Regions

JLL to Head Leasing for 201 KSF NJ Office Building

Accordia Realty Ventures tapped Jones Lang LaSalle to serve as the exclusive leasing agent for the Greenbrook Executive Center in Fairfield, N.J.

CREW SPECIAL REPORT: M-F Industry Will Decelerate in 2013, Panelists Agree

The year 2012 will go down in the record books as a chart-popping year for the multi-family sector, but the exuberant levels of multi-family rent increases, transactional activity and equity investments are due for a slowdown over the next year, suggested speakers at the 2012 CREW Network Convention and Marketplace, held in Chicago.

Grosvenor Plans Second Condo in Popular Calgary Neighborhood

In Alberta, Canada, the Calgary condominium market is thriving and Grosvenor Americas, as evidenced by recent moves, has its finger on the pulse.

Rezidor to Open Park Inn by Radisson Astana in Kazakhstan

The Rezidor Hotel Group, a member of the Carlson Rezidor Hotel Group, has announced plans to open the Park Inn by Radisson Astana in Kazakhstan.

JLL Secures 811 KSF Office Lease for ExxonMobil Subsidiary in Calgary

Imperial Oil, one of Calgary’s largest corporations and an ExxonMobil subsidiary, is moving its headquarters from downtown Calgary to a 20-acre site that will be developed in the Quarry Park submarket in the Canadian city’s southeast section.

Two Connecticut M-F Properties Reel in $96M in Financing

LCOR has secured $96 million in financing for Greenwich Place and Greenwich Oaks two apartment communities offering an aggregate 396 units in Greenwich, Conn.

Cruzan|Monroe Nabs DiamondView Tower in San Diego for $121M

San Diego-based commercial real estate investor and developer Cruzan|Monroe, along with Cigna Investments Inc., have acquired DiamondView Tower, a 15-story 305,255-square-foot Class A office tower in San Diego for $121 million.

CNN’s DC Home Trades for $107M

The 298,500-square-foot office building at 820 First St. in the northeast sector of Washington, D.C., has come under new ownership.

Pebblebrook Grabs Hotel Palomar San Francisco for $58M

Pebblebrook Hotel Trust has added a fourth San Francisco hotel to its portfolio with the acquisition of Hotel Palomar San Francisco.

Phillips Edison–ARC REIT Buys 157 KSF Grocery-Anchored Center in Metro Cleveland

Phillips Edison–ARC Shopping Center REIT has acquired Brook Park Plaza, a 157,000-square-foot shopping center anchored by a Giant Eagle grocery store in Brook Park, Ohio, a suburb of Cleveland.