Regions
KSK, Kempinski to Manage M-U Development in Kuala Lumpur
Kempinski Hotels and KSK Land have signed a management agreement for the upscale 8 Conlay mixed-use development in Kuala Lumpur, Malaysia.
StreetEasy Manhattan Condo Market Report: Pending Sales Surged 31% in October
The October StreetEasy Manhattan Condo Market Report revealed a flurry of activity from both buyers and sellers, which accounted for a 31 percent jump in pending sales from September to October, the largest monthly gain since May 2013.
TRT, JMI Get $140M in Financing for Omni San Diego Hotel
TRT Holdings and JMI Realty, owners of the luxury Omni San Diego in the city’s downtown Ballpark District, have refinanced the existing debt on the hotel with a $140 million loan secured through HFF.
INTERNATIONAL: Skanska Sells Green Office Property in Bucharest
Green Court Bucharest A will soon change hands. The first building of the approximately 560,000 square-foot office park is currently under Skanska Property Romania’s ownership and will be transferred to Globalworth Real Estate Investments Ltd.
Jamestown Grabs 220 KSF Cambridge Office Building for $136M
Jamestown has enhanced its presence in metropolitan Boston with the addition of the Davenport Building, a 220,000-square-foot office property in Cambridge, Mass.
Ivanhoe Cambridge, Callahan Capital Buy 2 Seattle Office Buildings for $280M
The deal gives the Montreal-based investment firm about 13 percent of downtown Seattle’s Class A office market.
Hugo Boss Relocating to Downtown Manhattan
The apparel retailer will move its North American headquarters from Manhattan’s Midtown South submarket to 55 Water St. during the second quarter of 2015.
Economy Watch: World Bank Reports on Climate Change; Chicago Fed Releases October Numbers
The World Bank warns of severe economic disruption; the Chicago Fed’s index edges downward.
Hillwood Acquires Site for 1.2 MSF Industrial Project in Central PA
Hillwood will develop Trade Center-83 in York County, Pa., to address growing demand for Class A industrial product in a major corridor.
Blackstone JV Sells 2-Building Portfolio; National, Bulfinch Sell Office Edifice, Both in Cambridge, Mass.
The weather might be cooling off a lot, but all that brainpower in Cambridge, Mass., seems to be heating up the CRE market there, since two office transactions were announced Friday that totaled three buildings and 670,000 square feet.