PGIM Real Estate
Leadership Changes Announced at PGIM Real Estate
Cathy Marcus will assume the role when Kevin Smith retires in May, while Alfonso Munk will take on expanded responsibilities, as well.
Atlanta’s Top 10 Office Deals in 2017
Atlanta has emerged as one of the most important economic clusters in the Southeast, appealing to investors through its strong market fundamentals. As 2017 is coming to an end, Yardi Matrix compiled a list of the 10 biggest office deals of the year.
Premier VA Office Tower Fetches $62M
PGIM Real Estate has sold One Global View in Herndon, Va., a 217,088-square-foot, ENERGY STAR-certified office building anchored by Airbus Group.
Behind NJ’s $2.5B Riverton Redevelopment
North American Properties plans to transform a 418-acre brownfield site on the Raritan River in Sayreville, N.J., into the state’s “next great hometown.” The firm’s Managing Partner Mark Toro discusses what to expect from the project and how it will impact the community.
Drivers of Investment Success for 2018
The commercial real estate industry has had an evolving year. From sustainability and increases in interest rates to the effects of a changing administration, the market has experienced a mix of positive and negative moments.
New Boston Fund Sells $145M Multifamily Asset
With the help of HFF, the company sold the 21-story Tower at One Greenway to PGIM Real Estate for more than $660,000 per unit.
Raleigh Office Building Nearing Full Occupancy
Completed earlier this month, Wade IV is the newest addition to the four-building, mixed-use campus dubbed the Offices at Wade.
JV Unveils $2.5B NJ Mixed-Use Waterfront Project
North American Properties and PGIM Real Estate will create Riverton, a 418-acre, shovel-ready waterfront redevelopment on the Raritan River. This is considered the largest mixed-use project in New Jersey history.
PGIM Acquires 400 KSF Houston Mixed-Use Asset
LaCenterra at Cinco Ranch recently changed hands. Executive Director Mark Seedorff at PGIM Real Estate’s South Region Transactions arranged the deal.
PGIM Real Estate’s Menifee on Capital Availability in 2018
At the 2017 ULI Fall Meeting in Los Angeles, PGIM Real Estate Head of Americas Investment Research Lee Menifee shared his 2018 outlook for the commercial real estate industry, including his perspective on debt and equity capital availability and the major asset classes.