Regions

Is CRE Asking the Right Questions About Smart City Investment?

City governments are increasingly sourcing private capital for smart city initiatives, but commercial real estate developers and investors want to know: How do we benefit? Deloitte’s Steven Bandolik and Josephine Tucker examine this issue.

Rockwood Capital Buys Historic Santa Monica Building

The 58,000-square-foot office asset last changed hands in 2017 for more than $52 million.

Hilton Launches New Lifestyle Brand

The hotel firm has already secured 30 commitments for its latest offering, Tempo by Hilton, which is designed to appeal to the ambitious modern traveler.

Stockbridge Sells Fully Leased Portland Industrial Asset

The company acquired the property in 2014 as part of a larger portfolio transaction.

Westinghouse Campus in Pittsburgh Reels In $180M

Columbia Property Trust has closed on the disposition of an 824,000-square-foot, Class A headquarters complex in Cranberry Township.

Bronx Office Building Trades for $65M

The previous owner renovated the 188,000-square-foot asset in 2016, upgrading its lobby, entrance and elevators.

Newmark Knight Frank Grows Philadelphia Finance Group

Jim Badolato, Steve Comly, Matt Cullison and Mike McKee joined the company’s debt and structured finance team.

Transwestern Arranges Michigan Office Lease

Bill Harvey, Chuck Howard and Neil Leising represented landlord FD Stonewater in the deal.

Parkview Financial Backs Inland Empire Mixed-Use Project

Parkview Financial provided financing for the construction of nine buildings featuring retail and industrial space in Winchester, Calif.

Northwestern Mutual Expands Manhattan Footprint

The insurance company leased 91,217 square feet within Brookfield Place in Lower Manhattan.