News
Publicis Groupe Inks 1 MSF Lease at NYC Home
The French advertising and public relations firm has renewed 680,000 square feet and signed on for an additional 280,000 square feet at Hudson Square Properties’ 375 Hudson St. office tower.
What to Expect From Deutsche Bank’s Reorganization
As an overhaul gets under way at the financial services giant, capital markets insiders size up what’s ahead for the company’s commercial real estate lending.
Converted Brooklyn Creative Office Receives $205M Refi
Newmark Knight Frank arranged the floating-rate loan for the refinancing of the historic—and recently repositioned—building on the East River in DUMBO.
Sprint Closes Sale of 4 MSF Campus
Occidental Management, the new owner, cinched a sale-leaseback deal for Sprint’s 190-acre spread in Overland Park, Kan. The telecom company’s merger with T-Mobile is widely believed to be imminent.
CBRE Expands Project Management Team
Coming from JLL, Jim Dobleske brings more than 20 years of experience in superior service delivery and strategic management. He will be based in CBRE’s Charlotte office.
Boston-Area Single-Tenant Retail Building Sells for $19M
The 64,227-square-foot property is located in Shrewsbury, Mass., and is triple-net leased to Price Chopper, a family-owned grocery chain.
SPP Breaks Ground on Tampa Office Project
The city’s first downtown trophy office tower in more than 25 years, 1001 Water is part of the 56-acre Water Street Tampa development reshaping the urban waterfront.
CBRE Secures $81M Minneapolis Office Sale
The company’s Ryan Watts, Judd Welliver, Sonja Dusil and Tom Holtz arranged the sale of the property on behalf of the seller.
Washington-Area Office Asset Commands $153M
USAA Real Estate Co. bought the highly secured Class A property in Arlington, Va. The building is 99 percent leased to the U.S. government.
Hines Breaks Ground on Seattle-Area Tower, Amazon Is Reported Tenant
The developer has preleased the entire 347,220-square-foot office building in Bellevue, Wash., reportedly to the e-commerce giant. The sustainable property is slated for completion in the fourth quarter of 2020.