Regions
NoVa Office Tower Lands $250M Refi
The transaction includes a future funding facility of up to $70 million that Monday Properties can use to lease and upgrade the 580,000-square-foot building.
New Harley-Davidson Showroom to Open in Chicago
The company signed a lease for 10,000 square feet of retail space at The Addison & Clark development, across the street from Wrigley Field. The store will be operational in 2018.
Choice Hotels Picks New CEO
The lodging company’s selection of Patrick Pacious, president & COO, for the position marks the conclusion of a long-term succession planning undertaking.
When AI, Real Estate Meet
Computers, robotics and related technologies in the workplace are causing major changes to how work gets done, creating disruptions as well as opportunities for real estate providers.
Blackstone Sells Office Portfolio for $101M
JLL’s Capital Markets team advised the company in the transaction, which included three downtown Boulder, Colo., buildings totaling more than 216,000 square feet.
California Investor Acquires Michigan Office Property
Wilson Real Estate II sold the 30,760-square-foot building in Troy, Mich., to LSTC Michigan, marking the latter’s sixth commercial real estate acquisition in the Detroit area.
JLL Investment Co-Head Discusses Capital Markets
Tom Fish discusses the capital markets landscape, zeroing in on key players, prominent trends and competitive threats.
TH Real Estate Taps New Head of Research
In her new role, Melissa Reagen will be responsible for coordinating TH’s research team, which identifies and analyzes market trends that inform clients’ investment decisions.
Cohesity Relocating to San Jose
The company leased nearly 40,000 square feet of office space at River Park Tower II in San Jose, Calif. Expected to move in the last quarter of the year, Cohesity will occupy the seventh and eighth floors of the building.
Metrogroup Secures Acquisition Financing for OC Asset
The company landed financing for 46 percent of the purchase price. The buyer recognized the property’s potential for value creation, given the nearby $450 million project underway.