Regions

Hines, Boston Properties Break Ground on 101 First St. in San Fran

Boston Properties and Hines have closed on the $192 million purchase of 101 First St. in San Francisco, where they will erect the 60-story, 1.4 million-square-foot Transbay Transit Tower, the tallest building on the West Coast.

$100M Residential Trump Project Launched in Uruguay

The Trump brand of luxury residences has officially broken into the South American real estate market with the sales launch of the brand’s very first property on the continent.

Picerne Constructing 248-Unit Apartment Project for Hungry Denver Market

The Picerne Group is working hard to answer the increasingly loud cry for apartments in Denver with the construction of a luxury apartment property in the thriving Denver Tech Center area.

And the MIPIM 2013 Awards Go To…

With MIPIM 2013 just barely over, participants are still abuzz with everything that had happened this year on the French Riviera. One of the most talked about occurrences of the four-day real estate event is most certainly the MIPIM Awards.

HFF Arranges $78M Refinancing for LA’s Alameda Square Campus

The owners of Alameda Square, an industrial and creative office campus with more than 1.6 million square feet in downtown Los Angeles, have secured a $78 million refinancing and will use part of it for renovations for new tenants.

C&W, Pyramid Brokerage Team Up to Lease High-Tech Facility

Cushman & Wakefield has teamed with Pyramid Brokerage Co. to market 2600 Manitou Road, an 800,000-square-foot high-tech office, lab, and manufacturing facility in Gates, N.Y.

Tata Housing Launches Landmark Residential Project in Odisha

Mumbai-based real estate development company Tata Housing has launched Ariana, Bhubaneswar’s first integrated residential complex.

Meridian, Eastdil Arrange $275M Financing for NYC Hotel

Meridian Capital Group and Eastdil Secured have negotiated $275 million in permanent financing for the $325 million
acquisition of the fee position in NYC’s Milford Hotel, on behalf of a partnership between David Werner and Deutsche Bank Asset & Wealth Management.

Vestar, UBS Global Pay $87M for LA Retail Center

Vestar, in a JV with a UBS Global Asset Management fund, has acquired Peninsula Center, a 300,000-square-foot retail center in Los Angeles County, from Principal Real Estate Investors for $87 million in an all-cash transaction.

Alliance Picks Up Chicago’s Burnham Center for $95M

Alliance Partners has acquired downtown Chicago’s 580,000-square-foot Burnham Center office building from Harbor Group International for $94.6 million.