News
SL Green Ups Investment in Manhattan High-Rise to $148M
The office landlord has completed the second phase of its preferred equity stake in 245 Park Ave., after an initial investment earlier this year.
Acquisition Yields Rise for Single-Tenant Medical Assets
According to a third-quarter report by The Boulder Group, the cap rate for the niche category increased by 22 basis points year-over-year.
Development Group Buys Fort Worth Tower
The sale of the historic 185,000-square-foot property caps JLL’s disposition of six downtown office buildings for XTO Energy.
BLT Enterprises Acquires CA Manufacturing Facility for $31M
The 221,660-square-foot industrial property is the only facility larger than 200,000 square feet in the North San Diego submarket.
Carlton Group Names New CEO
The firm, which is known for capitalizing hard-to-finance deals, was led by founder Howard Michaels until his passing in September.
Google Continues Buying Spree with $1B Purchase
In this record-breaking transaction, the internet giant bought the 51.8-acre Shoreline Technology Park near its Googleplex headquarters from HCP Inc.
$115M Construction Loan for Anaheim Luxury Hotel
At 12 stories, the new Radisson Blu will feature 326 keys, and the development will be one of the tallest ever in the Disneyland market.
Berlin Tops Europe’s Office Markets—Still
A strong economy and job growth keep the German capital at the head of Scope Analysis GmbH’s latest survey of rental rate growth in 20 leading cities.
Tru by Hilton Breaks Ground in NC
Located in Burlington, N.C., this is Parks Hospitality Group’s second property to bear this brand. Completion is expected in late 2019.
Marcus & Millichap Brokers IL Self Storage Sale
The company’s Tampa and Chicago Oak Brook offices facilitated the sale of the 261-unit self storage property located in Granite City, Ill.