Regions
C&W Appoints New Senior Director in NJ
Following more than a decade with CBRE, Stephen Sander will be Cushman & Wakefield’s newest senior director of industrial brokerage for the New Jersey market.
Economy Watch: U.S. Economy Strong, but Susceptible to Geopolitical Risk
Both the U.S. economy and real estate industry are enjoying stable, continued growth, but they remain vulnerable to potential policy changes and Federal Reserve moves, according to Transwestern’s latest report.
Phoenix Ritz-Carlton Hotel and Residences Lands $282M
HFF arranged a $210 million senior land and construction loan with Bank of the Ozarks, as well as $72 million in mezzanine financing with Starwood Property Trust Inc.
CIT to Leave Reverse Mortgage Business
The sale of Financial Freedom, CIT’s reverse mortgage servicing business, and its $900 million portfolio is expected to close in the second quarter of 2018.
Arch Street Closes Salt Lake City FBI Office Sale
The 169,542-square-foot mission critical facility is 100 percent leased to the United States General Services Administration on behalf of the FBI.
Eric Paulsen Takes on Leadership Role at Cushman & Wakefield
The real estate veteran, with 30 years of experience, will lead the Orange County and Inland Empire offices. His responsibilities include overseeing the strategic focus, growth and talent management.
CBRE Brokers 255 KSF Lease for Weiman
The tenant will occupy the entire building at 705 Tri-State Parkway in Gurnee, Ill., following a lease expansion of 100,418 square feet.
HSA Inks Lease With Eagle Foods for IL Warehouse
The tenant signed a 98,251-square-foot long-term lease at Delany Commerce Center in Waukegan, Ill., planning to move in in December, after built-to-suit improvements are finalized.
Advocate Health Care to Bring New Center to Chicago
The firm plans to convert the space on Clark Street into a state-of-the-art facility by early 2018. The property was formerly occupied by The Sports Authority,
Murphy Development Inks 386 KSF in San Diego
The company secured five different leases at the 542,197-square-foot Campus at San Diego Business Park and the 2.1 million-square-foot Siempre Viva Business Park, both in Otay Mesa.