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Microsoft Plans to be Carbon Negative by 2030
News 1 week ago
Microsoft Plans to be Carbon Negative by 2030

Microsoft Corp. set an ambitious goal and unveiled a new plan to reduce and ultimately remove its carbon footprint. By 2030, Microsoft will be...

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LPC West, Cerberus Claim Three-Tower Campus in Renton from Hines-Oaktree
News 1 week ago
LPC West, Cerberus Claim Three-Tower Campus in Renton from Hines-Oaktree

LPC West, together with an affiliate of Cerberus Capital Management, L.P., acquired Triton Towers, an office campus in Renton for a reported $63...

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Madison Provides $27M for Puget Sound Properties
News 1 week ago
Madison Provides $27M for Puget Sound Properties

New York-based Madison Realty Capital originated a $27 million first mortgage loan collateralized by a multifamily project under construction at...

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Lowe Launches Construction on 550-Unit MF Development in Seattle’s Yesler Terrace
News 1 week ago
Lowe Launches Construction on 550-Unit MF Development in Seattle’s Yesler Terrace

Los Angeles-based Lowe commenced construction on the first phase of a 550-unit apartment development in Seattle’s Yesler Terrace master-planned...

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Hamilton Zanze Snags Two Metro Baltimore MF Communities
News 1 week ago
Hamilton Zanze Snags Two Metro Baltimore MF Communities

San Francisco-based real estate firm Hamilton Zanze has acquired two multifamily properties in the Baltimore-area community of Columbia, MD....

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Plans Unveiled for Renovation of 1.4M-SF Westfield Annapolis Mall
News 1 week ago
Plans Unveiled for Renovation of 1.4M-SF Westfield Annapolis Mall

The owner of Westfield Annapolis mall, Unibail-Rodamco-Westfield (URW), has announced plans to renovate and improve the 1.4 million-square-foot...

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Carter Multifamily Sells Jacksonville Apartment Property for $16M
News 1 week ago
Carter Multifamily Sells Jacksonville Apartment Property for $16M

Carter Multifamily (CMF) has sold Peppertree Lane, a 168-unit multifamily property in Jacksonville for $16.2 million. The buyer was undisclosed....

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Berkadia Arranges $140M Construction Loan for Four Orlando Hotel Properties
News 1 week ago
Berkadia Arranges $140M Construction Loan for Four Orlando Hotel Properties

Berkadia has arranged a $140 million loan for the construction of four hotel properties that are part of Flamingo Crossings Town Center, a new...

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STS Aviation Signs 78K-SF Industrial Lease in Union City
News 1 week ago
STS Aviation Signs 78K-SF Industrial Lease in Union City

Cushman & Wakefield has secured a 78,095-square-foot lease for STS Aviation Group at South Fulton Logistics Center in Union City. Courtney...

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Intuitive Health Announces Plans for 40+ New Outpatient Facilities
News 1 week ago
Intuitive Health Announces Plans for 40+ New Outpatient Facilities

Intuitive Health will develop more than 40 outpatient healthcare facilities on a build-to-suit basis across the United States over the next few...

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Reviewing Healthcare REIT Performance Over Past & Future Decades
News 1 week ago
Reviewing Healthcare REIT Performance Over Past & Future Decades

Healthcare REITs entered the 2010s as the single-best performing real estate sector of the prior decade, driven by a “continuous wave of accretive...

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Good News for HUD — 2020 Budget Increases
News 1 week ago
Good News for HUD — 2020 Budget Increases

The U.S. Congress and President Trump approved legislation to fund the government through September 20, 2020 for all federal agencies. President...

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Apartment Operators Focus on Labor Challenges
News 1 week ago
Apartment Operators Focus on Labor Challenges

The U.S. economy, in recent months, has been marked by low unemployment and slowing job growth, partly due to more jobs than people available to...

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Duke Names Mark Hosfeld Seattle Market Leader
News 1 week ago
Duke Names Mark Hosfeld Seattle Market Leader

Duke Realty named Mark Hosfeld VP and Market Leader for the company’s Seattle operations. He will be responsible for leasing Duke’s existing...

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Stockbridge Unloads Portland Distribution Warehouse
News 1 week ago
Stockbridge Unloads Portland Distribution Warehouse

A 126,303-square-foot distribution warehouse in Portland, that is triple net leased to Johnstone Supply, Inc., traded hands for $16.2 million. JLL...

