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Warner Bros Breaks Ground on New Gehry-Designed HQ
News 4 months ago
Warner Bros Breaks Ground on New Gehry-Designed HQ
Source Connect Media

Warner Bros has broken ground on a pair of Frank Gehry-designed office towers, an expansion of the Burbank movie and TV studio’s headquarters....

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Lee Riverside: East Valley Industrial Stays Strong
News 4 months ago
Lee Riverside: East Valley Industrial Stays Strong
Source Connect Media

The fourth quarter of 2019 posted strong activity and gross absorption for the East Valley industrial market of the Inland Empire, Lee & Associates...

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Urban Commons Names Queen Mary Preservation Consultants
News 4 months ago
Urban Commons Names Queen Mary Preservation Consultants
Source Connect Media

Urban Commons, the Los Angeles-based leaseholder of the Queen Mary, has retained the services of A.M. Marine Surveys and John A. Martin Associates,...

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Berkadia’s Powerhouse Points to 2020 as “Year of Affordable Housing”
News 4 months ago
Berkadia’s Powerhouse Points to 2020 as “Year of Affordable Housing”
Source Connect Media

Berkadia has released results from its 2020 Outlook Powerhouse Poll, a survey of collected insights from over 150 of the brand’s commercial real...

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Faster Pace of 2020 Deliveries Could Ding Multifamily Fundamentals
News 4 months ago
Faster Pace of 2020 Deliveries Could Ding Multifamily Fundamentals
Source Connect Media

Continuing a development boom that saw delivery of more than two million apartment units over the past decade, the volume of annual completions...

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Downtown Chicago Office Leasing Posts 10-Year High
News 4 months ago
Downtown Chicago Office Leasing Posts 10-Year High
Source Connect Media

Chicago’s downtown office market ended the 2010s on a strong note, with leasing transactions totaling 10.4 million square feet in 2019, up 2.5%...

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Walker & Dunlop Provides Bridge Loan on Aurora Supportive Living
News 4 months ago
Walker & Dunlop Provides Bridge Loan on Aurora Supportive Living
Source Connect Media

Walker & Dunlop provided $11,028,500 in bridge financing for The Vistas Fox Valley, a 136-bed supportive living facility in Aurora, IL. The debt...

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Newcastle Adds Laura Giampietro as SVP of Marketing
News 4 months ago
Newcastle Adds Laura Giampietro as SVP of Marketing
Source Connect Media

Newcastle Limited expanded its team with the addition of Laura Giampietro as SVP of marketing. She’ll be responsible for leading the locally-based...

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Medipower Snares Grocery-Anchored Retail in Philly Suburbs
News 4 months ago
Medipower Snares Grocery-Anchored Retail in Philly Suburbs
Source Connect Media

Marcus & Millichap’s Institutional Property Advisors (IPA) arranged the sale of Centre Square Commons, a 88,598-square-foot grocery-anchored...

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Cornerstone Arranges Refi on Redeveloped Manchester Apartments
News 4 months ago
Cornerstone Arranges Refi on Redeveloped Manchester Apartments
Source Connect Media

Cornerstone Realty Capital recently arranged $6.4 million for the refinance of a 32-unit, mixed-use high-rise apartment building in Manchester, NH....

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Property Values Up 4.7% Across NYC to $1.4T
News 4 months ago
Property Values Up 4.7% Across NYC to $1.4T
Source Connect Media

Citywide property values increased by $62 billion, or 4.7%, to $1.38 trillion in the New York City Department of Finance’s tentative assessment...

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South Shore Apartment Trio Sets Pricing Record
News 4 months ago
South Shore Apartment Trio Sets Pricing Record
Source Connect Media

Kiser Group recently brokered 7500 S. South Shore, 6916 S. Clyde and 7038 S. Chappel as a 208-unit apartment portfolio. The apartments in the South...

