Regions
Top 10 Chicago Office Buyers
Since January, the city has seen several notable transactions despite a rather slow start into the year. Two deals closed at prices surpassing $300 million.
Thor Equities Snags NYC Boutique Hotel
The 114-key James New York-SoHo features three food and beverage spaces, as well as meeting and event areas totaling 1,500 square feet.
Pendulum Acquires $46M OC Mixed-Use
In a partnership with Long Wharf Capital, Pendulum purchased Stadium Crossing, a 165,000-square-foot property that features office, retail and a vacant pad site.
11 KSF Office Sells in Northern NJ
The building, located near train service and highways, will be partially occupied by the new owner. The remaining space is being marketed to both office and retail tenants.
WeWork Signs 86 KSF for 1st Munich Location
Set to occupy four floors in Hines’ OSKAR building, WeWork was advised by NAI Apollo during the lease transaction.
NYU Doubles Presence in Brooklyn
The school will occupy the first two floors of the former MTA headquarters, a 530,000-square-foot office building in downtown Brooklyn. The asset is undergoing major renovations, which are expected to be complete in 2019.
NJ Office Building Receives $26M Financing
Cushman & Wakefield arranged the loan for Hudson Equities Management’s recent acquisition of an office building in Woodcliff Lake, N.J. The asset is set to undergo multimillion-dollar renovations.
How to Survive Retail’s Next Phase
At ICSC’s New York Deal Making event, industry experts listed a number of critical strategies that retailers and retail real estate owners will need to pursue to stay competitive, among them the need for flexibility and the adaptability to address changing consumer preferences and shopping habits.
AEW Capital Management Nabs 1 MSF Industrial Park
The $93 million sale includes six fully leased buildings in Reno, Nev., which had been acquired for $63 million three years earlier.
U-Haul Purchases Western CO Retail Building
The property, featuring more than 85,000 square feet of space, was formerly occupied by a Kmart which closed its doors in March.