Regions
Central London’s Office Market on the Rebound
The office sector in Europe’s major metropolitan cities did not escape the ravages of the global economic crisis, but for Central London, a turnaround is afoot.
Start Spreading the News: Big Apple Rents Up, Availability Down
Even the famously resilient Manhattan real estate market has taken a beating during the recession, but the bruises are healing and things are starting to look up. That’s according to FirstService Williams, which is becoming the New York-New Jersey-Connecticut hub of Colliers International.
CWCapital Expands West Coast Presence
CWCapital’s new Los Angeles office represents a big step for the Boston-based lender to the multi-family and healthcare real estate industries, which set its sights on creating a strong West Coast multi-family lending presence a couple of years ago and entered the market last July.
Premier Suburban D.C. Office Building Finds a New Owner in $122M Deal
AEW Capital Management L.P., acting on behalf of its open-end core fund AEW Core Property Trust (U.S.), has acquired Three Ballston Plaza, a premier 304,200-square-foot office property in Arlington, Va., just outside of Washington, D.C.
Healthcare Trust, Plaza Companies Join Forces on Phoenix MOB Portfolio
Healthcare Trust of America and Plaza Companies are working together on more than 641,000 square feet of medical office buildings in the Phoenix metro area – a continuation of Healthcare Trust’s aggressive expansion efforts in Arizona.
Stan Johnson Opens First Chicago Office
In a continuing expansion initiative nationwide, real estate brokerage and advisory firm Stan Johnson Co. has opened a new regional office in Chicago.
New Legislation Sparks Plan for $300M Hard Rock Casino in Atlantic City
Forming a strategic alliance with New York-based private equity fund Och-Ziff Real Estate, Orlando-headquartered Hard Rock International is making a move to get in on the ground floor of new gaming opportunities that may ultimately arise from the introduction of new legislation in New Jersey this week.
Trio Buys Majority of Fire Island Commercial District for $17M
Famed gay community destination Fire Island Pines, N.Y., has seen its largest transaction in history. Investment group FIP Ventures has bought the vast majority of Fire Island commercial property and establishments for $17 million.
Rock Creek Takes Leasing In-House, Hires Mangum to Lead Effort
Washington, DC and Rockville, Md.-based commercial real estate investment firm Rock Creek Property Group is taking leasing internal with the appointment of Tricia Mangum as in-house leasing manager.
Parker Takes Reins as Regional Manager for two Marcus & Millichap Offices
J.D. Parker has been promoted to regional manager of Marcus & Millichap’s Manhattan and New Haven offices.