News
Private Investment Group Snags Denver Office Asset
Red Tail Acquisitions sold Belcaro Place, a 154,000-square-foot property, to private investment group F6F. The property was 97 percent occupied at the time of sale.
Mastercard Leases Midtown South Office Building
The credit card company will lease the full 212,500-square-foot New York City building and turn it into an expanded technology hub. L&L Holding is set to finish a major modernization and re-envisioning of the property before Mastercard’s move-in.
McCraney Property Company Increases Industrial Footprint in Savannah, GA
The company plans to develop a new 350,000-square-foot warehouse near a number of major distribution hubs in the Southeast U.S.
Plymouth Industrial Sheds $100M on Chicago-Area Assets
The 15-property portfolio comprises a total of three million square feet of Class B warehouse space. The seller is BIGS Holdings, a subsidiary of Goldman Sachs.
CBRE Hotels Scores 9th Deal in the Chicago Area
The transaction included two Fairfield Inn & Suites properties located in Naperville and St. Charles, Ill. Vice Presidents Nate Sahn and John Karver represented the owners.
Waste Management Relocates Phoenix Branch
The environmental services firm will move its local branch to Union Hills Office Plaza by the end of the year. Waste Management selected Perkins+Will to design its new location.
Henderson Pays $42M for Philly-Area Office Campus
The firm purchased a five-building office portfolio in Newtown Square, Penn., its first real estate deal, part of its new strategic growth plan.
Berkadia Appoints New Head of Mortgage Banking
Hilary Provinse has joined the company after spending more than 15 years at Fannie Mae, where she led the firm’s mulitfamily debt lending activities.
C&W Closes Broward County Office Leases
With the addition of seven new tenants, Pembroke Point 880 is nearing full occupancy roughly two years after its completion.
BRIDGE Invests $5M in Ft. Lauderdale Office Reno
The owner is developing a collaborative environment that features a fitness center, tenant lounge, conference facility, café and game area.