News
2 Tulsa Sites Totaling 310 Acres Slated for Aug. 20 Auction
Columbia City-based Schrader Real Estate and Auction Company has recently announced it is organizing an auction event on the 20th of August to market around 310 acres of land northwest of Tulsa’s Central Business.
CWI Buys JV Stake in Fairmont Sonoma Mission Inn in $97M Deal
Carey Watermark Investors has purchased a 75 percent joint venture interest in the 226-room luxury resort from Fairmont Hotels & Resorts in a transaction valued at an aggregate $97 million.
Rehabilitation Completed at Bed-Stuy Low-Income Building
Renovated project by renovated project, Mayor Michael R. Bloomberg’s New Housing Marketplace Plan (NHMP)—a 10-year long, multi-billion dollar initiative that aims to create and preserve 165,000 affordable housing units in the five boroughs by the close of fiscal year 2014—is heading for fruition.
JLL Closes Miami’s Largest Industrial Lease of the Year
Ozburn-Hessey Logistics will soon be occupying the entire Pan American North Distribution Center in Medley, Florida, after signing what is said to be the largest new lease signed in Miami’s industrial market this year.
HCA Holds Open House to Preview $65M Poinciana Medical Center
Local community members will get a chance to see for themselves that the long-awaited Poinciana Medical Center is soon to become a reality, as HCA Healthcare has scheduled a VIP tour on July 13.
Garrison Investment Group Acquires Towson Commons
By Adrian Maties, Associate Editor Towson Commons has a new owner. New York-based Garrison Investment Group has purchased the 401,775 square foot mixed-use complex; the acquisition came after two recent major leases on the property. The price of the transaction was not announced. The sale was arranged by Cassidy Turley, a leading U.S. commercial real […]
SkyView Atlanta Ferris Wheel to Open July 16
Starting July 16, Atlanta residents and tourists will get unparalleled views of the city aboard the 20-story SkyView Atlanta Ferris wheel.
Karlin Real Estate Sells GMC Building to Gladstone Commercial Corporation
One of the four national Innovation Centers of General Motors Company has changed owners. Los Angeles-based Karlin Real Estate has rolled over the property located at 717 E. Parmer Lane in North Austin to Gladstone Commercial Corp. for $57.5 million, reports Austin Business Journal. At the same time, Gladstone announced it placed a 10 year non-recourse loan through Cantor Commercial Real Estate that covers at least part of the acquisition amount.
Google Unveils New London HQ in King’s Cross Redevelopment
Tech giant Google has marked the real estate market during the past years with high-profile leases and property acquisitions in cities like New York, London and Dublin, always putting its creative, alternative stamp on the office space it took over.
Griffin-American Expands Internationally with $448M Acquisition
Griffin-American Healthcare REIT II has made its first international acquisition, picking up a 44-facility portfolio of seniors housing and care facilities in the United Kingdom for approximately $448 million.