News
Houston MOB Gets $28M in Financing
Part of the refinancing will be used to revamp the roughly 192,000-square-foot building in The Heights neighborhood. Tenants include CuraHealth and St. Joseph Medical Center.
Tishman Speyer Completes Leasing at 1.2 MSF NYC Office Project
Macy’s and New York-Presbyterian signed agreements totaling 328,000 square feet, bringing the property to full occupancy months in advance of its opening.
Next Phase of $180M CA Mixed-Use Project Breaks Ground
DWS Group has started construction on Village Shops, the latest component of the property’s redevelopment, which will include more than 60,000 square feet of retail.
Ohio Mixed-Use Center Gets $172M Refi
The floating-rate loan for the owners of Pinecrest in a Cleveland suburb was provided by Square Mile Capital Management LLC and replaces existing construction debt.
1st Phase of $58M Marriott Restoration in Puerto Rico Complete
JLL’s project and development services division finished the first leg of renovations to the Marriott San Juan Stellaris, which was significantly damaged during Hurricane Maria in 2017.
Salesforce Inks Largest Office Lease in Ireland
The software powerhouse has signed on for 430,000 square feet, a record for office space in Ireland, at Spencer Place in Dublin.
KBS Buys Orlando Office Property for $49M
The five-story Maitland Promenade One is situated within Maitland Center, one of the largest suburban office parks in Central Florida. The firm also already owns the sister building, Maitland Promenade Two.
Vantage Data Centers to Add 160 MW in Phoenix
The campus will comprise three data centers across 1 million square feet in Goodyear, Ariz. The initial phase will add an initial 32 megawatts and is slated for completion in 2020.
Liberty Property Trust Inks Full-Building Lease in NJ
The Gilbert Co. will be the only tenant of the 302,500-square-foot industrial building, which traded in a $41 million deal last September.
Markel | Eagle Sells Richmond Office Asset for $56M
The company invested $19 million to renovate the 355,449-square-foot office building. Upgrades included the addition of a 250,000-square-foot parking garage and a new fitness center, among other amenities.