Regions
AEW Sells NJ Retail Center for $42M
ShopRite is Wall Towne Center’s largest tenant, making the roughly 100,000-square-foot property the only grocery-anchored retail center along Route 34.
Skanska Invests $41M in Poland Office Campus Expansion
The High5ive complex will be the largest office development in the city of Krakow, totaling around 753,000 leasable square feet across five buildings.
Retail Properties of America Sells Last Office Asset
Schaumburg Towers in Schaumburg, Ill. comprises 895,400 square feet across 20 floors and sold for $86.6 million, a $51.4 million difference since the company purchased the campus in 2004.
Meridian Arranges $240M Loan for NYC Office Tower
The Hakimian Organization will utilize the proceeds to refinance 636 11th Ave., a 560,000-square-foot property fully leased to advertising and public relations firm Ogilvy & Mather.
Vornado to Exit Troubled Kushner Building in NYC
Kushner Cos. will buy out Vornado Realty Trust’s nearly one-half interest in the 666 Fifth Ave. office condominium, as a sale of a similar stake to another mega-investor reportedly is pending.
Cawley Chicago Expands Executive Team
Zach Pruitt and Nicholas Schaefer were appointed as principal and vice president, joining three other former colleagues from their previous workplace, NelsonHill.
Top 8 Office Completions in Kansas City
During the last 12 months, the metro added almost 1 million square feet of new office space, most of the projects favoring the dynamic College Boulevard business corridor in the Overland Park submarket.
Memphis Industrial Portfolio Commands $50M
A partnership between Diamond Properties and funds managed by Ares Management LP acquired 43 buildings in the deal, thanks to $32.5 million in financing arranged by HFF.
BWI Airport Sheraton Hotel Changes Hands
Vista Group of Cos. acquired the 203-key Sheraton Hotel Baltimore Washington Airport. The property is a seven-minute drive from the airport, offering a complimentary shuttle service.
SL Green Leases 2 Full Floors at Tower 46
Located at 55 W. 46th St., the 2013-built property comprises 347,855 square feet across 34 stories. Features include column free floors, 14-foot slab heights, in-building parking, floor-to-ceiling windows and a tenant-only fitness center.