News
Valet Self-Storage Startup ‘Closetbox’ Expands Nationally
After launching in Denver last spring, Closetbox has expanded its full-service storage model to 24 markets nationwide.
Kalikow Closes Sale for 70 Acres in Alamo City
The Kalikow Group announced the closing of a commercial development parcel and final component of Luckey Ranch.
TCN, GVA Create Global Coalition
The international real estate advisors have agreed to create an alliance that extends the scope of their markets with a transatlantic reach.
Economy Watch: Retail Sales See Uptick in November
Retail and food services sales turned in a modest increase in November compared with October.
Capital One, Others Provide $5.1B for Properties Sale
Capital One served as a co-lender and agent for an adjustable-rate Freddie Mac warehousing facility provided to Berkadia Commercial Mortgage.
NYC Office Building Commands $107M
A joint venture between William Macklowe and Principal Real Estate Investors has acquired 311 W. 43rd St.
30 Hudson Yards Closes $5B in Financing
Related Companies and Oxford Properties Group announced the closing of over $5 billion in financing for 30 Hudson Yards, the site’s flagship office tower, and the one million-square-foot Shops and Restaurants at Hudson Yards.
HFF Brings in Buyer, Financing for Chicago Tower
HFF closed the sale of 200 W. Adams. on behalf of Sterling Equities and Lincoln Property, while also securing acquisition financing for the buyer, Gerding Edlen.
Economy Watch: More Evidence That CRE Values Might Drop Next Year
The conventional wisdom, it seems, is fast becoming wedded to the idea that the peak is here for commercial real estate values, and 2016 will be the time for some kind of correction.
Same State, New HQ for Subaru
Subaru of America broke ground Wednesday on a new corporate headquarters in Camden, N.J.