GGP
Avison Young Strengthens Chicago Leadership Team
Beth Phillips will join the company as managing director, bringing more than two decades of experience to her new role.
WeWork Taps Brookfield’s Mathrani as CEO
The veteran retail executive and former GGP leader will step into his new role on Feb. 18.
Unico Finalizes $236M Seattle Office Buy
Seller Nuveen Real Estate had acquired the Class A asset in mid-2011 for nearly $120 million.
Retail Investors Pull Back Amid Mall Woes
A new JLL report finds that buyers are getting more selective as structural changes rock the sector. Overall transaction volumes fell in the first quarter, while power center and grocery-anchored assets outperformed.
High-Growth Cities Defy US Retail Gloom
Average shopping mall vacancy, already at 10.2 percent, is projected to rise further, but markets such as Austin are thriving, according to a new Ten-X Commercial report.
Office Space at NYC High-Rise Commands $135M
A cross-border joint venture led by Deutsche Bank and BLG Capital has acquired the vacant 100,000-square-foot segment of the mixed-use tower at 685 Fifth Ave.
Corporate America’s Solar Leaders
Which commercial real estate owners made the list of the top 10 business customers?
Brookfield Secures Partners for $15B Purchase of GGP
The company has obtained commitments from four investment entities, including CBRE and TH Real Estate, to help finance its planned acquisition of the retail property owner.
Mall REIT M&A Could Accelerate
On the heels of Brookfield Property Partners’ acquisition of GGP, BDO USA Partner Stuart Eisenberg posits that retail REITs may have a bumpy road ahead.
Brookfield Strikes Deal to Acquire Rest of GGP
The combined company will have ownership interests in some $90 billion worth of assets and an annual net operating income of more than $4 billion.