Mixed Use
Miami Beach Asset Commands $283M
CBRE Global Investors teamed up with Universal-Investment to acquire 1111 Lincoln, a fully leased office and retail property designed by Herzog & de Meuron Architects.
BGSU, JLL Carry Forward $200M Master Plan
The long-term initiative comes alive with the opening of a high-tech facility. In line with the academic-focused phase of the project, BGSU will be renovating, constructing, demolishing and upgrading more than a dozen buildings across the campus.
Terra Group Receives $32M Loan for Miami Development
Mary Street will mark the first delivery of a Class A office building in Miami’s Coconut Grove neighborhood in more than 25 years. Construction will break ground in August 2017.
Boston Mixed-Use Development Lands $80M Financing
The borrower and new owner of Suffolk Downs plans to redevelop the horse racing facility into a mixed-use project including office, retail, housing and open space.
Nidec Shimpo Sells Itasca HQ
NAI Hiffman represented the company, a supplier of drive technology and gearing solutions, in the sale of its 24,428-square-foot building located in Itasca, Ill.
U of Utah Health Inks Redevelopment Lease
Cushman & Wakefield Commerce and CBRE represented the tenant. The Sugar House building is part of a wider mixed-use area revitalization by Westport Capital Partners LLC.
YgreneWorks Exceeds $600M in PACE Financing
YgreneWork’s PACE program has helped finance approximately 29,000 completed contracts, the equivalent of $639 million allocated for energy efficiency, renewable generation and water conservation improvements.
Conor Commercial Completes New HQ for AMS Systems
The 145,200-square-foot building is part of the Union Pointe business park in Woodridge, Ill., and features a two-story, 31,000-square-foot corporate office component.
Darwin Realty Inks Illinois Warehouse Lease
The 103,987-square-foot facility is located in Elk Grove Village, Ill., and is leased by Marketplace Brands, a seasonal food gifts distributor.
Mandarin Oriental to Open First Property in Australia Tower
The hotel and residences will be located in a $227 million, mixed-use tower designed by Zaha Hadid Architects, in Melbourne. The property will feature 196 keys and 148 luxury apartments.