News

Aligned Closes $1B Credit Facility—With Green Strings Attached

The terms of the facility are pegged to the data center provider’s performance on sustainability metrics.

JV Buys New Jersey Office Portfolio for $158M

The acquisition totals 1.5 million square feet across nine buildings in Parsippany and one in Madison.

Crestline Tapped to Manage Hyatt Hotels in Phoenix

The dual-branded hospitality property on the Arizona State University campus comprises a total of 259 keys.

Newmark Knight Frank Adds Specialist to Healthcare Platform

Ben Appel joins NKF from JLL, where he served as a managing director in the firm’s Healthcare Practice Group.

Lineage Logistics facility in Colton, Calif.

Lineage Logistics Raises $1.6B for Cold Storage Growth

An array of investors including Oxford Properties Group is banking on rising demand for food distribution.

Iron Mountain Sells Seattle Warehouse for $45M

The 276,330-square-foot facility previously traded in 2001, when Equity Industrial Partners sold it for $11 million.

Berkeley Partners Lands $32M for Denver Warehouse

Nuveen Real Estate provided the seven-year, fixed-rate loan for a 411,485-square-foot industrial property.

Trammell Crow, CBRE Global Investors Deliver Industrial Park

The Phoenix campus is the first Class A project of its kind along a 10-mile stretch of Loop 101 since 2008.

SL Green Lands Partner, Financing for Manhattan Project

The REIT closed on a $125 million construction loan.

Colliers Brokers San Francisco-Area Industrial Deal

Senior Vice President Todd Severson represented the seller, Quality Quartz Engineering, in the $8.8 million transaction.