Regions
Integra Realty Resources Brings Back New Jersey Office Director
John Gillooly has occupied the position until 2017 when he moved to Newmark Knight Frank.
SquareFoot Appoints Its First President
Michael Colacino, the former president of Savills, has joined the company’s leadership after being initially contacted for an advisory role.
Self Storage Rents Still Down Year-Over-Year
Heightened construction activity continued to hinder rent growth in the storage sector across the U.S.
Value-Add Play Wins $64M in Suburban Los Angeles
As demand grows for big blocks of office space, Griffin Capital Essential Asset REIT emptied 2160 Grand Ave. in El Segundo, Calif., and sold the 151,300-square-foot building to SteelWave.
Paramount Group Closes $1.3B Manhattan Refi
New financing for the 49-year-old trophy tower in the Times Square submarket was arranged by Eastdil Secured.
Privacy Booth Creates Quiet Workplace Retreat
The spacious product from VARIDESK is equipped with a fixed-height shelf, multiple AC and USB ports and a skylight.
Prologis, Norges Buy $2B Logistics Portfolio
The partnership’s purchase of 19 million square feet of logistics properties in markets across the U.S. follows a string of blockbuster industrial deals.
IAC Properties Lands 100 KSF Tenant at Chicago-Area Facility
The building is located within the 1 million-square-foot IAC Chicago Market Center.
Connecticut Transit-Oriented Campus Lands $150M Refi
The developer will use financing from PGIM for property renovations, as well as for the development of a $45 million mixed-use transit center in Greenwich.
New Supply to Weigh on CRE Return Growth
UBS Asset Management’s positive outlook for commercial real estate is tempered by new construction and increased capital expenditure requirements.