News
Westwood Financial Acquires AZ, GA Retail Centers
In a deal totaling $66.2 million, the company bought Boardwalk at Andersen Springs in Chandler, Ariz., and Decatur Crossing in Decatur, Ga. HFF arranged the financing for both purchases.
ANSYS Expands Pittsburgh HQ Space
The company will be leasing an additional 31,000 square feet at Zenith Ridge in Southpointe II, a luxury office campus, where it currently occupies 186,000 square feet.
Hilton Divestment Vindicates Blackstone’s Patience
Analysts outline how the company followed up on the unification of Hilton’s domestic and international sides, and why the investor’s moves have paid off so well.
UBS Trades DC Office Asset for $54M
Representing the property owner, HFF secured a buyer for the 110,000-square-foot building and orchestrated acquisition financing on behalf of the investor.
Retail Owners Bet Big on Makeovers
RECon attendees detailed strategies for major renovations and reported renewed interest in the sector from institutional capital sources.
AICPA to Relocate Central Park District Office
The financial organization is set to occupy roughly 30,000 square feet on the 27th floor of Fisher Brothers’ 2 million-square-foot office high-rise.
Aztec Group Hires Retail, Industrial Expert
Andrea Molina brings more than a decade of commercial real estate experience to her new position. As director, she will facilitate debt and equity placement, investment sales and acquisition advisory.
Kennedy Wilson Snags 292 KSF Seattle Business Campus
CBRE Capital Markets arranged $34.5 million acquisition financing on behalf of the buyer, for its acquisition of the eight building Redmond East Business Campus in Redmond.
A Look at Retail’s Future
On the first day of ICSC’s RECon 2018 in Las Vegas, panelists looked back at 25 years of retail and predicted what the next 25 might look like.
Economy Watch: State Unemployment Stats Suggest Full Employment is Near
Four states experienced unemployment rate decreases in April, while rates were stable in 46 states and D.C., according to the Bureau of Labor Statistics latest jobs report.