Regions
Irvine Co. Inks 222 KSF at CA Mixed-Use
Hitachi Vantara, a leader in internet of things, cloud and data-driven solutions, will relocate its headquarters to Santa Clara Square, occupying an entire building.
Blackstone to Buy Canada’s Pure Industrial REIT for $3B
Blackstone intends to make this investment through Blackstone Property Partners for its Core+ real estate investment unit. The all-cash transaction is expected to close in the second quarter.
OC Office Tower Trades for $120M
NKF Capital Markets represented Ocean West Capital Partners in the sale of the Class A trophy property. The building is 99 percent occupied.
Sonnenblick-Eichner Arranges $110M Refi for SF InterContinental
The loan for the upscale 550-key downtown hotel was funded by a Wall Street investment bank. The first mortgage could be part of a trend toward more refinancings in 2018.
Integrated Properties Nabs $200M Atlantic City Tower Hotel
The property, a former hotel and casino which opened in 2012 and shuttered two years later, contains 1,400 guestrooms and is expected to bring 3,000 jobs to the city.
Timothy Pulte Joins Colliers Leadership Team in Philly
The industry veteran will serve as senior executive vice president and oversee the company’s industrial and office brokerage divisions in eastern Pennsylvania, southern New Jersey and Delaware.
Manhattan Office Asset Lands $48M
Meridian Capital Group arranged a 10-year CMBS loan for 64 Wooster St., an office property located in Manhattan’s Soho neighborhood.
CBRE Facilitates Sale of Dayton Manufacturing Building
Wernli Realty Corp. sold the property for $525,000 to commercial plumbing company Frye Mechanical. The asset includes 15,000 square feet of production space and 5,000 square feet of office space.
Seagis Snags 80 KSF Industrial Asset in Queens
5700 49th Place in Queens has changed hands. The nearly 80,000-square-foot warehouse will benefit from a comprehensive rehabilitation program.
C&W Signs New Tenant at Franklin Plaza in Roanoke
Atlantic Credit and Finance will relocate its offices into 54,000 square feet of space on the first two floors of the building. The move will create more than 115 jobs, and follows the company’s operations expansion strategy.