Regions
LA-Area MOB Lands $51M Refi
Capital One secured the loan on behalf of TriStar Realty Group. The 120,000-square-foot asset is the first new medical office building to open in the area within the last 20 years.
Skanska Tapped for VA’s Tysons Corner Project
The company will build a 20-story, 468,000-square-foot Class A office property and 108,000-square-foot theater. The development is scheduled for completion in October of 2018.
Partners Capital Buys Industrial Asset in 1031 Exchange
The purchase of the fully-leased 92,000-square-foot asset in San Bernardino, Calif., for nearly $8.7 million, marks the company’s sixth industrial acquisition in the past 18 months.
Westcore Buys Vancouver Business Park for $39M
The EastRidge Business Park, consisting of 25 free-standing retail, office and light industrial buildings, marks the company’s first foray in Greater Portland.
Top 5 Retail Space and Office Building Sales
PropertyShark compiled the top 5 sales in office and retail for July 2017 in New York City.
Pantheon Sells 16-Acre NJ Industrial Site
Cushman & Wakefield’s Metropolitan Area Capital Markets Group negotiated the sale on behalf of the seller. Pantheon originally purchased the property in 1998 for $4.1 million.
Chesapeake Inks 165 KSF MD Industrial Lease
Johns Hopkins Health System will occupy 40 percent of the 413,000-square-foot building currently rising within Baltimore’s Port 95 Industrial Park.
BGL Expands SoCal Presence
Joshua Rees joins the firm’s national health care real estate group in its newly opened office in San Diego, which replaces its location in Irvine, Calif.
From Deserted to Dynamic: A Cincinnati Success Story
Once considered one of the most dangerous places in the U.S., Cincinnati’s Over-the-Rhine neighborhood has become a development and business magnet. Over the last decade, the area has attracted more than $1 billion in investment. Travis Likes, first vice president at CBRE Cincinnati, explains this remarkable metamorphosis.
Small Balance Loans to Hit High Marks in 2017
John Caulfield, COO of Arbor Realty Trust, the first lender to reach $2 billion in Freddie Mac Small Balance loans, discussed why this financing sector is expected to grow even further.