Regions
Calare Snags 511 KSF Boston-Area Industrial Portfolio
CBRE/New England secured acquisition financing for the purchase of two distribution and warehouse properties located in an Economic Revitalization Zone in Merrimack, N.H.
Nonprofit and Public Sector Has Record Year in NYC
While New York City saw a decline in investment sales in 2017, nonprofits and public agencies in the market ended 2018 with a record-high number of sale and leasing transactions, a recent study from Cushman & Wakefield shows.
Economy Watch: More Rate Hikes Likely This Year
The Federal Reserve announced its plans for “gradual” interest rate increases due to the strength of the U.S. economy, according to the recently released Federal Open Market Committee meeting minutes.
NKF Expands Philadelphia VAS Team
The Valuation & Advisory group rapidly grows nationally and locally. NKF’s Philadelphia office hired two veterans with approximately 45 years of combined real estate experience.
SL Green to Sell NYC Office Condo for $633M
Along with joint venture partner Ivanhoé Cambridge, the REIT will sell the 674,000-square-foot building to an institutional client of Invesco Real Estate.
Ginsburg Development Acquires NY Office Complex
The firm purchased the property from Robert Martin Co. and plans to convert it into a mixed-use development that will offer office, retail, restaurants and residential units.
Multi-State Industrial Portfolio Changes Hands
Clarion Partners picked up 3.8 million square feet spread out across Denver, Dallas, Las Vegas and Atlanta. CBRE worked on behalf of the seller in the transaction.
Transwestern Taps New VP to Oversee, Grow Seattle Operations
Craig Maturi will focus on expanding the firm’s services platform, elevating and innovating client services, attracting new talent and creating new business opportunities in the Greater Puget Sound area.
New NorCal Coworking Space Opens
The flexible space, operating under the Un[CO]mmon brand, includes 10,000 square feet of co-working space, in addition to conferences rooms, an open kitchen and social meeting areas.
Vegas Office Commands Record Price
Logic Commercial Real Estate represented the seller, Dornin Investment Group, in the sale of the nearly 95,000-square-foot Class A office building.