News
Economy Watch: More on California’s Massive Sale-Leaseback Deal
On Monday, the state of California approved a $2.3 billion sale-leaseback deal for 24 state office buildings, including the Ronald Reagan State Building in Los Angeles and the San Francisco Civic Center.
Bain Acquires Gymboree for $1.8B
The sales price translates to $65.40 per share, an acquisition figure that is up 57 percent from Gymboree’s closing price on Sept. 30.
Nike’s 189,400-SF Lease Reduces Portland Submarket’s Office Vacancy Rate
Nike Inc. has signed on for approximately 189,400 square feet in a deal that constitutes the largest new office lease in Beaverton’s Sunset Corridor in the last decade.
Berman Tapped to Lead JLL’s Healthcare Initiative
Berman will be responsible for client services when it comes to capital markets transactions, acting as a liaison to the recently expanded healthcare solutions practice.
Economy Watch: Nationwide Foreclosure Freeze on the Horizon?
Will all bank foreclosures be stopped, as opposed to some? That question, pretty much unthinkable a month ago, now has a life of its own.
ProLogis Fine-Tuning Deal to Sell Industrial Portfolio to Blackstone for $1B
If it comes to fruition, it will be a very, very big deal for global distribution facilities provider ProLogis.
HFF Arranges $80M in Financing for New York’s Puck Building
Listed on the National Register of Historic Places, the Puck Building was originally built in 1885 and was the headquarters of satire publication Puck Magazine.
Returning Allure of Boston Hotel Market Leads to $143.5M Radisson Deal
Investors have been rather keen on the Boston hotel market of late, and the trend continues with Northwood Investors L.L.C.’s acquisition.
Economy Watch: President Vetoes Bill Over Foreclosure Worries
H.R. 3808, the “Interstate Recognition of Notarizations Act of 2010,” didn’t begin life as a controversial piece of legislation.
AMB Inks Leases on 124,700 SF at Beacon Lakes Building
The building is located at Beacon Lakes, a joint venture of AMB and Flagler. It sits on 478 acres west of Miami International Airport and northwest of the intersection of State Road 836 and the Florida Turnpike.