Regions
Lowe, JBG Partner on Mixed-Use Development in Nation’s Capital
The Fort Totten project will offer residential and retail space and be positioned as a transit-oriented development.
Excel Trust to Take 750,000-SF Northern California Shopping Center for $92.5M
The purchase agreement involves a little bit of cash and a little bit of debt. Excel will assume an existing first lien with an unpaid balance of approximately $44.8 million, and fund the remainder of the deal through cash on hand and borrowings under its unsecured credit facility.
Monday Properties to Develop Virginia’s First LEED Platinum Property
Lean and green is the order for Monday Properties’ newest development, a $300 million, 35-story building in Rosslyn.
Nugent Joins JLL as Senior Vice President in Orange County
Jones Lang LaSalle continues to expand its Orange County office.
Los Angeles School District Taps Turner for $236M Multi-Campus Project
Together, the three projects Turner is managing will produce classroom space for Los Angeles County students from kindergarten through 12th grade.
Brookfield Closes $2.7B Americas Infrastructure Asset Fund
As it turns out, Brookfield Asset Management underestimated investors’ interest in infrastructure . The Toronto-based property and infrastructure asset manager has just closed Brookfield Americas Infrastructure Fund L.P. with $2.7 billion in commitments–a far cry from the company’s original $1.5 billion target for the fund, which will seek high-quality infrastructure assets across North and South America.
Colliers Taps Coombs to Head Northwest Operations
The veteran executive will be responsible for management, business development and recruitment in a four-state region.
Dassault Systèmes’ 320,000 SF Lease is Boston’s Biggest of 2010
The company has just signed a long-term deal to occupy 320,000 square feet of Class A office, lab and data center in Waltham, Mass.
Ark Partners Launches 250-Key Luxury Hotel in Midtown Manhattan
Ark’s 57th Street hotel will debut in 2013, which may well be a good time to open a new property in New York City.