Regions
Rosenthal, PGIM Buy Richmond-Area Retail Portfolio for $125M
The companies have formed a joint venture to acquire the 745,000-square-foot collection of five grocery-anchored shopping centers from Marchetti Properties.
Data Centers Hit Record Absorption
Northern Virginia continues to outperform other data center markets, racking up more than half of all U.S. leasing in 2018, according to a new report from CBRE.
KBS Inks 196 KSF Lease Renewal in Baltimore
Morgan Stanley has been anchoring the 260,000-square-foot Thames Street Wharf since it was completed in 2010. The building is part of the 27-acre Harbor Point project.
IHG Opens Kimpton in Scotland
Located in the UNESCO world heritage site of Edinburgh’s Georgian New Town, The Kimpton Hotels & Restaurants-branded property offers 184 guestrooms and 15 suites.
Gen-Z’s Impact on Workplace Design
HGA Architects’ Associate Vice President Melissa Jancourt shares what the next round of workers are looking for in office design and workplace culture.
Moinian Closes $595M Refi for Manhattan Asset
The developer secured a CMBS loan for 3 Columbus Circle, formerly known as the Newsweek Building and originally built as the General Motors Corp.’s headquarters.
DRA Advisors Buys Minneapolis Office Portfolio
The nearly $74 million deal includes two high-rises totaling more than 620,000 square feet of Class A space in the city’s central business district.
United Airlines Renews Lease at Chicago’s Willis Tower
The new agreement extends the carrier’s existing lease until 2033. United will invest millions to upgrade its 850,000-square-foot headquarters at the famed property.
AshbyCapital Secures $142M in Financing for London Property
The company is planning to transform the Brutalist-style building, developed in the 1970s in the Kensington area, into an office and retail asset.
Avison Young Welcomes New Philadelphia Principal
Wayne Hunt brings 42 years of experience to the position, with previous executive roles at Cushman & Wakefield, JLL and The Galbreath Co.