Regions
JV Breaks Ground on CA Manufacturing Facility
Morton Commerce Center, formerly the site of Morton Salt in Newark, will comprise four buildings totaling more than 600,000 square feet.
CIM Group Acquires Seattle Office Asset for $151M
Pacific Eagle Holdings sold the historic Dexter Horton building in the downtown area. The 335,000-square-foot property underwent extensive renovations in 2002 and 2015.
LaSalle Investment Adds $1.2B Debt Fund Business
The global real estate investment manager acquired a majority stake in Latitude Management Real Estate Investors, naming the new debt platform LaSalle Mortgage Real Estate Investors.
DC Moxy Hotel Receives $47M Loan
Working on behalf of Douglas Development Corp., BHI arranged the refinancing of a 200-key hotel that includes more than 4,000 square feet of retail space.
Skechers Breaks Ground on $150M SoCal HQ Expansion
The international footwear company will increase its presence with roughly 180,000 square feet of new and expanded space in the Los Angeles-area beach communities of Manhattan Beach and Hermosa Beach.
Innovatus Capital Partners Buys Nashville Office Portfolio
The two buildings add up to more than 340,000 square feet and traded for nearly $64 million. The properties last changed hands in early 2017.
Duke Realty Appoints New VP
Scott Henderson has more than 15 years of experience and will be in charge of leasing and development activities. He will oversee a 6.1 million-square-foot portfolio in Pennsylvania.
Spin Master Relocates, Consolidates NYC HQ
The Canadian company is expanding its New York City footprint by joining its games and puzzle division at The Factory, a 1.1 million-square-foot creative office building in Long Island City.
Nashville Holiday Inn Sells for $118M
The buyer, Highland Capital Management, assumed three CMBS loans taken by the seller between 2016 and 2017 and totaling $72.5 million.
LaSalle Buys Munich Office Portfolio for $194M
Working on behalf of its Encore+ Pan European Fund, the company acquired two properties totaling roughly 430,000 square feet. JLL, CBRE and Colliers International negotiated the deal.