News
Sale at Tufts in Boston Nets $112M for Daymark
Two medical-office buildings located on the Tufts University campus near Downtown Boston have just moved off the books of Daymark Realty Advisors and into the hands of ProMed Properties for a purchase price of $112 million.
Sabal Financial Purchases $212M Loan Portfolio
Sabal Financial Group L.P. has snapped up a $212 million portfolio of performing and non-performing loans from a leading bank based in the Midwest. The portfolio includes real estate located primarily in Florida, Illinois and Wisconsin.
$118M Refi for Two-Building Complex Near D.C.
HFF announced the $118M refi of the 626,004-square-foot Century Center in Crystal City, Va., a two-building complex with ground-floor retail.
MIG Real Estate Shells Out $56M for 376 KSF San Diego Office Portfolio
MIG Real Estate, keen on opportunities in San Diego’s Class B office market, has just acquired a five-building portfolio for $56 million.
East West Partners, Starwood Capital JV to Revitalize Downtown Denver
There’s a renaissance underway in downtown Denver and East West Partners and Starwood Capital Group are doing their part with the establishment of a joint venture that will focus on advancing the area’s revitalization.
Wyndham to Build New HQ in 250 KSF Office Tower
In a project that will be handled by Mack-Cali Realty Corp., Wyndham Worldwide announced that it will develop a 203,000-square-foot Class A office to consolidate its Parsippany, N.J.-based workforce on a single campus.
Avison Young Recaps 540 KSF in Boston
Taking advantage of its ability to lock in good financing, Avison Young recapitalized three commercial properties totaling 540,000 square feet in Boston and its suburbs.
UNT’s Sustainable Mean Green Stadium Ready for Opening
By Georgiana Mihaila, Associate Editor
A sneak peak at the official site of University of Texas’ new Mean Green Stadium reveals less than a month left before its long-awaited opening. The $78 million project is now complete and has been unveiled […]
Downsized Office-Over-Retail Concept Gains Popularity; SLC Plans State-of-the-Art Theater
By Gabriel Circiog, Associate Editor
The latest city council meeting in Holladay saw the local residents supporting a new proposal in the Village Center development, The Salt Lake Tribune reports. Although six years have passed since the council chose Cowboy Partners as developer of a picturesque village center, the alternate plan of Holladay Village Center 1 […]
Wereldhave Develops 120-acre European-Like Project in San Antonio
By Camelia Bulea, Associate Editor
A 120-acre mixed-use project developed by Wereldhave in San Antonio is currently under development. Called Éilan, after the French word élan (meaning “vigor” and “distinctive elegance”), the development will include offices, retail, a hotel and apartments. […]