News
Turnbridge Equities Pays $37M for Durham Office Asset
Knighthead Funding originated a one-year, $21 million loan for the acquisition of Tower at Mutual Plaza.
The RMR Group Promotes Jennifer Francis to EVP
The executive oversees asset management for the Nasdaq-listed firm, which has a more than 2,100-property portfolio.
COVID-19’s Economic Outcome: A More Active Government Role?
Yardi Matrix’s Paul Fiorilla on how the pandemic is shifting views about government intervention—and what that means for commercial real estate.
Megaprojects Are Preparing to Face the New Normal
Here’s how three developers altered their large-scale, mixed-use developments to cater to tenants’ needs when the pandemic subsides.
Adopting the Proworking Approach in 2020
“It’s clear that the need for dedicated office space isn’t going anywhere,” Firmspace CEO Anish Michael told CPE. Here’s how his coworking company is balancing flexibility and safety with privacy.
Columbia Property Trust Recaps $400M San Francisco Asset
The company retains a 55 percent stake in the office tower, while joint venture partner Allianz Real Estate contributed $180 million for a 45 percent ownership interest.
Plymouth Industrial Closes $300M Unsecured Credit Facilities
The unsecured $200 million revolving facility and $100 million term loan have an accordion feature for an additional $200 million of borrowing capacity.
Absolute Storage Appoints Vice President of Operations
The company has promoted Senior Regional Manager Michelle Dean, who first joined the firm in 2010.
Transwestern Kicks Off $50M New York City-Area Project
The company will renovate a 146,000-square-foot warehouse and build a 151,700-square-foot facility on the 16-acre site.
Monday Properties JV Buys Northern Virginia Office Building
The company has teamed up with neo capital to acquire Shirlington Tower in Arlington.