News
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.
Facebook to Add 1.8 MSF to Los Lunas Data Center
The social media company announced a second expansion to its Los Lunas Data Center project in New Mexico, increasing the total size the facility to 2.8 million square feet and the development cost to $1 billion.
Dalfen Buys 2 ATL Industrial Assets
The industrial properties are proximate to multiple interstates, including The Perimeter. Dalfen acquired several other properties in recent months, bringing its industrial portfolio close to one million square feet.
Rubenstein, Northpoint Embark on NoVa Mixed-Use Renovation
The revamps of Carlyle Tower and the Shops at Carlyle Tower include elevator, HVAC and common area upgrades as well as an additional 7,500 square feet of new space.