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Gemini Rosemont, Beacon Capital Complete $230M Recap, Refi of Bellevue Office Campus
News 1 week ago
Gemini Rosemont, Beacon Capital Complete $230M Recap, Refi of Bellevue Office Campus

Los Angeles-based Gemini Rosemont Commercial Real Estate completed the recapitalization and refinance of One Twelfth @ Twelfth, an office campus in...

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Kimpton Rouge Hotel to Get $20M Renovation
News 1 week ago
Kimpton Rouge Hotel to Get $20M Renovation

Washington D.C.’s Kimpton Rouge Hotel is headed for a $20 million repositioning and remodel. The hotel will close Jan. 17 and reopen under a new...

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JLL Tapped to Lease Office Portion of Port Covington MXU Project in Baltimore
News 1 week ago
JLL Tapped to Lease Office Portion of Port Covington MXU Project in Baltimore

JLL has been tapped as the leasing agent for the office portion of Port Covington, a 235-acre master-planned, mixed-use redevelopment project in...

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Colliers: Jacksonville’s Office Availability Rate Remains at Lowest Level Ever
News 1 week ago
Colliers: Jacksonville’s Office Availability Rate Remains at Lowest Level Ever

The Jacksonville office market closed out 2019 with a 10.7% availability rate, which is the lowest rate the market has ever seen, according to...

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Miami Office Building Trades Hands for $30M
News 1 week ago
Miami Office Building Trades Hands for $30M

JB Waterford, an affiliate of Coral Gables-based Patton Real Estate Group, has acquired Waterford Centre at Blue Lagoon, a 91,431-square-foot...

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Greystone Brown Brokers $21M Sale of Atlanta MF Property
News 1 week ago
Greystone Brown Brokers $21M Sale of Atlanta MF Property

Greystone Brown Real Estate Advisors has arranged the $20.7 million sale of a 328-unit Southwest Atlanta multifamily property comprised of two...

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CT Realty, Walton St. Partner on Massive Columbus Industrial
News 2 weeks ago
CT Realty, Walton St. Partner on Massive Columbus Industrial

CT Realty and Walton Street Capital acquired 382 acres of industrial land in Columbus, OH to develop 5.7 million square feet of large-scale...

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Lincoln Park Bank Branch Trades in 1031 Exchange
News 2 weeks ago
Lincoln Park Bank Branch Trades in 1031 Exchange

JLL Capital Markets closed the $7-million sale of a 7,902-square-foot, single-tenant building triple net ground leased to TCF National Bank in...

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Marcus Partners Makes First Buy in Boston’s Urban Core
News 2 weeks ago
Marcus Partners Makes First Buy in Boston’s Urban Core

Marcus Partners has acquired 1943 Dorchester Ave. and 4236 Washington St. in Boston for $35.8 million, representing the locally-based investment...

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SJP, Scotto Sign Deloitte for Planned Morristown MXU
News 2 weeks ago
SJP, Scotto Sign Deloitte for Planned Morristown MXU

SJP Properties and Scotto Properties signed Deloitte to 110,000 square feet at M Station, a proposed mixed-use redevelopment in Morristown, NJ....

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Downtown Chicago Office Posts Best Numbers Since Before Recession
News 2 weeks ago
Downtown Chicago Office Posts Best Numbers Since Before Recession

Office tenants in 2019 took more space in downtown Chicago than in any year since before the Great Recession, Crain’s Chicago Business reported,...

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Indianapolis 55+ Property is Elevation’s First Indiana Deal
News 2 weeks ago
Indianapolis 55+ Property is Elevation’s First Indiana Deal

Elevation Financial Group acquired Crestwood Village East in Indianapolis for a price of $20 million or $40,300 per unit. The 496-unit, 55+ senior...

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Marquette Picks Up Wheeling MF in Off-Market Deal
News 2 weeks ago
Marquette Picks Up Wheeling MF in Off-Market Deal

33 Realty’s Sean Connelly represented Naperville, IL-based Marquette Companies in the off-market acquisition of the 402-unit Foxboro Apartments in...

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Black Bear Arranges Refi on Bronx MF Portfolio
News 2 weeks ago
Black Bear Arranges Refi on Bronx MF Portfolio

Black Bear Capital Partners (BBCP) arranged $50.4 million in permanent financing on behalf of Finkelstein Timberger East Real Estate for the...

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CenterPoint Enters Brooklyn with 925K-SF Portfolio Deal
News 2 weeks ago
CenterPoint Enters Brooklyn with 925K-SF Portfolio Deal

CenterPoint Properties acquired the leasehold interest in a 925,411-square-foot, three-building industrial portfolio in Brooklyn’s Flatlands...

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