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Factoring Risk and Business Objectives to Maximize Your Opportunity Zone Investments
News 5 hours ago
Factoring Risk and Business Objectives to Maximize Your Opportunity Zone Investments
Source Connect Media

By Jenny Redlin Opportunity Zones are a hot topic in the commercial real estate world. Our clients ask about them at conferences and CRE events,...

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Apple Claims Cupertino Office Complex for $290M
News 5 hours ago
Apple Claims Cupertino Office Complex for $290M

Cupertino-based Apple acquired two office buildings in Cupertino for a reported $290 million, from an affiliate of Los Angeles-based American...

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Whole Foods Signs Lease for 60K SF in NoMad
News 5 hours ago
Whole Foods Signs Lease for 60K SF in NoMad

Whole Foods Market has signed a lease for 60,000 square feet at 63 Madison Ave., a/k/a 28 E. 28th St., in NoMad. The Amazon-owned natural grocer...

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Irvine Co. Names Fedalen President; Holte, Abeling Promoted
News 5 hours ago
Irvine Co. Names Fedalen President; Holte, Abeling Promoted

Connect Orange County is on tap tomorrow, August 22nd, at The Resort at Pelican Hill in Newport Coast. More information about the event and...

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Art Installation Coming to Lincoln Yards, One Letter at a Time
News 5 hours ago
Art Installation Coming to Lincoln Yards, One Letter at a Time

Sterling Bay is launching Alphabet Monsters, a public street art installation at Lincoln Yards, the company’s mixed-use development along the North...

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GTIS Partners, Graham Street JV Grab Marin County Asset for $73M
News 5 hours ago
GTIS Partners, Graham Street JV Grab Marin County Asset for $73M

New York City-based GTIS Partners LP and San Francisco-based Graham Street Realty formed a JV and simultaneously closed the acquisition of...

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Downtown Chicago’s Apartment Glut Could Become Shortage Instead
News 5 hours ago
Downtown Chicago’s Apartment Glut Could Become Shortage Instead

Worries about having too many new apartments in downtown Chicago may prove to be unfounded in the near term. The reason: the building boom is...

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BAE Systems Signs 119K-SF Industrial Lease in New Hampshire
News 5 hours ago
BAE Systems Signs 119K-SF Industrial Lease in New Hampshire

Multinational defense, security, and aerospace company BAE systems signed a 119,000-square-foot lease at 36 Executive Dr. in Hudson, NH. NKF’s...

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PlaceMe Acquires Bedly’s Boston Co-Living Portfolio
News 5 hours ago
PlaceMe Acquires Bedly’s Boston Co-Living Portfolio

Boston-based co-living company PlaceMe has acquired Bedly’s Boston properties. PlaceMe is now Boston’s largest co-living company, with more than...

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Lightbridge Academy Chooses Far West Side for First Manhattan Lease
News 5 hours ago
Lightbridge Academy Chooses Far West Side for First Manhattan Lease

Early childhood education center Lightbridge Academy has signed its first Manhattan lease, committing to 15 years and 11,491 square feet at TF...

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M&M Team Handles Missouri Hotel Deal
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M&M Team Handles Missouri Hotel Deal

Marcus & Millichap arranged the sale of an 89-key Comfort Inn in Festus, MO, about 40 miles southwest of St. Louis. The property sold for $3,650...

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JLL Expands Retail Expertise in SoCal
News 5 hours ago
JLL Expands Retail Expertise in SoCal

Connect Orange County is on tap tomorrow, August 22nd, at The Resort at Pelican Hill in Newport Coast. More information about the event and...

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Savanna Picks Up 360 Lex for $180M, Plans Repositioning
News 5 hours ago
Savanna Picks Up 360 Lex for $180M, Plans Repositioning

Savanna acquired 360 Lexington Ave., a 268,383-square-foot office tower, from AEW Capital Management for $180 million. Savanna financed the...

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Realogy HQ in Madison Trades to UAE Investment Firm
News 5 hours ago
Realogy HQ in Madison Trades to UAE Investment Firm

The Hampshire Companies has sold 175 Park Ave. in Madison, NJ to United Arab Emirates-based Gulf Islamic Investments LLC (GII). Redeveloped in 2012...

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Bunge Will Shift Corporate HQ from NY to St. Louis Metro
News 5 hours ago
Bunge Will Shift Corporate HQ from NY to St. Louis Metro

Agribusiness company Bunge Limited recently announced a corporate headquarters move from White Plains, NY to Chesterfield, MO in the St. Louis...

