News
Greenbridge Finishes Renovations on Seattle Office
The company first acquired the asset back in 2014 from Hines Interests. The 280,000-square-foot office includes new fitness center, conference center, various cafes, restaurants and pubs.
Olive Hill Completes LA Office Renovation
The Olive, a nine-story office building previously known as Crown Plaza, has undergone a full interior renovation. The building houses Olive Hill Group’s corporate headquarters.
OC Mixed-Use Project Changes Hands for $32M
Former owner Flinn West recently repositioned La Paz Plaza to offer in-demand medical offices, with some retail space. JLL brokered the sale.
Avison Young Opens New Silicon Valley Office
The newest American office represents Avison Young’s 11th in California and 55th in the U.S. Over the past nine years, Avison Young has grown from 11 to 82 offices in 74 markets.
Howard Hughes Breaks Ground on Texas Master-Planned Project
The Woodlands Hills will include more than 4,500 residences, 112 acres of open space, 20 neighborhood parks, an amenity center and retail.
OC Mixed-Use Building Sells for $56M
CBRE brokered the sale of The Triangle, a 204,532-square-foot dining and entertainment lifestyle center in Costa Mesa, Calif., on behalf of a partnership led by Greenlaw Partners.
Blackstone to Lead Cloverleaf Recapitalization
Wells Fargo Securities served as financial advisor and Katten Muchin Rosenman LLP served as legal advisor for the cold storage warehousing and food logistics company during the transaction.
HFF Secures $75M Refi for Rhode Island Mall
The company worked on behalf of a joint venture between Bliss Properties, Mark T. Brennan & Co. and the Lane Family Trust to secure the 10-year, fixed-rate loan through Bank of America.
Hotel Construction Pipeline for US, Africa, Middle East: STR Report
The hotel market data and benchmarking firm’s October 2017 Pipeline Report saw some slowing in the U.S. hotel construction, with cities like New York, Houston, Los Angeles and Seattle seeing year-over-year decreases in construction of hotel rooms.
Has US Office Investment Recovered from the Financial Crisis?
A decade after the financial crash, COMMERCIALCafé analyzed the U.S. office investment realm, identifying the key markets, players and lending trends that characterized activity in this sector from 1997 to 2017.