News
Cresa Selects New Principal in NYC
Barry Lewen has more than 30 years of commercial real estate experience, having previously represented big names such as New York University, Metropolitan Life Insurance and the Royal Bank of Scotland.
DC Spec Office Project Secures $95M Construction Loan
Working on behalf of The Lenkin Co., Cushman & Wakefield arranged a construction loan for 1050 17th St., a 154,000-square-foot speculative development in the city’s central business district.
CPE’s Top 5 June Posts
Miss out on any CPE stories? Here are five of our most popular articles for the month.
Hawkeye, Choice to Open 100-Key Minneapolis Hotel
The six-story Cambria property will be situated in city’s theater district, near major sports stadiums including Target Center, Target Field and U.S. Bank Stadium.
Urban Logistics Asset Coming to the Bronx
A joint venture between Innovo Property Group and Square Mile Capital Management will develop the 700,000-square-foot transit-oriented property, slated to open in 2020.
Strive Logistics Relocates Chicago HQ to NEWCITY
The transportation service company is set to occupy the new space this fall. CBRE negotiated the lease on behalf of the tenant and landlord.
Bellomy & Co. Brokers Sale of Houston Facility
The company represented both the seller and the buyer in the transaction, which was financed by a $1.9 million loan originated by Wells Fargo Bank.
Cushman & Wakefield Lines Up $415M Refi for NYC High-Rise
Angelo Gordon & Co., Normandy Real Estate Partners and George Comfort & Sons are the owners of the 750,000-square-foot property at 575 Lexington Ave. in Midtown Manhattan.
Major Industrial Park Coming to Texas
Stonemont Financial broke ground on a 540-acre project in El Campo. Ridgeline Property Group serves as the developer, while NAI James E. Hanson and NAI Partners are in charge of marketing the campus.
Philadelphia Office Building Trio Lands $355M Refi
NKF Capital Markets worked on behalf of Nightingale Properties and Wafra Capital Partners to secure loans for 1835 Market St., 1635 Market St. and 1500 Spring Garden.