Office
Vornado Refis NYC's 100 W. 33rd for $325M
Vornado Realty Trust’s flurry of activity in Manhattan continues as the REIT wraps up the refinancing of 100 West 33rd St., a mixed-use office property encompassing 1.1 million square feet. The transaction marks the completion of Vornado’s third Manhattan refinancing deal this year.
BioMed Realty Trust Signs Biotech Firm to 220 KSF Lease in San Francisco
BioMed Realty Trust Inc. is not naming names, but the REIT just landed a big fish at its 1.4 million-square-foot Pacific Research Center in Newark, Calif. A private biotech company has signed a long-term lease for 220,000 square feet at the sprawling campus in San Francisco’s East Bay submarket.
CBRE to Market, Lease Next Phase of $631M Hong Kong Science Park
The Hong Kong Science and Technology Parks Corp. has appointed CBRE Group Inc. as the strategic marketing and leasing consultant for the $631 million Phase III of the Hong Kong Science Park.
NKF Nabs Contract to Lease Boston's Faneuil Hall
Ashkenazy Acquisition Corp., the manager of Boston’s Faneuil Hall Marketplace, has awarded Newmark Knight Frank the contract for office-positioning and leasing responsibilities for the city landmark.
Macy's Signs 243 KSF Office Lease in San Francisco
Macys.com, the e-commerce-division of Macy’s Inc. department store, has just signed a lease with a joint venture involving TMG Partners and Rockwood Capital to occupy 242,600 square feet at 680 Folsom St. in San Francisco.
Mixed-Use Buckhead Place Development in Atlanta Gets $50M Refi
Buckhead Place, a mixed-use development in the Buckhead submarket of Atlanta, has just seen a $50 million permanent financing arranged by CBRE’s capital markets team, which represented the development’s owner, Buckhead Place L.L.C.
Kilroy Realty Buys Bay-Area Office Park for $162M
Kilroy Realty Corp. of Los Angeles has purchased Menlo Corporate Center in Menlo Park, Calif., for approximately $162.2 million. The seven-building, 374,000-square-foot park is 79 percent occupied by 10 tenants.
N.S.P. Ventures Purchases 236 KSF U.S. Mint Facility in D.C. for $148M
Japan-based N.S.P. Ventures has acquired 801 Ninth St., N.W., in Washington, D.C., a 236,000-square-foot building occupied in its entirety by the U.S. Mint, from the Netherlands-based Wereldhave USA for $147.5 million.
American Realty Capital Trust Goes Public, Lists on NASDAQ
Looking to “unlock the value of the company” for shareholders, American Realty Capital Trust Inc., the flagship REIT of a New York investment firm, began trading Thursday on the NASDAQ Global Select Market as a publicly traded, triple-net-lease REIT.
BPG Acquires Scottsdale Office Complex for $34M
Private-equity real estate fund manager BPG Properties Inc. has acquired the 223,605-square-foot, Class A Lincoln Towne Center in Scottsdale, Ariz., for $34.3 million from Lincoln Life Insurance Co.