Regions
Historic MA Building Begins Rehabilitation, Expansion Process
Athenian Corner Restaurant, a five-story property built between 1896 and 1905, is a Lowell landmark. Cherrytree Group arranged financing for its revamp, which includes the addition of a boutique hotel.
Google Unveils Office Makeover for West LA Mall
The tech juggernaut is leasing 584,000 square feet at the former Westside Pavilion, which will be repurposed as an office property by Hudson Pacific Properties and Macerich.
Construction Begins on 2 LA-Area Industrial Facilities
Prologis is developing two Class A industrial buildings totaling more than 346,000 square feet in Vernon, Calif., a town with an industrial inventory of about 56 million square feet.
Mack-Cali Sells NY Warehouse for $70M
The disposition of the 386,000-square-foot Elmsford Distribution Center in Westchester County marks another step in the company’s portfolio transformation program.
New York City’s Health System Lands $758M Lease
The largest public health care system in the nation signed a 25-year lease for more than 500,000 square feet of office space in the Financial District.
Greenwich Hospitality Group Acquires MI Resort for $23M
The new owner plans to spend two years and more than $10 million to upgrade and renovate the 179-key waterfront property.
EquiCap Commercial Sells WI Facility
The firm’s Self Storage Advisory Group arranged the sale of the self storage property located in West Allis, approximately 6 miles from downtown Milwaukee.
Phoenix Newspaper Headquarters Sells for $38M
The ViaWest Group acquired the Arizona Republic’s headquarters in the city’s central business district. Current tenants, all affiliates or spinoffs of Gannett, will remain at the property.
Portland Office Assets Change Hands
Tigard Corporate Center is comprised of two-story buildings totaling more than 120,000 square feet of Class A office space. The properties are fully leased to two tenants.
Hana Financial Acquires Frankfurt Office Property
Hines advised the firm in its purchase of Helix, a nearly 390,000-square-foot building located in Helfmann Park. The asset is currently leased to Commerzbank.