Regions
IKEA to Open First US City Center Store
The new location, which will feature the nation’s first IKEA Planning Studio concept, is scheduled to open in Midtown Manhattan in the spring of 2019.
Square Mile Provides $161M Loan for NYC Office Tower
Borrowers Rockwood Capital and Midtown Equities utilized the financing for the acquisition and repositioning of One Broadway, a 253,000-square-foot, landmark building in downtown Manhattan.
Ares Management Closes $1B Fund
The firm’s ninth investment vehicle is significantly larger than the fund that closed in 2014, on the strength of support from both current and new investors.
Aristocrat Technologies Campus Tops Off in Las Vegas
The single-tenant, built-to-suit office building encompasses 180.000 square feet of rentable space and is located in the submarket of Summerlin.
Eyes on the Prize: Growing the CRE Talent Pool
At ICSC’s annual New York Deal Making event, IKEA’s head of U.S. real estate offers insights into attracting diverse talent, as well as a lesson in tenacity.
St. John Properties Breaks Ground on 3 Buildings in MD
The structures will house a total of 200,000 square feet of flex, R&D, bulk and warehouse space. All three facilities will be completed in the summer of 2019.
Denver-Area Office Towers Land Refis
Located south of downtown Denver, the two assets add up to more than 200,000 square feet. Situs Enterprises bought the properties in 1995 and 1997.
Howard Hughes Corp. Wraps Up 2nd Vegas Mid-Rise
Law firm Greenberg Traurig has already leased 16,000 square feet at the six-story property, with another tenant slated to move in this month.
Starwood Capital Lends $12M for Vegas Office Asset
The financing is for Southern Highlands Corporate Center, Olympia Cos.’ headquarters, a Class A building encompassing roughly 71,500 square feet.
Colliers Arranges Land Sale for Solar Farm in Sacramento
The four Sacramento County parcels, about 10 miles east of Sacramento International Airport, received approval in 2010 for a 10-megawatt solar farm.