Regions

Stantec Promotes 6 in Philadelphia Office

The company’s multidisciplinary office will be under new leadership in several departments, with the promotion of multiple industry veterans.

California Shopping Mall Goes Solar

Hanford Mall is now powered by a 1.6-megawatt rooftop solar system able to generate almost 3 million kilowatts of clean energy annually.

1180 Ave. of the Americas in NYC

Northwood Buys NYC Office Tower for $305M

The seller, Chinese conglomerate HNA Group, reportedly faces a looming liquidity crisis and is looking to dispose of $16 billion in assets worldwide.

1600 Market St., Philadelphia

HFF Arranges $160M Sale, Loan for Philly Office Tower

Acting on behalf of Equity Commonwealth, the firm arranged the disposition of the 826,000-square-foot building at 1600 Market St., and secured acquisition financing for the buyer, an affiliate of American Real Estate Partners.

Colliers Secures Indianapolis Retail Center Sale

The roughly 9,000-square-foot retail center includes tenants such as Morellis Cleaners, Binford Café and Black Diamond BBQ. An additional 1,400 square feet is available for lease.

2018 MBA CREF/Multifamily Housing Conference Coverage

Mortgage Bankers Association members convened in San Diego to learn and network at the CREF/Multifamily Housing Convention & Expo. Read our 2018 coverage here.

Mortgage Bankers Display Increasing Agility in 2018

In an exclusive interview with Commercial Property Executive, NorthMarq Capital Executive Vice President Jeffrey Erxleben discussed the evolving commercial real estate lending landscape at last week’s MBA CREF/Multifamily Housing Convention & Expo in San Diego.

Normandy Lands $46M Loan for DC Office Asset

Natixis arranged the financing on behalf of Normandy, which acquired the building in 2015 through a joint venture with NTT Urban Development Corp.

New Collaborative Space Coming to Downtown Kansas City

The Cordish Cos. is expected to bring the 15,000-square-foot project to fruition at Two Light Luxury Apartments in the vibrant Power & Light District by late 2018.

Economy Watch: Office Absorption Posts Strong ’17

Vacancy declined in a variety of markets, and top metros posted significant gains in rental rates, Transwestern reports.