech as Office Leasing Driver
The flexible office sector generated 10.1 million square feet of activity in the first half of 2019, while providers like CommonGrounds, Spaces and WeWork continue bold expansion programs, JLL reports.
Welltower Adds to MOB Growth Spurt
The company has agreed to pay $140 million to buy a 270,000-square-foot complex in Berkeley Heights, N.J., from its tenant, which will continue its occupancy under a new 20-year lease.