Regions
MBA SPECIAL REPORT: Best of Times for Multi-Family
Here’s what the head of Fannie Mae’s multi-family division thinks of the current apartment market, straight from the MBA-CREF conference in San Diego.
C&W Retains Leasing Assignment at NYC’s 180 Maiden Lane
The previous owners of 180 Maiden Lane, a 1.2 million-square-foot tower in Lower Manhattan, had faith in Cushman & Wakefield and so does the new ownership.
ARC NYC REIT Grabs Downtown Office Property
American Realty Capital New York City REIT Inc. has jumped at the chance to own this downtown Manhattan office property, which the company views as an “important New York City submarket.”
German-Based GLL Expands in Chicago
Munich-based GLL has decided to continue expanding in the United States with its second Chicago office purchase.
Strategic Hotels ‘Breaks Record’ with Montage Laguna Beach Purchase
Strategic Hotels & Resorts Inc. has just turned the heads of everyone in the hotel real estate business with its acquisition of the 250-key Montage Laguna Beach in Laguna Beach, Calif.
INTERNATIONAL: CH2M HILL Consortium, Mace in Charge of Program Management at DWTC’s Jebel Ali Project
The bidding process is over, and the winners are a U.S. company and a U.K. company joint venture, which will oversee all real estate and construction delivery-related program management services for the Dubai Trade Centre Jebel Ali development.
Terreno Realty Makes Wise Move with Industrial Purchase in DC
Due to a lack of new Class A industrial buildings in Washington, D.C., San Francisco’s Terreno Realty Corp. is hoping for a high return on investment by acquiring a group of six distribution buildings in the nation’s capital.
Ivanhoé Cambridge Sells Interest in Two Ontario Shopping Centers
Ivanhoé Cambridge has completed repositioning its retail portfolio in Canada with the sale of its remaining 50 percent interest in two Ontario shopping centers to a healthcare pension plan.
INTERNATIONAL: Blackstone Disposes of Significant Investment in Sydney
Blackstone Real Estate Partners VI, through its portfolio company, Valad, has agreed to sell its first major property investment in Australia.
Akara Gives Chicago’s Development-Hungry Fulton River District a Boost
Akara Partners is taking an underdeveloped, transit-oriented site in Chicago and building an apartment property on it to accommodate the growing technology market where Google is opening its new headquarters.