Search Results: hff
February – Briefs/Finance
KKR Raises $1.5B for First Real Estate Fund; Vornado Refinances Eleven Penn Plaza for $450M; CBRE Arranges $72M Refinance for Retail Portfolio; HFF Secures $40M for Retail Outlet on U.S.-Mexico Border; Madison Closes $38M for Hospital Redevelopment; NorthMarq Arranges $89M for Trio of California Apartments; New Boston Fund, Asian CDC Land $115M for Mixed-Income Project; JLL Secures $186M for East Coast Hotel Portfolio Acquisition; Meridian Capital Arranges $160M for Manhattan Office Asset.
February – Briefs/People
C&W Taps Forst for CEO; ARCP Appoints Kay as President; LaSalle Hotel Properties Promotes Guam to CIO; Carlson Appoints Berg COO; Thomson & Pierce to Lead New HFF Office in Philly; Haddigan Joins CBRE as Senior Managing Director; RKF Debuts in Canada with Alikakos at the Helm; Cushman & Wakefield Names Donnelly Executive Vice Chairman.
Starwood Buys San Diego Office Portfolio for $327M
In two separate transactions, an affiliate of Starwood Capital Group Global has acquired 13 office properties totaling nearly 1.1 million square feet throughout the Sorrento Mesa and Rancho Bernardo submarkets of San Diego from Kilroy Realty Corp. for $327 million.
Walnut Capital to Begin Construction on New Office Building at Bakery Square 2.0 This Spring
Walnut Capital Partners is planning to break ground on the first office building of its approximately $100 million Bakery Square 2.0 mixed-use development in East Liberty this spring. According to the Pittsburgh Business Times, construction on the six-story, 216,000-square-foot facility is expected to begin in March and be complete in 18 to 24 months. The Pittsburgh Planning Commission is currently reviewing the developer’s proposal.
John Hancock Acquires Iconic 200 South Wacker Tower
After KBS REIT III acquired the 1.5 million-square-foot tower located at 500 West Madison Street in downtown Chicago earlier this month, another skyscraper has changed owners in Chicago. The 40-story 200 South Wacker has been acquired by John Hancock for $214.5 million.
C&W Wins Leasing of Uptown Trophy Tower; SoCal Investor Grabs 622-Unit Dallas Portfolio
Miami-based Parmenter Realty Partners has selected Cushman & Wakefield of Texas, Inc. (C&W) to provide leasing services for The Tower At Cityplace, a recently acquired 1.3 million-square foot, Class A, office building located in Dallas’ Uptown.
January – Briefs/Sales & Development
Columbia Property Sells 4 MSF Office Portfolio to Griffin Capital; Jay Paul Breaks Ground on San Francisco’s 181 Fremont Tower; SL Green Acquires Interest in Manhattan’s Embattled 650 Fifth Ave.; Essex Acquires San Diego M-F Asset from Wood Partners; Kilroy Set for Big Expansion in Bay Area; AvalonBay Sale Breaks Westchester County Record; PREI Closes $430M Property Fund V; Parmenter Realty Partners Buys 1.3 MSF Trophy Office in Dallas.
January – Briefs/People
Gibson to Succeed Pelusi as CEO of HFF; Thornton Named President; Blanca Names Kohl Director of Finance and Operations; CBRE Buys CB Richard Ellis Carmody to Expand Reach in Southeast; DTZ Appoints Quick as Global Chief Executive for Corporate Services; O’Connor Capital Welcomes Co-Founder Rufrano Back as CEO; Scandalios Named Co-Head of HFF’s NYC Office; Avison Young Expands in Metro DC with McShea Acquisition; Lee & Associates Taps Rinkov.
Equity Office Properties Sells 649 KSF Boston Suburb Office Park for $237M
The Blackstone Group’s Equity Office Properties affiliate has closed the sale, for $237 million, of Wellesley Office Park, a 649,184-square-foot office park in Wellesley, Mass.
Heitman Buys 866 KSF Regional Power Center in Bay Area
In what could be the largest retail property sale in the Bay Area in 2013 in terms of size, Heitman acquired Pacific Commons Shopping Center, an 80-acre outdoor mall in Fremont, Calif., from an affiliate of Catellus Development Corp., a TPG Real Estate investment.