Regions
Millennials vs. CRE: What to Expect
Melissa Reagen, head of research for TH Real Estate, discussed with CPE about Millennials’ impact on commercial real estate and how their housing preferences are changing.
Terreno Picks Up Newark Industrial Asset for $6M
The company completed the transaction with the help of $55 million in acquisition financing, secured by a nine-property portfolio located mostly in the Jersey cities of Newark and Kearny.
The Changing Face of NYC Self Storage
CBRE’s Kenneth Herman and Christian Sonne discussed the possible changes and challenges the New York City self-storage market will face because of the recently adopted zoning regulations.
AREA15 to Bring Immersive Retail, Entertainment to Las Vegas
Real estate development firm Fisher Brothers and creative agency Beneville Studios have teamed up to deliver the 126,000-square-foot project by late 2019.
NorthMarq Arranges $157M Loan for Bay Area Office Project
Borrowers Bohannon Development Co. and Alexandria Real Estate Equities will use the financing to develop the 521,000-square-foot Phase II of Menlo Gateway, which will be occupied by Facebook.
Lee Harvard Shopping Center in Cleveland Trades for $13M
Arnold J. Eisenberg Inc. facilitated the sale of the 190,000-square-foot retail asset on behalf of the seller, Excelsior Capital Partners.
Liberty Property Trust Sells Office Building at Philly Navy Yard
The $130.5 million acquisition of a building that’s fully leased to pharma giant GlaxoSmithKline marks the second major purchase for Korea Investment Management in Philadelphia.
Historic San Francisco Hotel Changes Management
Sonesta International will operate the 372-key luxury property. The asset, placed in the heart of the Tenderloin neighborhood, opened in 1915.
Phoenix Investors Grabs $14M Industrial Portfolio
The two former Quad Graphics properties, located in rural Tennessee and Illinois, total more than 1.1 million square feet. The new owner plans to renovate both assets.
NY Storage Facilities Receive $36M Refi
The two properties, located in Queens and Yonkers, received a combined $36 million loan. Progress Capital secured the financing on behalf of Storage Fox Inc.