News
Mori Begins Construction on Indonesian Office Tower
The Kohn Pedersen Fox-designed Jakarta Office Tower marks Mori Building’s first development in Southeast Asia. The project is set for completion in 2021.
Blackstone Buys Majority Stake in Massive Portfolio
The $35.2 billion worth of real estate properties and loans will be transferred to a new company that will be co-owned by the New York City-based firm and Banco Popular.
Texas Nursing Facilities Land $28M in Financing
The loan secured by Hunt Mortgage Group through the HUD LEAN program will be used to refinance eight skilled nursing facilities located in Texas.
Captivate Adds More Interest to Elevators
The company introduced a series of new features, including Screen Center 2.0, a completely redesigned tenant communication tool offering full-screen video capability.
Eastern Kentucky Lands $1.3B Aluminum Plant
The 2.5 million-square-foot facility is slated to break ground in early 2018. The Ashland area beat out 23 other potential locations.
Suburban Philly Office Asset Receives $6M Makeover
A joint venture of Carlino Commercial Development and the Rothman Institute succeeded in transforming the 85,000-square-foot Class C property into a premier Class A building.
Iconic Honolulu Office Asset Lands $75M Loan
TOPA Financial Center, a two-building office property, sits in the heart of downtown Honolulu. Newmark negotiated the financing on behalf of Duesenberg Investment Co., the owner of the asset.
New Home2 Suites Hotel Opens in N.M.
The 91-key hotel is located two miles from downtown Las Cruces, four miles from Sonoma Ranch Golf Course and 25 miles from the White Sands Missile Range.
Avison Young to Lease 250 E Ponce in Atlanta
The eight-story office tower is currently 84 percent leased to a diverse roster of tenants including Wells Fargo and Utility Associates.
Tenants Announced for Florida Retail Center
Currently under redevelopment, Delray Square is expected to be complete by mid-2018. The revamped shopping complex will be anchored by a 45,600-square-foot Publix Super Market.