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Lincoln Property JV Buys $86M Nashville Portfolio
News 6 days ago
Lincoln Property JV Buys $86M Nashville Portfolio
Source CP Executive

Gaedeke Group has sold a Nashville, Tenn., office portfolio for $85.5 million to a joint venture between Lincoln Property Co. and Angelo Gordon,...

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Adobe Inc. Quadruples Manhattan Lease
News 6 days ago
Adobe Inc. Quadruples Manhattan Lease
Source CP Executive

Creative software firm Adobe has renewed its lease at a New York City office tower, quadrupling its space to 109,296 square feet. Adobe renewed its...

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LinkedIn Boosts Empire State Building Lease
News 6 days ago
LinkedIn Boosts Empire State Building Lease
Source CP Executive

LinkedIn continues adding to its office space at the Empire State Building in Manhattan, leasing an additional three and a half floors and 188,653...

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North Sea Capital Pays $45M for LAX Office Tower
News 1 week ago
North Sea Capital Pays $45M for LAX Office Tower
Source CP Executive

The Roxborough Group, in partnership with The Ruth Group, has sold a 306,243-square-foot office tower in Los Angeles. A joint venture led by North...

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New Jersey Office Complex Trades for $31M
News 1 week ago
New Jersey Office Complex Trades for $31M
Source CP Executive

The joint venture of Bergman Real Estate Group and Rialto Capital Management LLC has sold Florham Park Corporate Center, a Class A, two-building...

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BPM Buys 2 California Office Assets for $120M
News 1 week ago
BPM Buys 2 California Office Assets for $120M
Source CP Executive

AEW Capital Management has sold a 109,948-square-foot office property in Aliso Viejo, Calif., for $59 million in a 1031 exchange to BDC-a division...

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New Jersey Adaptive Reuse Property Commands $85M
News 1 week ago
New Jersey Adaptive Reuse Property Commands $85M
Source CP Executive

A Class A New Jersey office campus formerly used to manufacture plumbing products has sold for $85 million to The Birch Group. The seller, New York...

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Coworking Creates Similar Turmoil Across the Pond
News 1 week ago
Coworking Creates Similar Turmoil Across the Pond
Source CP Executive

While "serviced office" providers (or coworking providers, as we call them in the U. S.) are these days perceived as more mainstream than before, ...

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LaSalle Arranges $220M Loans for Blackstone
News 1 week ago
LaSalle Arranges $220M Loans for Blackstone
Source CP Executive

LaSalle Investment Management has arranged more than $220 million (€200 million) of mezzanine loans to refinance three portfolios of last-mile...

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Battle of the Asset Classes
News 1 week ago
Battle of the Asset Classes
Source CP Executive

The U. S. real estate market has performed outstandingly in recent years. But which asset class offered the best returns? Was it residential,...

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CREDE, Cornerstone Capital Open Florida Storage
News 1 week ago
CREDE, Cornerstone Capital Open Florida Storage
Source CP Executive

The recently formed Commercial Real Estate Development Enterprises (CREDE), in partnership with Cornerstone Capital Corp., has opened a 103,500...

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The 2019 CPE/MHN Awards Party
News 1 week ago
The 2019 CPE/MHN Awards Party
Source CP Executive

The 2019 Commercial Property Executive Distinguished Achievement Awards party was held Oct. 3 at 10 Grand Central in New York City. The event,...

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PS Business Parks Receives $149M for Maryland Assets
News 1 week ago
PS Business Parks Receives $149M for Maryland Assets
Source CP Executive

After growing its footprint in Northern Virginia last year, PS Business Parks has been trading some of its assets in Maryland. The company has sold...

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ServerFarm Acquires UK-Based Data Center Operator
News 1 week ago
ServerFarm Acquires UK-Based Data Center Operator
Source CP Executive

ServerFarm has acquired 5NINES Global Holdings, a U. K.-based data center transformation operator. The purchase of 5NINES will integrate all of the...

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IRET Acquires Denver Community for $99M
News 1 week ago
IRET Acquires Denver Community for $99M
Source CP Executive

Listed real estate investment trust IRET has acquired a 328-unit community in Denver for $99.3 million, or $302,591 per unit, from Brass...

