News
International: Scotland’s Largest NHS Hospital Project Underway
Brookfield Multiplex has rolled up its sleeves to build Scotland’s largest ever public hospital project.
Sempra’s HQ Scores $30M in Financing
Shapery Enterprises recently secured a loan for its 101 Ash Street property, with the help of financing provider HFF. Shapery controls the borrowing entity, The Gas & Electric Headquarters Building – San Diego, LP, and received $30 million in financing for the property. The team that handled the financing process was led by HFF senior managing director Tim Wright and director Zack Holderman.
C&W Owner Seeks Private Buyer with Deep Pockets
Look for another shakeup in the commercial real estate world with reports that Cushman & Wakefield is up for sale.
ARCP Trades Apollo Corporate HQ
American Realty Capital Properties has capitalized on the increasing strength of the Phoenix commercial real estate market with a sale.
Hudson’s Bay to Launch Two Mega JVs
Hudson’s Bay Co. has entered into two agreements, with the aim to focus on real estate growth opportunities in the United States and Canada.
New Clay House to Get $12M Makeover
Richmond’s New Clay House is about to get a makeover. On Monday, February 23, the Richmond City Council and Planning Commission approved a project that will renovate and expand the permanent housing facility for the homeless.
HFF Fashions Nine-Digit Financing Deal for Five-State Hotel Portfolio
It’s a great time to be a borrower right now, according to HFF.
Terreno Realty Corporation Pays $10.4M for Another Industrial Property in Annapolis Junction
Terreno Realty Corporation has acquired another industrial property in the Baltimore/Washington Corridor. The San Francisco-based company paid approximately $10.4 million to buy the property at 9070 Junction Drive, in Annapolis Junction. The deal closed on February 19.
Southern Lifestyle To Build $325M Mixed-Use Development on Former Cattle Ranch
A Lafayette-based developer plans to start work on a massive, mixed-use development in the Baton Rouge metro area. The $325 million project will replace a former cattle ranch with retail stores, apartments and homes.
California Bioscience Firm Opens Diagnostic Lab near Tucson
By Balazs Szekely, Associate Editor A health diagnostics laboratory is soon to arrive at the Tucson scene. LCMS Laboratories Inc. announced a new commercial lease agreement for an undisclosed amount of space at 10831 N. Mavinee Drive, Suite 105 in Oro Valley. Bob Davis of Rein & Grossoehme Commercial Real Estate represented LCMS Laboratories in […]