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JLL Finalizes Sale of North Dallas Offices
News 3 days ago
JLL Finalizes Sale of North Dallas Offices
Source Connect Media

JLL Capital Markets has closed the sale and financing of One Glen Lakes, a 168,953-square-foot, multi-tenant, Class A office building in Dallas....

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Adaptive Reuse Loft Apartments Trade in Downtown St. Paul
News 3 days ago
Adaptive Reuse Loft Apartments Trade in Downtown St. Paul
Source Connect Media

JLL Capital Markets closed the sale of Rayette Lofts, an 88-unit, mid-rise adaptive reuse residential and retail property in downtown St. Paul, MN,...

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AEW Launches Revamp of Seaport District Headquarters
News 3 days ago
AEW Launches Revamp of Seaport District Headquarters
Source Connect Media

AEW Capital Management is evolving and expanding its offices in Boston’s Seaport District. The real estate asset management firm has engaged Elkus...

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Ascentris, Cypress JV Claims Office Campus in Aliso Viejo
News 3 days ago
Ascentris, Cypress JV Claims Office Campus in Aliso Viejo
Source Connect Media

Denver-based Ascentris, in a joint venture with San Diego-based Cypress Office Properties, LLC, acquired Summit V in Aliso Viejo. The two-building...

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Glendale Apartment Community Goes for $14M in Value-Add Play
News 3 days ago
Glendale Apartment Community Goes for $14M in Value-Add Play
Source Connect Media

NKF Multifamily handled the $14.3-million sale of Royal Palms, a 138-unit property located at 5902 West Royal Palm Rd. in Glendale. Brett Polachek,...

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United Center Will Be Used as Distribution Hub in COVID-19 Fight
News 3 days ago
United Center Will Be Used as Distribution Hub in COVID-19 Fight
Source Connect Media

The city of Chicago will repurpose the United Center, home of the Bulls and Blackhawks, and its surrounding parking lots into a distribution hub to...

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Microsoft Procures, Expedites Stranded COVID-19 Medical Supplies
News 3 days ago
Microsoft Procures, Expedites Stranded COVID-19 Medical Supplies
Source Connect Media

Microsoft procured and then expedited a shipment of medical supplies needed to help fight the coronavirus. The shipment was stranded in Memphis...

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Trammell Crow Completes 340K-SF HQ for ATL Community Food Bank
News 3 days ago
Trammell Crow Completes 340K-SF HQ for ATL Community Food Bank
Source Connect Media

The Atlanta office of Trammell Crow Company (TCC) delivered the Atlanta Community Food Bank’s new corporate headquarters and distribution facility....

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WeHo Retail Building Claimed by L.A. Development Firm for Nearly $23M
News 3 days ago
WeHo Retail Building Claimed by L.A. Development Firm for Nearly $23M
Source Connect Media

A Los Angeles-based real estate development firm purchased a 30,146 square-foot development site in the West Hollywood area for $22.5 million. CBRE...

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NorthMarq Arranges $41M in Acquisition Financing for Orlando MF
News 3 days ago
NorthMarq Arranges $41M in Acquisition Financing for Orlando MF
Source Connect Media

NorthMarq’s Orlando-based office secured acquisition financing of $41,210,000 for The Bentley at Maitland, a 324-unit multifamily property located...

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Rex Kim Selected to Oversee Oregon PERS Investments
News 3 days ago
Rex Kim Selected to Oversee Oregon PERS Investments
Source Connect Media

The Oregon Treasury selected Rex Kim to oversee investment of the state’s Public Employees Retirement Fund, the Oregon Short Term Fund, and the...

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CBRE Arranges $10M Sale of Fully-Leased Colorado Industrial Facility
News 3 days ago
CBRE Arranges $10M Sale of Fully-Leased Colorado Industrial Facility
Source Connect Media

Chicago-based Columbia Industrial Acquisition Company, LLC purchased a 63,550-square-foot industrial property in Englewood, CO from Gordon...

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United Medco Takes 88K SF for HQ in Coral Springs
News 3 days ago
United Medco Takes 88K SF for HQ in Coral Springs
Source Connect Media

United Medco leased nearly 88,000 square feet within Exeter Property Group’s Coral Springs Commerce Center II in Coral Springs, FL. The...

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California Gov. Newsom Negotiates Mortgage Payment Forbearance
News 4 days ago
California Gov. Newsom Negotiates Mortgage Payment Forbearance
Source Connect Media

California Gov. Gavin Newsom announced Wednesday he has been working with more than 200 financial institutions, including major banks, to support...

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Clippers Buy Forum from Madison Square Garden for $400M
News 4 days ago
Clippers Buy Forum from Madison Square Garden for $400M
Source Connect Media

The Clippers reached an agreement to purchase the Forum in Inglewood from Madison Square Garden Co. for $400 million. The newly-formed CAPSS LLC...