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Sales Launch at Eleven Hancock Condos in Harlem
News 5 hours ago
Sales Launch at Eleven Hancock Condos in Harlem

Sales have commenced at Nortco Development’s Eleven Hancock in Harlem, a ground-up luxury condominium located at 11 Hancock Pl. just south of 125th...

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Kinzie Corridor Value-Add Site Hits the Market
News 5 hours ago
Kinzie Corridor Value-Add Site Hits the Market

Seeking to attract investors who are getting priced out of the West Loop and Fulton Market, an investment opportunity is coming to market in the...

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CBRE Secures $150M Refi for Mack-Cali Office in Hoboken
News 5 hours ago
CBRE Secures $150M Refi for Mack-Cali Office in Hoboken

CBRE Capital Markets secured a $150-million, 10-year fixed rate loan to refinance 111 River St., a Class A office high-rise on the Hudson River...

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Hacienda Heights MF Trades for $34M
News 5 hours ago
Hacienda Heights MF Trades for $34M

The Mogharebi Group (TMG) sold Sagewood Gardens, a 162-unit community for residents 55 and above in Hacienda Heights, CA. An unnamed San Gabriel...

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J.C. Anderson Completes Tenant Amenities at Aon Center
News 5 hours ago
J.C. Anderson Completes Tenant Amenities at Aon Center

J.C. Anderson completed a 29,000-square-foot renovation project at the Aon Center. 601W Companies, owner of the 83-story office tower, hired the...

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Praedium Group Snags Three-Building Maitland MF Community
News 5 hours ago
Praedium Group Snags Three-Building Maitland MF Community

New York based national real estate investment firm The Praedium Group has acquired The Adeline, a three-building multifamily community in Maitland...

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Miramar Industrial Portfolio Trades Hands for $117M
News 5 hours ago
Miramar Industrial Portfolio Trades Hands for $117M

CBRE has arranged the $116.5-million sale of the Miramar Industrial Portfolio, a 607,223-square-foot, five-building industrial portfolio in Miramar...

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Sealy Mattress Inks 289K-SF Deal at Tower Business Center 1 in Colorado
News 5 hours ago
Sealy Mattress Inks 289K-SF Deal at Tower Business Center 1 in Colorado

Sealy Mattress Manufacturing Co. signed a long-term lease to take down the just-delivered Tower Business Center 1 industrial building in Aurora, CO...

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Passco Widens Texas Footprint with Boterra Bay Apartments Buy
News 5 hours ago
Passco Widens Texas Footprint with Boterra Bay Apartments Buy

Passco Cos. LLC of Irvine, CA, continues broadening its Texas presence. The investor’s most recent transaction is the 384-unit Boterra Bay...

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FHA Section 220 Program Expands to Cover Opportunity Zone MXU
News 5 hours ago
FHA Section 220 Program Expands to Cover Opportunity Zone MXU

Ben Carson, U.S. Housing and Urban Development (HUD), has made it clear that he would like to see more development going on within Opportunity...

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Kearny Mesa Warehouse Development Completed
News 5 hours ago
Kearny Mesa Warehouse Development Completed

A three-story, 35,000-square-foot office complex has been demolished and replaced by a new, state-of-the-art industrial building in Kearny Mesa....

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Massive Union MXU Hits the Market
News 5 hours ago
Massive Union MXU Hits the Market

The three-building, mixed-use Union project in Dallas’ Uptown submarket is up for sale. RED Development, which built the office tower, retail...

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Report: O-Zone Tracts Experience Commercial Investment Decline
News 5 hours ago
Report: O-Zone Tracts Experience Commercial Investment Decline

It’s no secret that the Opportunity Zone program was put into place to spur economic development by funneling capital into federally-designated,...

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Beverly Hills BMW Dealership Divested in Record-Breaking $70M Deal
News 5 hours ago
Beverly Hills BMW Dealership Divested in Record-Breaking $70M Deal

Matthews Real Estate Investment Services completed the $70-million sale of Beverly Hills BMW, a 339,000 square-foot dealership located at 5070 &...

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Asheville Apartment Community Trades for $72M
News 5 hours ago
Asheville Apartment Community Trades for $72M

Chicago-based real estate investment firm GEM Realty Capital has acquired The District, a 309-unit apartment community in Asheville for $71.5...

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