Wells Fargo
Eastdil Secured Names 2 Managing Directors
Matt McCoy brings more than 20 years of experience to the firm’s Charlotte, N.C., office, as Will Silverman joins the New York team following tenure at Hodges Ward Elliott.
Menlo Equities Acquires Phoenix Office for $52M
The property, fully occupied by Wells Fargo, is situated within Papago Park Center, a large-scale mixed-use development in Tempe, Ariz.
Eastdil Secured to Go Private in Management Buyout
The financial services firm will sell its majority stake to Eastdil Secured’s management in partnership with Temasek Holdings and Guggenheim Investments. The deal is expected to close later this year.
Refinancing Opportunities for CRE Investors
With lenders in the market in force, refinancing opportunities for CRE investors abound at aggressive pricing and attractive terms.
TN Industrial Distribution Facility Trades for $24M
Superior 3rd Party Logistics Inc. already inked a 237,000-square-foot lease at the Couchville Pike Business Center I in Mt. Juliet with the new owner, a Fortress Investment Group-lead joint venture.
Shorenstein Properties Pays $135M for Nashville High-Rise
Wells Fargo Bank provided the buyer of the 600,000-square-foot Class A office tower with more than $100 million in acquisition financing.
Top Loans That Matured in Houston in 2018
According to Yardi Matrix, almost $720.4 million in financing reached maturity last year, making way for recapitalization opportunities worth keeping a close eye on this year.
Jacksonville Warehouse Changes Hands for $49M
Wells Fargo originated just shy of $30 million in acquisition financing for Graham & Co.’s purchase of the 877,196-square-foot industrial asset.
Citrine Advisors Secures $7M in Financing for Bay Area Property
Continental Partners arranged the loan to facilitate the purchase and renovation of the 34,149 square-foot mixed-use building in San Leandro, Calif.
Boston Law Firm Signs 15-Year Lease at Tishman Speyer Tower
Burns & Levinson plans to relocate to 125 High St. next summer. Gensler will design the new collaborative working space, which spreads across two floors connected by a grand staircase.