Regions
Transwestern Nabs 2.5 MSF Industrial Portfolio
The company has acquired nine properties in St. Louis and Indianapolis, expanding its Midwestern portfolio to more than 10 million square feet.
Brennan Finalizes IL Industrial Acquisition
The property is located in McHenry, Ill., and comprises two buildings: a 220,000-square-foot warehouse and a 68,000-square-foot office segment.
A&G, Madison Hawk Lend a Hand in MU Campus Sale
The property consists of a 72,000-square-foot dormitory, state-of-the-art fitness center, a 65,000-square-foot office/class room complex and a 7,500-square-foot airplane hangar.
Silicon Valley Office Portfolio Lands $195M
On behalf of Preylock Real Estate Holdings, Meridian Capital Group arranged a seven-year floating-rate loan that features an initial five-year term followed by two, one-year extension options and full-term interest-only payments.
Workplace Wunderkind: Avison Young’s Jonathan Larsen Opens Doors for Corporate Occupiers
As a freshman at the University of Washington, Jonathan Larsen figured he would follow in his uncle’s footsteps and practice dentistry. Instead, he took to heart his uncle’s suggestion to pursue a faster-paced—and ideally, more lucrative—field.
TCN Worldwide Board Names New Vice Chairman
During 2017-2018, Gerald Sullivan, principal & managing broker of PW Commercial and formerly the board’s treasurer, will serve as vice chairman.
JV to Open 708 KSF IN Warehouse
The build-to-suit facility is scheduled for completion in the first part of 2018. The asset is expandable to 1,046,528 square feet and is located in the AllPoints Midwest industrial park.
CBRE Global Investors Closes Asia Value-Added Fund
CBRE Asia Value IV and its co-investment vehicles are expected to have more than $2.5 billion in buying power. The investment team has acquired or committed $1.1 billion to five investments, primarily in logistics assets in Japan and China.
UPMC to Build Pittsburgh Hospitals for $2B
The health care provider will develop three cutting-edge specialty hospitals totaling more than 1.6 million square feet in the Steel City’s metro area.
Cushman & Wakefield Adds New Talent to NJ Office
David Townes joins Cushman & Wakefield’s New Jersey office. Previously, he worked for various firms in the retail sector and created BrokerMap, an app for real estate brokers.