Regions
424,000-SF Lease in Place for Suburban Boston BTS
Green Mountain Coffee Roasters Inc. has signed a 424,000-square-foot lease with Gutierrez Co., effectively paving the way for development of its build-to-suit office and R&D facility at the Burlington Research Center in the suburban Boston town of Burlington.
Regency Begins 280 KSF Shopping Center Outside Seattle
Regency Centers will break ground tomorrow on Grand Ridge Plaza in the master-planned development of Issaquah Highlands in Washington state.
Manhattan Apartment Property Fetches $280M
JD Carlisle L.L.C. and DLJ Real Estate Capital Partners L.L.C. have just pocketed $280 million on the sale of The Beatrice in New York City’s Chelsea neighborhood to Equity Residential.
Goodman, Birtcher Form $1.5B Partnership Targeting Industrial Properties
With an eye on developing and acquiring premier industrial and logistics properties in North America, Australia’s Goodman Group has joined forces with California’s Birtcher Development and Investments.
JLL Sells $760M Loan Portfolio for Eurohypo
Jones Lang LaSalle Capital Markets has closed the sale to US Bancorp, Wells Fargo Bank and Blackstone Group of $760 million in loans, JLL announced Tuesday.
Carlton Group Tapped to Sell Bulgarian Solar Property Portfolio
The Carlton Group has landed a contract for the sale of six green energy properties under construction in Bulgaria. The client, an experienced turnkey developer of photovoltaic solar assets, took the contract to Carlton with an asking price of €150 million, or approximately $190 million.
Brookfield Acquires Major London Office Portfolio for $829M
Brookfield Office Properties Inc. has made a major move into Central London as an office property owner with the purchase of interests in buildings totaling 884,000 square feet for $829 million (£518 million) from British property giant Hammerson, its first major foray into Europe.
SL Green Secures NYC’s 373 KSF Lease Renewal, Refinances Property for $230M
The city of New York has decided to stay put in in its 372,500-square-foot home at 100 Church St. in Manhattan, at the same time that building owner SL Green Realty Corp. refinanced the 1 million-square-foot property to the tune of $230 million.
Tanger, Gordon Group Plan Upscale Outlet Center at Connecticut Casino Complex
Taking a cue from Las Vegas, Tanger Outlets Foxwoods will link the 312,000-square-foot center to two hotels at Foxwoods Resort Casino, the largest of its kind in the United States by gaming square footage.
Avison Young Picks Pittsburgh For U.S. Office No. 15
Canada’s largest independent commercial real estate services company has now opened seven U.S. offices in just the last three months and 15 altogether.