News
Economy Watch: Consumers Feeling Good This Summer
The University of Michigan’s latest sentiment survey reveals that consumer confidence in August reached its highest level since January, indicating a positive overall outlook for the U.S. economy.
2017 Top Owners Survey
Don’t miss out on the chance to participate in the CPE-MHN 2017 Top Owners Survey! The information you provide will determine which firms have the best owned property portfolios.
Distribution Center Breaks Ground in Northwest Houston
The nearly 300,000-square-foot, cross-dock distribution center will feature 60-foot bays with 32-foot clear height, trailer parking, ESFR fire sprinkler installation and regional water detention.
Trinity Wall Street Scores $400M for NYC High-Rise
Cushman & Wakefield arranged the acquisition financing for 375 Hudson St., a 19-story Class A office and retail building in Manhattan.
HSF Secures $42M for 2 Bay Area Cambria Suites
Stratus Development Partners is planning to begin construction on the two properties in Sonoma County and Napa Valley in September.
Entrada Snags DFW Office/Industrial Portfolio
HFF orchestrated a loan through Bank of America Merrill Lynch for the acquisition of the half-million-square-foot collection of seven properties.
Blackstone to Buy Energy MLP Specialists
The group is acquiring Harvest Fund Advisors, an independent investment management firm with more than $10 billion in assets under its umbrella.
Yelp Extends, Expands Manhattan Trophy Tower Lease
The company will take up more than 191,000 square feet at 11 Madison Ave. The 29-story building currently serves as the North American base of Credit Suisse and the U.S. headquarters of SONY.
MedCraft to Expand MN Essentia Health Facility
The 26,633-square-foot expansion in Grand Rapids, Minn., is slated for completion by May 2018. The partnership minimizes risks, allowing Essentia to reinvest in expanded facility operations.
Litigation Firm Extends Lease in Orange County
Callahan & Blaine signed a lease extension for its office at 3 Hutton Centre in Santa Ana, Calif. Chon Kantikovit, managing director with Cushman & Wakefield’s Irvine office, represented the tenant.