News
Joint Venture Nabs Philly-Area Shopping Center
CBRE obtained $18 million in financing for the purchase of Forks Town Center in Easton, Penn. The 100,250-square-foot property is anchored by a Giant Food Store.
HCP Lands New $2B Credit Facility
The instrument includes two six-month extension options at the company’s discretion and the ability to increase the commitments by an aggregate amount as high as $750 million.
Kennedy Wilson, Kennedy Wilson Europe Merge
The unification creates a real estate investment and asset management platform with an enterprise value of $8 billion. Now, KW boasts a global portfolio exceeding 400 assets spanning a variety of sectors.
Apple Opens New Flagship Store in Chicago
The strategic riverfront location will help connect the shop with the Chicago River and North Michigan Avenue’s Magnificent Mile. The main idea of the design was to minimize the boundary between the city and the river.
Redfin Expands Chicago Footprint
SVN arranged a new lease on behalf of the real estate company. The new office is located at the top floor of a building in Chicago’s West Loop.
Transwestern to Lease Upcoming MD Trophy Office
The 23-story office tower will be part of a 937,000-square-foot mixed-use project encompassing two residential towers and 14,572 square feet of retail space expected to come online by the end of 2020.
Terreno Arranges 100 KSF San Leandro Lease
The company facilitated a 120-month lease of two industrial assets spread over more than eight acres, to a third-party logistics provider and an equipment rental company.
Raytheon Opens 3rd ABQ Facility
The new 72,000-square-foot building will support key missions for the U.S. military and coalition partners. The expansion is slated to bring 60 high-tech manufacturing jobs to New Mexico.
SVN Sells Westlake Medical Office
Located in the heart of Westlake Village, Calif., the 29,783-square-foot medical building was sold for $8.9 million. The Pacific Bridge Team arranged the transaction.
C&W Secures $13M in Financing for GA Assets
Senior Director Jason Hochman worked on behalf of property owner KAS Partners in arranging the fixed-rate loans for Phoenix Business Park and Kings Landing Office Center.