Bank of America
Bay Area Retail Development Lands $84M Financing
Emeryville Public Market will be expanded to include more than 25,000 square feet of new retail space and a new garage.
Brexit Reveals Europe’s Future Financial Hubs
As negotiations for Brexit unfold between the U.K. and the European Union, and many arrangements are still in limbo, several European capitals have emerged as contenders in the race for the next financial centers of the E.U.
Bank of America Renews Charlotte Lease
The firm will increase its office footprint to a total of 318,000 square feet in the Fifth Third Center downtown.
Scannell Properties Nabs 18-Acre Parcel in North Charlotte
HFF facilitated the $1.5 million sale. Scannell plans to build a 150,000-square-foot industrial flex building on the site, which is located in a 2.6 million-square-foot, master-planned community.
HFF Secures $75M Refi for Rhode Island Mall
The company worked on behalf of a joint venture between Bliss Properties, Mark T. Brennan & Co. and the Lane Family Trust to secure the 10-year, fixed-rate loan through Bank of America.
KBS REIT Snares $1B Financing Commitment
BofA, Wells Fargo and U.S. Bank were the joint lead arrangers of the three-year facility, which marks the largest single financing transaction in the company’s history.
Kidder Mathews Adds New San Diego VP
Veteran broker Peter Quinn has joined Kidder Mathews’ San Diego office. In his new role, he will be responsible for the company’s investment properties.
HCI Acquires Tampa Office Asset
Gramercy Property Trust disposed of the 68,867-square-foot property located in Tampa’s Westshore business district. Bank of America North America is the sole tenant under a long-term lease.
Franklin Street Closes Major Credit Facility Expansion
The recast of the existing unsecured credit facility into the $1 billion facility is accompanied by a $200M private placement and extension of term loans.
BofA Sells NC Office-Industrial Portfolio
Alidade Capital acquired the four buildings, which offer more than 400,000 square feet of space within The Park—Huntersville, one of Charlotte‘s largest mixed-use developments.