News
WeWork Signs Full-Building Lease in NYC
The company will occupy the 138,000-square-foot office segment of the newly repositioned 609 Fifth Avenue building in Midtown Manhattan.
Transwestern, Devencore Form US-Canadian Strategic Alliance
The American and Canadian service providers will collaborate on a host of occupier, agency and capital markets opportunities.
Madison Capital JV Refinances Historic Manhattan Asset
PGIM provided the loan, which will enable the partnership to complete renovations at the landmark building in the Flatiron district.
Salt Lake City-Area Retail Center Lands $69M Refi
Dallas-based TriGate Capital received the financing for the 726,000-square-foot, Harmons-anchored property in Taylorsville, Utah. HFF secured the 3-year, floating-rate loan.
Wight & Co. Hires Sustainability Expert
John Mlade will occupy the senior project manager position and will be in charge of overseeing the company’s sustainable design projects.
Navigating Construction Loans, Part 2
In the second installment of this series, Avison Young’s Jay Maddox describes various guarantees typically required by construction lenders, as well as approaches that borrowers can deploy to protect themselves.
Infomart Data Centers Appoints New CEO
Brian Cox has more than two decades of experience in the data center industry. He previously held senior executive positions at Cologix and Tempo Financial.
Remembering Paul Allen, Tech Pioneer and Real Estate Entrepreneur
Among many other accomplishments, the innovator and philanthropist was the founder of Vulcan Real Estate, which has done much to reshape his Seattle hometown.
CRE Outlook: More Financing, Payment Innovation to Come
Ten-X Commercial’s Maureen Waters forecasts the transformative effects that cryptocurrencies and crowdfunding platforms will have on commercial real estate transactions.
Carlson Starts HQ Renovation
For the first time since completion, the 16-story trophy tower in Minnetonka will be available to tenants outside of the company.