Office
REITWeek Special Report: Blackstone’s Gray on Where to Find Value
Jonathan Gray, Blackstone’s global head of real estate, dispenses advice on how to find assets that will outperform in today’s real estate cycle at REITWeek in New York City.
JPMorgan Chase Grabs 58-Acre Suburban Delaware Office Campus
JPMorgan Chase & Co. has just gotten its hands on 357,500 square feet of top-notch office space in Wilmington, Del., with the acquisition of biopharmaceutical company AstraZeneca’s 58-acre South Campus.
Related Cos., Oxford Unveil Fifty Five Hudson Yards
Related Cos. and Oxford Properties continue planning for the massive $15 billion Hudson Yards development on Manhattan’s West Side by unveiling the design of Fifty Five Hudson Yards, a 51-story, 1.3 million-square-foot office building.
Port Authority Focusing on Private Capital for Silverstein’s 3 WTC Building
The Port Authority of New York and New Jersey met on Wednesday and revealed a change in its approach to the financing for Silverstein Properties Inc.’s development of 3 World Trade Center.
DTZ Launches Latin American Operations with Opening of Mexico City Office
Global property services firm DTZ has opened its Latin American regional headquarters in Mexico City.
DivcoWest Buys 483 KSF Class A Office Complex in El Segundo, Calif.
DivcoWest has completed the purchase of Continental Grand Plaza, a two-building, 483,000-square-foot Class A office campus at 300-400 Continental Blvd. in El Segundo, Calif.
Chinese Developer Buys Majority Stake in Historic San Francisco Office Property for $350M
Chinese developer Kylli Inc. has bought a majority stake in the 22-story office building at 225 Bush St., in the San Francisco CBD, taking the share previously owned by GEM Realty and SEB ImmoInvest.
Lincoln Property Sells 3-Building Office Asset in Orange County for $94M
Nearly three years after acquiring One Pacific Plaza through a receivership sale, Lincoln Property Co. and GEM Realty Capital have sold the three-building, Class A, Orange County office property to Prudential Real Estate Investors for $94 million.
NGKF Enhances Presence Throughout South America
Newmark Grubb Knight Frank has created a sizeable footprint in South America with the addition of 50 senior-level advisors in Argentina, Brazil, Chile, Colombia and Peru.
Parkway Properties Taps Transwestern to Lease 346 KSF Office Complex in Miami
Parkway Properties has hired Transwestern to lease Courvoisier Centre, a 346,000-square-foot office building located on Brickell Key, Miami.