Cushman & Wakefield
Tishman Speyer Lands $1.8B for New NYC Office Tower
After securing biopharmaceutical company Pfizer as an 800,000-square-foot anchor tenant at The Spiral, the developer reeled in financing from Blackstone Mortgage Trust for the construction of the 2.8 million-square-foot high-rise.
Lincoln Property, Goldman Sachs Expand Phoenix-Area Campus
The partners will develop the second office tower at the 3.2 million-square-foot The Grand at Papago Park Center in Tempe, Ariz.
Mack-Cali Sheds Large Business Park in NJ
Monmouth Shores Corporate Park in Wall Township, N.J., comprises five single-story flex assets and three office buildings housing the county’s largest employer.
Vero Biotech Moves HQ to Atlanta
The biotechnology company left Florida for the Peach State, setting up shop in a 15,600-square-foot space at Georgia Tech’s Technology Enterprise Park.
BLT Enterprises Acquires CA Industrial Property
SD Realty Partners represented the buyer in its purchase of the 166,310-square-foot facility in Carlsbad, which is fully leased to a golf equipment and apparel manufacturer.
Economy Watch Weekly: Chinese Investment in US CRE Dropped By Half in ’17
Which U.S. markets and property sectors were most impacted by the pullback in Chinese investment? Economy Editor Dees Stribling discusses the latest Cushman & Wakefield report on the topic, for the week ending March 30, 2018.
Cushman & Wakefield Appoints New Executive in Manhattan
Barry Finkelman, who brings nearly 15 years of commercial real estate experience to the team, previously served as senior vice president at CBRE.
CPE Asks … About Management Strategies
Each month, CPE Asks features insights from leading industry executives on a significant issue. Next month’s topic: reconstruction.
Economy Watch: Chinese Investment in US CRE Plunges
Following the Chinese government’s announced restrictions on outbound capital flow, the country’s investments in U.S. commercial real estate dropped significantly in 2017, according to Cushman & Wakefield’s 2017 China-U.S. Inbound Investment Capital Watch report.
JV Arranges $109M Refi of Multi-State Facilities
Working on behalf of a partnership of investors advised by JP Morgan Asset Management and IDI Logistics, Cushman & Wakefield secured the loan for the refinancing of eight properties located in Illinois, Ohio, Texas and California.