Regions
NAI Hanson Completes Sale of NJ Flex Property
T&M Realty Associates purchased the 2,800-square-foot, mixed-use building in Hackensack from Voorhis Associates. The deal included 0.3 acres of land.
Union Investment Buys $149M Portland Hotel
The Germany-based firm has acquired The Porter, a 294-key hotel, located in the city’s central business district. The acquisition marks the company’s sixth property in the U.S.
243 KSF Office Asset Trades in Poland
Skanska sold Nowa Fabryczna in Łódź to real estate fund manager Niam. The building is situated next to the the recently completed Łódź Fabryczna train station.
Rosenthal Property Portfolio Sells for $16M
The 102,859-square-foot asset, located in East Los Angeles/Boyle Heights, traded to Maple DTLA LLC, a local apparel company and investor.
JV to Transform LA Mall into Office Property
Hudson Pacific Properties and Macerich will redevelop 500,000 square feet of Westside Pavilion into creative office space, reserving 100,000 square feet for its existing entertainment retail space.
AEW Buys $53M MA Office Asset
Located at 101 Station Drive in Westwood, the 208,134-square-foot office property is currently 100 percent leased to eight tenants and recently underwent a multimillion-dollar renovation.
IAC Acquires Phoenix Industrial Asset
A Kidder Matthews team led by Mike Ciosek, Eric Bell and Dylan Scott negotiated the deal for the 50,000-square-foot building.
The Impact of P3s on US Building and Infrastructure Projects
Skanska’s Michael C. Brown talked to Commercial Property Executive about the current status of Florida’s construction sector and the significance of public-private partnerships.
Tech Firm Inks 10-Year, 3-Floor Manhattan Lease
The 20-story Class B office tower, situated in the Flatiron District, is currently undergoing significant capital improvements, expected to be complete in spring 2018.
Phoenix-Area Retail Center Trades for $22M
The 118,377-square-foot property located in Glendale is 97 percent leased, with Walmart as main anchor. Lee & Associates Arizona represented both the seller and the buyer.