News
Boston Mixed-Use Development Lands $80M Financing
The borrower and new owner of Suffolk Downs plans to redevelop the horse racing facility into a mixed-use project including office, retail, housing and open space.
Rockefeller Nabs 228-Acre NJ Industrial Site
The disposition of the property comes three years after Lincoln Equities and Real Capital acquired it from Dow Chemical subsidiary Union Carbide.
Atlanta Property Group Nabs 1.3 MSF Office Portfolio
The six properties are located across Charlotte, N.C.; Pittsburgh, Pa.; and Orlando and Tampa, Fla. The transaction marks APG’s first investment venture outside metro Atlanta.
Natixis Facilitates First “Green Bond” CMBS Deal
The firm issued the first green-specific tranche in a CMBS to refinance part of Ivanhoé Cambridge and Callahan Capital Properties’ $358.6 million acquisition loan for New York City’s 85 Broad St.
Jernigan Invests $50M in Self-Storage
The climate-controlled, multi-story projects will be located in Boston, New York and Knoxville, Tenn. The 3,100-unit portfolio is scheduled to come online in 2018.
Transwestern, Rivion Partner in Sustainability
Formerly Transwestern Sustainability Services, the firm will provide consulting services to commercial real estate owners, users and operators globally.
Indianapolis: Full Speed Ahead
Demand for apartments continues to be strong, thanks to the locale’s relative affordability. The city’s high-quality education system and skilled workforce attract residents and employers, propelling economic growth.
Nidec Shimpo Sells Itasca HQ
NAI Hiffman represented the company, a supplier of drive technology and gearing solutions, in the sale of its 24,428-square-foot building located in Itasca, Ill.
Quantum Closes on Illinois Retail Deal
The 5,000-square-foot property is located in Skokie, Ill., and is fully leased to ATI Physical Therapy and I Love Kickboxing.
HomeAway Doubling Down in Austin
The new 16-story office tower is scheduled for completion by the first quarter of 2019 and will accommodate more than 2,000 additional employees.