New York Life Insurance Company
PUMA Leases 1 MSF Near Phoenix
The facility is on track for completion in the fourth quarter.
Trophy Chicago Office Asset Lands $153M Refi
The five-year package pays down a maturing loan on LaSalle Investment Management’s tower.
CalSTRS Lands $992M Loan for 7 MSF Portfolio
The pension fund relied on JLL Capital Markets to arrange financing for the 17-property collection of office, industrial and multifamily assets.
JV Enters High-Barrier Charlotte Submarket With $64M Acquisition
Somerset Properties and its joint venture partner are the new owners of a 1.4 million-square-foot distribution warehouse.
Fairbridge Properties Buys Chicago Office Asset for $43M
The company purchased Oak Brook Gateway, a 233,200-square-foot building, marking its entrance into the Windy City market.
KBS Sells South Florida Office Asset for $72M
Financial Center at the Gardens, a 10-story Class A building, is reportedly almost fully occupied. The asset last traded in 2015.
New York Life Buys $49M Portfolio
The company has acquired a 670,536-square-foot industrial portfolio in Greensboro, N.C., in a submarket where the overall occupancy rate is 98 percent.
HFF Arranges Sale, Financing for Ft. Lauderdale Office
Cardinal Point Management partnered with Halstatt Real Estate Partners in the $41.7 million purchase of Trade Centre South. New York Life provided funding for the transaction.
New York Life Acquires Atlanta Office Tower for $166M
Crocker Partners sold the 433,000-square-foot Prominence in Buckhead. The asset is scheduled to undergo a capital improvements plan to upgrade the lobby, amenities and common areas.
Preferred Office Properties Pays $209M for Charlotte Towers
The affiliate of Preferred Apartment Communities acquired two new Class A properties in the city’s SouthPark submarket.
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