News
WeWork Signs 86 KSF for 1st Munich Location
Set to occupy four floors in Hines’ OSKAR building, WeWork was advised by NAI Apollo during the lease transaction.
NYU Doubles Presence in Brooklyn
The school will occupy the first two floors of the former MTA headquarters, a 530,000-square-foot office building in downtown Brooklyn. The asset is undergoing major renovations, which are expected to be complete in 2019.
NJ Office Building Receives $26M Financing
Cushman & Wakefield arranged the loan for Hudson Equities Management’s recent acquisition of an office building in Woodcliff Lake, N.J. The asset is set to undergo multimillion-dollar renovations.
How to Survive Retail’s Next Phase
At ICSC’s New York Deal Making event, industry experts listed a number of critical strategies that retailers and retail real estate owners will need to pursue to stay competitive, among them the need for flexibility and the adaptability to address changing consumer preferences and shopping habits.
South Florida’s Growing Tri-County Office Market
JLL EVP Ryan Nunes talked to CPE about Broward and Miami-Dade counties’ strong capital markets activity in 2015 and 2016, which paved the way for Palm Beach to become more active in 2017.
AEW Capital Management Nabs 1 MSF Industrial Park
The $93 million sale includes six fully leased buildings in Reno, Nev., which had been acquired for $63 million three years earlier.
U-Haul Purchases Western CO Retail Building
The property, featuring more than 85,000 square feet of space, was formerly occupied by a Kmart which closed its doors in March.
Onyx Equities JV Expands NJ Office Portfolio
The acquisition marks Onyx Equities’ and Garrison Investment Group’s fifth venture, expanding the joint portfolio to 1.4 million square feet.
APG Acquires $22M Atlanta Office Park
The company purchased Shadowood Office Park from The Ardent Cos. The sale was subject to a $19 million loan held by SunTrust Bank.
LA Office Campus Fetches $117M
NKF Capital Markets represented Rockwood Capital and Marshall Property in the sale of the 203,946-square-foot Class A property to Deutsche Asset & Wealth Management.