News
LA Storage Facility Secures Construction Loan
World Class Capital Group and Barings received $30 million in financing for a 188,600-square-foot project in the city’s Chinatown neighborhood.
Picktricity Installs Thin-Film Panels on Petroleum Tanks
The pilot program unfolded in South Portland, Maine, at one of Sprague’s terminals. The two firms are now considering offering the technology to other terminal operators throughout the country.
Paramount Group Sells Manhattan Building for $130M
With the assistance of CBRE, the company sold the 75,000-square-foot office and retail asset at Zero Bond St. to a German investor.
TF Cornerstone, MSD Partners to Redevelop Grand Hyatt NY
The companies are planning to demolish and redevelop the massive hotel adjacent to Grand Central Terminal and replace it with a 2 million-square-foot mixed-use destination.
South FL Development Lands Financing
The borrower plans to use the $2.2 million bridge loan secured by LV Lending to buy land and start construction of a 40,000-square-foot Key Largo resort.
Top 10 States for LEED Certification
The U.S. Green Building Council ranking of leading states encompasses 468 million gross square feet and is based on the amount of square footage per capita.
Portland Office Market Set for Strong Start in 2019
Buzz Ellis, managing director at JLL, shares his thoughts on the most sought-after Portland submarkets for investment, as well as his predictions for the year ahead.
OH Logistics Center Welcomes New Tenants
CBRE spearheaded leasing efforts on behalf of the owners. Flint Group, Wayfair, Novolex and YKK will occupy more than 238,000 square feet.
MBA Predicts Originations to Hold at $530B
The Mortgage Bankers Association released its 2019 Economic Outlook & CREF Forecast in San Diego. Here’s what they forecast for lending volumes.
Sustainable Amenities Office Tenants Wish For
From composting to electric vehicle charging stations, office tenants reveal the green amenities they’d like to have in this month’s partnership between CPE and Kingsley Associates.