Regions
PCCP, Panattoni Form JV for Seattle Warehouse Construction
Glacier Peak will be built on a 10-acre site on Riverside Road, in a business park located near an Interstate 15 interchange and Boeing’s primary assembly plant.
Blackstone Rearranges Top Execs
Jonathan Gray has been named president & COO, as Tony James moves into the executive vice chairman slot. In addition, two longtime execs will co-head global real estate, the position Gray is vacating.
JV Buys $26M Land for DC-Area Mixed-Use Project
The 1.8-acre parcel is part of The View, a 3-million-square-foot mixed-use development located in the Arts and Entertainment District of Tysons, Va., next to the Spring Hill Metro Station.
Brixmor Sells Suburban Nashville Retail Asset
The nearly 300,000-square-foot shopping center is anchored by Publix and home to Bed Bath & Beyond, PetSmart and a number of other retailers.
Central OR Resort Trades for $12M
KDG Capital acquired the Eagle Crest Resort, which includes a 100-key resort hotel situated on more than 1,700 acres of land.
Brokers+Engineers Opens San Francisco Location
The company’s California location is the newest addition to its current offices in New York and Tampa. Brokers+Engineers tech products include predictive pricing and 1031 tax advisory to exchangers.
Aloft Hotel Receives $18M Construction Loan
Developed by Michael Tchakmakjian, the new 85-key hotel will be located in Glendale, Calif. and is expected to open in May 2019.
BGL Sells Michigan MOB
BGL Real Estate Partners’ National Healthcare Real Estate Group served as the exclusive advisor to the seller in the transaction.
NKF to Lease Redeveloped Mall in NY
Lesso Mall Development Long Island Inc. will transform the former Source Mall and Fortunoff building into a mix of home furnishings showcase, restaurants, community centers and co-working space.
Provident Bank Secures Refi for NJ Business Park
Denholtz Associates plans to replace the parking areas and roofs, as well as repair the façades of the 11 buildings it owns within the 16-asset Bridgewater Business Park.