Regions
$230M Acquisition Financing in Place for Boston’s Landmark Center
HFF has put in place a $230 million financing deal towards the $530.5 million purchase price of the mixed-use Landmark Center in Boston.
Digital Realty Trust Secures $100M Unsecured Credit Facility, Eyes Asia-Pacific
Digital Realty Trust Inc. has big plans in the Asia-Pacific region, and the data-center solutions provider has just made a move in its facilitation of those plans with the closing of a new senior unsecured revolving credit facility valued at $100 million.
Dealing with an Earthquake’s Aftermath
The 5.9 shock that registered on the East Coast yesterday thankfully saw no injuries but served as a call to review precautionary measures for real estate and for infrastructure.
Yahoo, JLL Achieve LEED Gold on 1 MSF Sunnyvale Campus
In a first for a corporate campus of this kind, Jones Lang LaSalle and Yahoo announced Monday that the search giant’s Sunnyvale, Calif., campus has been awarded LEED Gold certification.
1.5 MSF Shanghai Office Trades for $500M
Investors with cash on hand are snapping up premier properties in Shanghai, and SOHO China Ltd.’s purchase of the 1.5 million-square-foot Shanghai New World Changning Commercial Center is among the latest transactions.
Cree GmbH to Build First Unencapsulated Energy-Efficient, Timber-Hybrid Building
The first unencapsulated eight-story timber building will rise in Dornbirn, Austria, as Cree GmbH announces the groundbreaking ceremony for the world’s first LifeCycle Tower, LCT ONE, in September 2011.
Behringer Harvard Scores Big Lease Deals in Chicago, Houston, San Fran
Behringer Harvard has secured renewed commitments and new leases totaling nearly 560,000 square feet at three of its office properties in the leading markets of Chicago, Houston and suburban San Francisco.
A Deal for North L.A.’s Largest Industrial Lease of 2011
In the largest industrial-building lease this year in the Santa Clarita and San Fernando Valley area, Deluxe Media Management has taken a 229,450-square-foot lease in the Vista Business Park in Valencia, Calif.
$78M Journal Square Building in Jersey Sold to Israeli Investors
In a $78 million transaction, Israel-based Gaia Real Estate purchased the nine-story 2 Journal Square property in Jersey City, N.J., from Hartz Mountain Industries.
Oak Grove Capital Originates $59.5M in Fannie Funding for Affordable Housing in Chicago
Oak Grove Capital originated a $59.5 million Immediate Funding Fannie Mae NIBP Bond Credit Enhancement loan for the Related Cos.’ acquisition and rehabilitation of the 694-unit Parkway Gardens on Chicago’s Southside.