News
Ardian Buys 136 KSF Office Building in Berlin
The Paris-based company purchased an eight-story complex in the City West district, marking its third investment in Germany to date.
Sterling Bay Welcomes Chicago Director
Scott Rafferty will be in charge of consolidating and expanding the company’s relationships with investors, diversifying the portfolio and finding new opportunities for placing capital.
SunCap Trades GA Industrial Asset for $61M
Monmouth Real Estate Investment Corp. picked up the nearly 375,000-square-foot FedEx Ground distribution center, which opened this summer northeast of Atlanta.
Thor Equities Inks Lease at Historic Manhattan Building
The former Engineering Societies’ Building used to be home to a 1,000-seat auditorium and one of the largest engineering libraries of the world.
Marcus & Millichap Hires Manager for Montreal Office
Thierry Lessoil, who has more than 30 years of experience in commercial real estate investment sales and management, will help launch the brand in the Canadian city.
HFF Secures Financing for Denver Shopping Mall
The company worked on behalf of the borrower to arrange the fixed-rate loan for the multi-tenant property, whose roster includes Target, Chipotle and Great Clips.
Jacksonville Office Complex Commands $30M
Berkadia arranged the acquisition financing on behalf of the new owner. Summit at Southpoint was 82 percent leased at the time of sale.
STAG Acquires San Antonio-Area Industrial Facility
JLL Industrial Capital Markets arranged the sale on behalf of the previous owner, Colimar Inc. Located at 802 Trinity St., the property comprises 270,084 square feet of manufacturing and logistics space.
WAC Lighting Introduces New Line of LED Luminaires
The Oculux Architectural LED light fixtures, designed to be cost-effective, are IC-rated, airtight and suitable for both interior and exterior environments.
Savills Studley Taps Rudin as President
The veteran executive has held leadership positions at Mack-Cali, Brookfield Office Properties and CBRE. He will succeed Michael Colacino, who will step down at the end of the year.