JLL
Retail Owners Bet Big on Makeovers
RECon attendees detailed strategies for major renovations and reported renewed interest in the sector from institutional capital sources.
AICPA to Relocate Central Park District Office
The financial organization is set to occupy roughly 30,000 square feet on the 27th floor of Fisher Brothers’ 2 million-square-foot office high-rise.
Puma Debuts Global Flagship Location in Manhattan
The company will occupy the entire retail section of SL Green’s office building, right in the middle of the city’s busiest shopping corridor.
Converted Charleston Office Nearing Completion
JLL is overseeing the transformation of the former T-Mobile call center on Daniel Island that will be known as The Landing.
JV Buys 2 California Office Buildings for $37M
The acquisition is part of Harbor Associates’ and Bascom Group’s $500 million investment plan throughout the Western U.S., over the next two years.
Murphy Development Kicks Off San Diego Spec Project
The nearly 80,000-square-foot Class A industrial building will be part of the 116-acre Siempre Viva Business Park in Otay Mesa.
The Crystal Pavilion in Manhattan Welcomes New Subtenant
Kroll Bond Rating Agency Inc. will take up nearly 100,000 square feet of office space within the building, as Meredith Corp. consolidates its New York offices in Lower Manhattan.
Houston-Area Retail Center Lands $7M Refi
JLL Capital Markets arranged the fixed-rate non-recourse loan for The Shops at Spring Village in Spring, Texas, on behalf of Capital Retail Properties.
Terreno Picks Up Newark Industrial Asset for $6M
The company completed the transaction with the help of $55 million in acquisition financing, secured by a nine-property portfolio located mostly in the Jersey cities of Newark and Kearny.
‘War for Talent’ Drives CRE Activity in Dallas-Fort Worth
DFW’s business-friendly environment, quality of life and well-educated labor pool help attract companies to the region, which has an unemployment rate running below the national average.