Regions
Caliber, Habitat Metro Acquire 8 AZ Assets
The new owners are planning to redevelop the downtown Mesa historic buildings, as part of the city’s revitalization project.
Alexander & Baldwin Takes 3 in Hawaii for $254M
Terramar Retail Centers disposed of three newly constructed retail centers, totaling 391,000 square feet. As part of the transaction, A&B also assumed $62 million in mortgage debt.
Hudson Pacific Inks 102 KSF Hollywood Lease Renewal
Trailer Park, a full-service agency specializing in content creation and entertainment marketing, has signed a 10-year lease renewal at 6922 Hollywood Blvd., and plans to renovate the space to accommodate for company growth.
Economy Watch: CRE Cap Rates Mostly Stable in 2H 2017
Despite strong global capital inflows into U.S. commercial real estate, CBRE expects higher interest rates and inflation will put pressure on cap rates this year.
SPI Inks Lease at NJ Industrial Asset
The new tenant signed for more than 25,000 square feet of manufacturing and distribution space in the building, which is situated within 10 miles of Manhattan.
HFF Arranges $39M Loan for Chicago Hotel
The company represented the borrower, an affiliate of Arbor Lodging Partners, for the acquisition of a 398-key hotel in the Schaumburg suburb of Chicago.
Awair Presents New Indoor Air-Quality Monitor
The device provides data analytics—through alerts and notifications—allowing business owners to create prolific settings for both employees and customers.
Hyatt Hotels Appoints CCO
Mark Vondrasek joined the company in September 2017 as executive vice president, having previously served Starwood for almost 15 years.
Investcorp, Schnitzer West Refinance Seattle Office Tower
The local HFF debt placement team worked on behalf of the joint venture to secure the $170 million loan through HSBC.
Lendlease Chicago Office Awarded Several Green Certifications
The company’s new location landed LEED Silver certification under USGBC’s LEED v4, and became the first 3 Star Fitwel-certified building in the city.