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BREAKING NEWS: $2T Stimulus Bill a Win for Commercial Real Estate, Says NAIOP
News 4 days ago
BREAKING NEWS: $2T Stimulus Bill a Win for Commercial Real Estate, Says NAIOP
Source Connect Media

The historic $2-trillion economic stimulus bill agreed upon by House and Senate leaders early Wednesday morning in response to the COVID-19...

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Condor Hospitality Reviews Options After M&A Deadline Missed
News 4 days ago
Condor Hospitality Reviews Options After M&A Deadline Missed
Source Connect Media

Hotel REIT Condor Hospitality Trust, based in Bethesda, MD, said it’s reviewing its options after the rescheduled date for its acquisition by...

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Rubenstein Closes 100K-Plus SF of Leases in Philly Area
News 4 days ago
Rubenstein Closes 100K-Plus SF of Leases in Philly Area
Source Connect Media

Rubenstein Partners, L.P. recently closed more than 100,000 feet of leasing activity at Makefield Crossing in the Philadelphia suburb of Yardley,...

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Durst Signs 2 Tech Tenants at 1155 A of A
News 4 days ago
Durst Signs 2 Tech Tenants at 1155 A of A
Source Connect Media

R3 LLC signed a 10-year lease for 17,246 square feet for the 34th floor at the Durst Organization’s 1155 Ave. of the Americas, relocating from 11 W...

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CVS Plans Its Biggest Hiring Drive in Response to COVID-19
News 4 days ago
CVS Plans Its Biggest Hiring Drive in Response to COVID-19
Source Connect Media

In response to the COVID-19 pandemic, CVS Health said it’s embarking on the most ambitious hiring drive in the company’s history. The Woonsocket,...

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33-Year Veteran Paulson Joins Greenspring Realty
News 4 days ago
33-Year Veteran Paulson Joins Greenspring Realty
Source Connect Media

Thirty-three-year industry veteran David Paulson has joined Greenspring Realty Partners (GRP) in Baltimore as SVP. He will work with users of...

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Bannockburn Offices Sell with Value-Add Potential
News 4 days ago
Bannockburn Offices Sell with Value-Add Potential
Source Connect Media

Colliers International | Chicago SVPs John Homsher and Alissa Adler represented North Shore OpCo LLC in its sale of Bannockburn Office Court,...

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Norwell Offices Sell to Tenant Clean Harbors
News 4 days ago
Norwell Offices Sell to Tenant Clean Harbors
Source Connect Media

NKF closed on the sale of 42 Longwater Dr., a 104,008-square-foot office property in Norwell, MA, for an undisclosed sum. A team of Edward Maher,...

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Kaufman, AXA Make Second Joint Purchase in Midtown South
News 4 days ago
Kaufman, AXA Make Second Joint Purchase in Midtown South
Source Connect Media

The Kaufman Organization and AXA Investment Managers – Real Assets, who have committed nearly $200 million to Midtown South Investments in under...

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GSEs Will Provide Relief to Multifamily Borrowers During COVID-19
News 4 days ago
GSEs Will Provide Relief to Multifamily Borrowers During COVID-19
Source Connect Media

Fannie Mae and Freddie Mac announced separately that they would implement a nationwide relief plan for multifamily borrowers and their tenants, in...

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Watermark Plans Second KC-Area Multifamily Project
News 4 days ago
Watermark Plans Second KC-Area Multifamily Project
Source Connect Media

Watermark Residential, a wholly-owned affiliate of Thompson Thrift, acquired 23 acres in Kansas City, MO, with plans to develop The Element by...

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Equity Residential Implements COVID-19 Guidelines on Renter Relief
News 4 days ago
Equity Residential Implements COVID-19 Guidelines on Renter Relief
Source Connect Media

Equity Residential (EQR) said Tuesday it supports the plan put forth by the National Multifamily Housing Council to mitigate the impact of the...

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Fort Worth Apartments Trade in Deal Between FL Owner, TX Buyer
News 4 days ago
Fort Worth Apartments Trade in Deal Between FL Owner, TX Buyer
Source Connect Media

Marcus & Millichap closed on the sale of Copper Creek, a-274-unit apartment complex in Fort Worth. Financial terms of the sale weren’t disclosed....

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MainStreet Scores LEED Platinum on Redmond MF
News 4 days ago
MainStreet Scores LEED Platinum on Redmond MF
Source Connect Media

Kirkland-based MainStreet Property Group LLC secured USGBC’s LEED Platinum Certification for The Bond, a new multifamily building in downtown...

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Atlanta's Invesco Mortgage Capital Hit Hard by COVID-19 Pandemic
News 4 days ago
Atlanta's Invesco Mortgage Capital Hit Hard by COVID-19 Pandemic
Source Connect Media

Atlanta-based Invesco Mortgage Capital Inc. reported on Tuesday that in recent weeks, due to the turmoil in the financial markets resulting from...

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