Office
Hines Completes First Closing of $1.4B European Fund
Thirteen institutional investors made equity commitments totaling approximately $709 million to a core plus/value-add investment vehicle that will have leveraged buying power of roughly $3.3 billion.
ElmTree Funds Sells $900M Net Lease Portfolio
The firm sold the 18-property portfolio located in markets across the U.S., including Texas, Missouri and Alabama, to a global asset manager.
NorthMarq Scores $185M Refi for Northrop Grumman Campus
The recently opened, 47-acre campus in Chandler, Ariz., manufactures launch vehicles for commercial and military customers.
SJP Properties Inks New Midtown Manhattan Lease
The new tenant will occupy a recently renovated floor in an 18-story building.
JLL Expands Madison Avenue Footprint
The company will now occupy a total of 150,000 square feet across five floors in Munich Re Group’s premier asset.
North American CRE’s Outlook for 2020
Transwestern Commercial Services and Devencore’s 2020 sentiment survey unveils the expectations for the industry’s performance this year.
Top Facilities Management Trends
Aramark’s new report highlights areas where technology, people and operations intersect.
8 Tips to Turn Class B, C Offices More Energy Efficient
The latest Urban Land Institute report details low-to-no-cost measures to maximize these buildings’ performance.
Avison Young Expands Phoenix Footprint
The company has signed a six-year lease for a new office within the Camelback Lakes campus.
BH Properties Buys Dallas Office Building
The 60,000-square-foot vacant asset is located on a high-visibility parcel adjacent to highway 75.