Regions
Tryko Acquires Baltimore Multi-Family Asset
Private equity real estate group Tryko Partners has purchased Loch Raven Village, a 495-unit rental community in the city’s Towson neighborhood. Loch Raven is one of Maryland’s largest residential developments.
D.C.’s Iconic National Press Building Trades for $167.5M
In a partnership with affiliates of AEW Capital Management L.P., Quadrangle Development Corp. has purchased the storied 420,000-square-foot property in the East End submarket of Washington, D.C.
Broker Completes 71,000-SF Renewal
Lockton Insurance Brokers L.L.C. has inked a lease renewal for office space at Ernst & Young Plaza, a 41-story, 915,316-square-foot Class A office building in Los Angeles.
HFF Arranges Refinancing for D.C. Multi-Family Property
Holliday Fenoglio Fowler L.P. nailed down an $80.5 million loan for Allegro Residences, a 297-unit, Class A mult-housing community in Washington, D.C.
Investcorp Acquires Medical Complex
Investcorp Real Estate has expanded its San Francisco Bay Area holdings via the purchase of the 98,000-square-foot Broadway-Webster Medical Plaza in Oakland.
Newmark Wins 1 MSF Office Assignment
Newmark Knight Frank has come out on top in a competitive bid to serve as exclusive office leasing agent for New Quincy Center, Street-Works Development L.L.C.’s $1 billion mixed-use project.
Gaylord Goes West
Gaylord Entertainment has selected High Point, a gargantuan master-planned business district being undertaken by LNR Property L.L.C.’s Commercial Property Investment Fund L.P. in Aurora, Colo., for its latest project. The hospitality and entertainment company will build an $800 million resort and convention hotel on 85 acres at LNR’s sprawling development.
Half-Million-SF Lease Near Trenton
Kenco Logistic Services L.L.C. has laid claim to more than half of the industrial building at 100 W. Manor Way in Robbinsville, N.J., with the signing of a 504,300-square-foot lease. The four-year-old facility sits along the New Jersey Turnpike.
IHOP Expands to Middle East
The restaurant chain has inked a multi-restaurant franchise agreement for the development of 40 new locations in Kuwait, Saudi Arabia, Jordan, Lebanon, Qatar, the United Arab Emirates, Oman, Bahrain and Egypt.
South Lake’s Return: Vulcan’s Ada Healey Turns a Fading Urban District into a Vibrant Showcase
Under the decade-long leadership of Ada Healey, Vulcan Inc.’s vice president of real estate, South Lake Union is enjoying remarkable new life as a vibrant urban community and a hub for technology and biomedical research.