Regions
2017 CREW Network Impact Award Winners: Marie McLucas
Marie McLucas, CFO of Primax Properties LLC and winner of CREW Network’s Career Advancement for Women Impact award, sits down with CPE Editorial Director Suzann Silverman.
Irgens Snags $80M Financing for Milwaukee Office Tower
Walker & Dunlop Capital Markets secured the non-recourse loan for 833 East Michigan, a 359,000-square-foot, LEED Silver-certified building in the city’s central business district. Completed in 2016, the 17-story lakefront property became the first significant downtown office development in almost a decade.
Starwood Capital Buys Forestar Portfolio for $232M
The off-market acquisition included residential and commercial assets in high-growth markets throughout Texas, the Southeast and the Western U.S. The transaction follows an earlier bid by Starwood to purchase Forestar Group outright.
Nasdaq Relocates HQ to 4 Times Square
The Durst Organization inked a 15-year lease with the company to bring its headquarters to Nasdaq’s current MarketSite location.
San Diego-Area Luxury Hotel Opens Doors
The recently renovated 159-key Willows Hotel & Spa is located 35 miles outside of the city and represents the third phase of Viejas Casino & Resort’s development plan.
Hilco Scoops Up Former Chicago Power Plant
The company plans to demolish the building and construct an industrial facility in the Little Village neighborhood. Remediation work of the 70-acre site might take up to 24 months.
Economy Watch: Healthy Retail Sales Growth Ahead in 2018, NRF Predicts
The retail sector should see a boost in sales growth this year, topping 2017’s 3.9 percent growth, according to the firm’s latest economic forecast.
CareTrust Buys Montana MOB
The overall investment in the asset amounted to more than $5 million, including transaction expenses. Evans Senior Investments arranged the deal.
Duke Realty Secures Tenant for Chicago-Area Warehouse
Velky Brands will occupy half of the 2017-built speculative facility in Romeoville. Cushman & Wakefield represented the owner in this deal.
Panattoni Developing 1 MSF Warehouse in Memphis
The firm, along with partner Mohr Capital, is developing the industrial facility, located at Panattoni’s 1,600-acre Gateway Global Logistics Center in Marshall County, Miss.