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News 1 week ago
How to Break the Glass Ceiling
Source CP Executive

Cultivating talent is an industry-wide mission for the property management profession and all of commercial real estate. At the Institute of Real...

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Turner Construction Tops Off $520M Natural Resources HQ
News 1 week ago
Turner Construction Tops Off $520M Natural Resources HQ
Source CP Executive

A year after breaking ground on the $520 million headquarters for the State of California Natural Resources Agency in Sacramento, Calif., Turner...

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Woodmont Lodging Grows Hotel Portfolio
News 1 week ago
Woodmont Lodging Grows Hotel Portfolio
Source CP Executive

Woodmont Lodging, in a partnership with Milestone Cos. and Blue Vista Capital Management, has acquired the newly developed 98-key Fairfield Inn &...

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Transwestern Breaks Ground on 833 KSF Houston Industrial Park
News 1 week ago
Transwestern Breaks Ground on 833 KSF Houston Industrial Park
Source CP Executive

Transwestern Development Co. has broken ground on Sam Houston Distribution Center in Houston, a three-building property with 833,720 square feet of...

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LaSalle Investment Enters Life Sciences Market
News 1 week ago
LaSalle Investment Enters Life Sciences Market
Source CP Executive

LaSalle Investment Management has recently made its debut into the life sciences real estate sector with the acquisition of an ownership interest...

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Wellness Movement to Transform Hotels
News 2 weeks ago
Wellness Movement to Transform Hotels
Source CP Executive

The concept of wellness in hospitality is quickly evolving to encompass so much more than the average fitness center or traditional spa, and within...

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Few Economists See Downturn Despite Waning Growth Outlook
News 2 weeks ago
Few Economists See Downturn Despite Waning Growth Outlook
Source CP Executive

Despite slowly waning GDP and employment growth, and frequent financial market volatility stemming from slowing global growth and the "As the World...

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Brookfield Lands Anchor Tenant at Manhattan Tower
News 2 weeks ago
Brookfield Lands Anchor Tenant at Manhattan Tower
Source CP Executive

Brookfield Properties has secured an anchor tenant for Two Manhattan West, its 1.9 million-square-foot office tower currently under construction in...

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Avison Young Brokers 21 KSF Miami Lease
News 2 weeks ago
Avison Young Brokers 21 KSF Miami Lease
Source CP Executive

Millennium Partners has closed on a 21,000-square-foot lease with Bolton Global Capital at the Four Seasons Tower in Miami. Principal Wayne...

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W.P. Carey Announces 3 Global Investments Totaling $124M
News 2 weeks ago
W.P. Carey Announces 3 Global Investments Totaling $124M
Source CP Executive

W. P. Carey has covered a great deal of international ground with three recent investments totaling $124 million. The New York-based net lease REIT...

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Blackstone Sells $3B Logistics Portfolio
News 2 weeks ago
Blackstone Sells $3B Logistics Portfolio
Source CP Executive

Nuveen Real Estate has added to this year's string of logistics mega-deals by acquiring a 29 million-square-foot portfolio of industrial properties...

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66 KSF Self Storage Opens in Georgia
News 2 weeks ago
66 KSF Self Storage Opens in Georgia
Source CP Executive

Meyer Brother Properties has opened Canton Storage, a 66,608-square-foot facility in Canton, Ga. Absolute Storage Management was appointed to...

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Hartman Income Expands Houston Presence
News 2 weeks ago
Hartman Income Expands Houston Presence
Source CP Executive

Hartman Income REIT has acquired a 254,225-square-foot portfolio of three office properties in Houston, Texas. JLL represented the seller,...

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Hudson Yards’ First Phase Earns LEED ND Gold
News 2 weeks ago
Hudson Yards’ First Phase Earns LEED ND Gold
Source CP Executive

Hudson Yards' Eastern Yard has been awarded the LEED Neighborhood Development Gold certification, becoming the first neighborhood in Manhattan to...

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Office Market Trending Towards a Hospitality Mindset
News 2 weeks ago
Office Market Trending Towards a Hospitality Mindset
Source CP Executive

Manhattan's strong economy, dynamic business environment and sustained job growth have been paving the way for a robust office market. However, the...

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