Regions
San Diego State Student Housing Refi'd for $56M Through AIG
Acting on behalf of AIG, Holliday Fenoglio Fowler has obtained a $56 million loan for Sterling Collwood, a premier student-housing property near San Diego State University.
JLL Adds to Tenant-Rep Side with Purchase of Australian Firm
Jones Lang LaSalle has acquired Sydney-based tenant advisory firm MPS Properties, adding approximately 43 million square feet of Australian office space to the company’s management rolls.
Marriott Buys NYC's Clock Tower for $165M, Plans New Luxury Hotel Brand
After acquiring New York City’s Clock Tower building at 5 Madison Ave. in 2007 for $200 million, Africa Israel USA has sold the property to Marriott International for $165 million.
Will 3 WTC Be 80 Stories, or Just Seven? Yes!
While there’s been speculation as to whether 3 World Trade Center will cap at seven stories, rather than its planned 80, the project’s goal is still very much alive, according to Silverstein Properties’ CEO Larry Silverstein.
Deutsche Bank's NYC HQ Gets Record-Setting Solar Array
Deutsche Bank’s Americas headquarters is about to get a little greener, as the investment firm has just completed the installation of a 122.4 kW solar photovoltaic array on the roof of its New York City office.
Trammell Crow, USAA Break Ground on 700 KSF Industrial Facility in Pennsylvania
Following on the heels of reports that call for an uptick in industrial activity for 2012, Trammell Crow and USAA Real Estate have announced the groundbreaking on a 700,000-square-foot Class A spec distribution facility at Mountain Creek Distribution Center in Carlisle, Pa.
PNC Bank Renews 131 KSF of New Jersey Office Space
PNC Bank has decided to stay put at its longtime digs in East Brunswick, N.J., with the signing of a 131,400-square-foot lease at Two Tower Center Blvd.
Carlson Hotels, Rezidor Align to Create Carlson Rezidor Hotel Group
Carlson Hotels and The Rezidor Hotel Group have come together to form the Carlson Rezidor Hotel Group, a separate hotel entity created to be a global force in the hotel industry.
American Campus Communities Takes $208M in Student Housing
American Campus Communities Inc. has just expanded its portfolio by nearly 2,000 beds with the acquisition of 26 West Apartments in Austin and the purchase of a controlling stake in The Varsity in College Park, Md., for a total of $208 million.
Regency Tests N.Y. Waters with $73M Long Island Retail Buy
Regency Centers has just made its first foray into New York with a $72.5 million purchase of Lake Grove Commons with its co-investment partner, First Washington Realty Inc.