News
Downtown NYC Tower Inks 95 KSF in Leases
Owner Jack Resnick & Sons signed new deals and expansions at 199 Water Street, its 1.1 million-square-foot office property in Lower Manhattan.
Houston Tower Earns LEED Platinum Pre-Certification
The U.S. Green Building Council recognized the 1 million-square-foot skyscraper Hines and Ivanhoé Cambridge are developing in downtown Houston for its commitment to sustainability.
Bay Area Project Lands $515M in Financing
The U.S. arm of China’s Genzon Investment Group is developing the more than 800,000-square-foot office campus in Burlingame, Calif., which will be occupied by Facebook’s virtual reality firm Oculus. A Cushman & Wakefield team secured the financing package.
Industrial Supply Catches Up With Demand
A new CBRE report found the overall availability rate in U.S. markets was 7.0 percent, a very slight decrease that marked the 35th consecutive quarter of decline.
Hilton Opens 152-Key Hotel in Seattle
The company’s newest Garden Inn location offers convenient access to Seatac International Airport and downtown Seattle, as well as multiple dining, shopping and entertainment venues.
MSD Partners to Buy 1,000-Key Boca Raton Resort in Florida
A Blackstone affiliate is selling the 2.2 million-square-foot waterfront destination in a transaction scheduled to close in the second quarter.
IL Dual-Tenant Retail Asset Changes Hands
President Chad Firsel from Quantum Real Estate Advisors represented both parties in the $2.7 million transaction. The property last traded almost a decade ago.
Transwestern Buys 1.5 MSF Industrial Portfolio in Columbus
A joint venture between Singerman Real Estate and Green Door Capital has sold a collection of three properties to the firm’s new TSP Value and Income Fund II.
Transwestern Brokers 100 KSF Leases in Miami
Walter Byrd, Ben Eisenberg, Thomas Kresse and Carlos Gaviria worked on behalf of tenants Geodis Logistics and Crowley Logistics in both deals.
Retail Investment Trends
At a time when e-commerce appears to be ascendant, what are the latest and most influential retail investment trends? What is myth and what is reality?