Regions
CA Retail Center Sells for $45M
The 233,892-square-foot shopping center is located along Pacific Coast Highway in Marina, Calif. The buyer was a private investor based in Southern California.
CIT Group Provides $29M Loan for Boston-Area MOBs
Chestnut Healthcare Partners is the new owner of the buildings. Signature Healthcare Brockton Hospital and Anna Jaques Hospital occupy the two assets.
Avison Young Boston Adds New Principal
Industry veteran Bill Crean will focus on office tenant and landlord representation. He most recently served CBRE\New England as senior vice president.
How Will Autonomous Vehicles Change CRE Development?
Jeffrey Berman, general partner at Camber Creek, shares his thoughts on how driverless cars will impact several aspects of the business, and how property management strategies would need to change in order to maintain revenue levels.
JV Acquires Chicago Industrial Portfolio
HFF marketed the assets on behalf of the seller, Hackman Capital Partners. The properties include four buildings located in the O’Hare and South Cook submarkets.
DuPont’s Rainscreen Protects Cladding from Moisture Damage
The Tyvek DrainVent extends the life of exterior cladding by preventing cracking, peeling and rot.
Manhattan Office Deal Tops SL Green’s Big Day
The office REIT’s biggest news was its entrance into the hot Hudson Yards market, with the purchase of a $440 million property located at 460 W. 34th St.
TMG Partners, KKR Buy 24-Story Oakland Tower
The transaction marks the third change of ownership for 1221 City Center, an iconic office property in the central business district, over the past six years.
Meridian Group JV Buys Downtown DC Office
In a partnership with WeWork Property Advisors affiliates, the company plans to renovate 1333 New Hampshire Ave., a building where WeWork intends to lease 100,000 square feet.
Downtown Portland High-Rise Opens Doors
The 19-story Broadway Tower in the city’s central business district is now complete. Apart from office space, the property also includes a Radisson Red hotel.