Regions
Kayne Anderson Takes 161-Unit Student Housing Complex Near USC
The $55 million property opened this fall.
Hines Gets World’s Highest LEED Platinum Rating in San Francisco
Hines took its building at 101 California St. in San Francisco from green to greenest, environmentally speaking, when its property was named to both LEED Platinum status and to the honor of having the highest score in the Existing Buildings category worldwide.
CBRE to Oversee Management, Leasing of GM’s 5.5 MSF Detroit HQ
CBRE was recently tapped by General Motors to spearhead facilities management, leasing and project management of Renaissance Center, the automaker’s 5.5 million-square-foot mixed-use headquarters complex in Detroit.
Savanna, Feil’s $137M JV in Midtown NYC
Savanna and the Feil Organization have together acquired the 375,000-square-foot building known as 21 Penn Plaza — also known by the address of 360 W. 31st St. — for $137 million.
Cushman Hires Five-Person Brokerage Firm in New Jersey
Cushman & Wakefield has snapped up a five-person office-brokerage team from Jones Lang LaSalle to help bolster its foothold in Central New Jersey. Paul Giannone will serve as executive vice president and will lead the group.
Clarion Spends $100M on 3 California Seniors-Housing Communities
Clarion Partners has just ponied up $100 million for three apartment complexes across California, adding 586 units to its portfolio of seniors-housing properties.
Jones Lang LaSalle, Pacific Real Estate Partners Merge
Commercial real estate services firm Jones Lang LaSalle has substantially deepened its foothold in the Pacific Northwest overnight with the merging of operations with Pacific Real Estate Partners Inc.
Downtown Renaissance: The World Trade Center Anchors a Thriving Redevelopment Scene
As Manhattan’s biggest redevelopment project in decades, the new World Trade Center towers are the flagships of the Downtown revitalization trend that started in the early years following the terrorist attacks. An update on redevelopment progress in Lower Manhattan.
Howard Hughes Corp. Completes $250M Loan for Hawaii Mixed-Use Retail Center Project
The Howard Hughes Corp. just received a $250 million loan for the redevelopment of Ward Centers, a 550,000-square-foot shopping district in Honolulu that is set to evolve into a premier mixed-use asset.
EquityOne Sells Two Assets for $124.9M; Buys Shopping Center for $55.5M
EquityOne has closed on the sale of Trio Apartments and Park Plaza for an aggregate $124.9 million and has picked up the sale of Aventura Square for $55.5 million.