News
Frost Bank Tower Lands $123M Refi
Earlier this year, the 33-story office property in Austin won The Outstanding Building of the Year Award for the Southwest region in the 1 million square feet category.
HFF Closes $25M Portland Office Sale
Swift Real Estate Partners acquired the three-building office property, which is 92.5 percent leased to a mix of tenants.
The Fallon Co. Shells Out $25M for Charlotte Office Asset
The firm purchased the 12-story Cameron Brown Building in Charlotte’s Second Ward to serve as its regional headquarters. The Fallon Co. plans to make further investments in the growing market.
CBRE Strengthens South Florida Team
The four executives will complement the firm’s various practices, leading statewide efforts in expanding the company’s South Florida footprint.
Northwell Health Inks Lease at Greenwich Lane in NYC
The health care provider will open a new community facility within the state-of-the-art condominium complex in order to serve local residents. The 199-unit asset is jointly owned by Rudin Management Co. and Eyal Ofer’s Global Holdings.
Economy Watch: Economy Creates 220K Jobs in June
Job growth in June exceeded the average of 194,000 jobs created over the past three months, according to the Bureau of Labor Statistics latest jobs report. The April and May job numbers were also revised up.
Kearny Real Estate Expands San Diego Team
The company has strengthened its property management practice with the addition of Director Sonia Miró, Associate John DeSantis and Administrator Teresa Souris.
Transwestern Appoints New Director of Operations
Real estate veteran Lisa Addeo will be based in the firm’s New Jersey office. She will support the brokerage team and oversee operations, finance and compliance activities.
BOMA Announces New Officers
Appointments were made in the form of a new chair & elected officer, secretary & treasurer, chair-elect and vice chair.
Terra Group Receives $32M Loan for Miami Development
Mary Street will mark the first delivery of a Class A office building in Miami’s Coconut Grove neighborhood in more than 25 years. Construction will break ground in August 2017.