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Nonprofit City Harvest Lands New Warehouse Space in Brooklyn
News 4 months ago
Nonprofit City Harvest Lands New Warehouse Space in Brooklyn
Source Connect Media

City Harvest, DH Property Holdings and JLL closed on the sale and leasing of 150 52nd St. in Brooklyn, a 150,000-square-foot, multilevel warehouse...

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VTS Rolls Out Retail Leasing Product
News 4 months ago
VTS Rolls Out Retail Leasing Product
Source Connect Media

VTS is rolling out VTS Retail, a new product offering said to be the industry’s only leasing platform designed specifically for the retail sector....

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RFR’s Claffey Joins Ashkenazy as Leasing Lead
News 4 months ago
RFR’s Claffey Joins Ashkenazy as Leasing Lead
Source Connect Media

Ashkenazy Acquisition Corporation appointed Jordan S. Claffey as EVP, property leasing and development. Claffey will lead leasing and marketing for...

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NKF Duo Secures Acquisition Loan for 111 Wall St.
News 4 months ago
NKF Duo Secures Acquisition Loan for 111 Wall St.
Source Connect Media

NKF arranged a $145-million fixed-rate loan for the acquisition of 111 Wall St. An NKF team led by Dustin Stolly and Jordan Roeschlaub, along with...

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Habitat to Manage Edgewater’s Park Tower
News 4 months ago
Habitat to Manage Edgewater’s Park Tower
Source Connect Media

The Habitat Company was awarded property management of Park Tower, a 724-unit condominium building in the North Side’s Edgewater neighborhood. The...

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Bose to Close All U.S. Stores in 2020
News 4 months ago
Bose to Close All U.S. Stores in 2020
Source Connect Media

Citing “the dramatic shift to online shopping in specific markets,” Bose Corporation said it would close its remaining 119 retail stores across...

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Parsippany Office Complex Trades on Strength of Occupancy, Location
News 4 months ago
Parsippany Office Complex Trades on Strength of Occupancy, Location
Source Connect Media

BRE arranged the sale of a two-building office park located at 99 & 119 Cherry Hill Rd. in Parsippany, NJ, for an undisclosed sum. Jeffrey Dunne,...

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NorthMarq Secures Acquisition Debt for Sioux Falls Portfolio
News 4 months ago
NorthMarq Secures Acquisition Debt for Sioux Falls Portfolio
Source Connect Media

NorthMarq’s Brett Hood recently secured $35,384,000 in combined agency debt facilitating the acquisition of seven independent multifamily...

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The Old Gin Pforum on its Way to Pflugerville
News 4 months ago
The Old Gin Pforum on its Way to Pflugerville
Source Connect Media

Old Gin Pforum, an 87,500-square-foot, mixed-use development, is on its way to the suburban city of Pflugerville, TX. Real estate agent and...

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Historic Medical Building Sells to Hotel Developer
News 4 months ago
Historic Medical Building Sells to Hotel Developer
Source Connect Media

InnJoy Hospitality of Weslaco, TX, acquired San the landmark Nix Medical Center building in downtown San Antonio. InnJoy bought the property at 414...

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CBRE’s Stingley Closes Two KC Apartment Deals Totaling $104M
News 4 months ago
CBRE’s Stingley Closes Two KC Apartment Deals Totaling $104M
Source Connect Media

CBRE arranged the sale of two Class A multifamily properties in suburban Kansas City totaling $104 million. The 292-unit Copper Ridge Apartments...

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Pollack Real Estate Ends Hold on 94K-SF Sun Valley Plaza
News 4 months ago
Pollack Real Estate Ends Hold on 94K-SF Sun Valley Plaza
Source Connect Media

Pollack Real Estate Investments ended its 15-year hold on Sun Valley Plaza, a 94,094-square-foot retail property in Mesa, AZ. The center sold to...

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NRP Begins Construction on 300-Unit The Exchange
News 4 months ago
NRP Begins Construction on 300-Unit The Exchange
Source Connect Media

The NRP Group and equity partner World Premier Investments, broke ground on The Exchange, an affordable 300-unit multifamily complex on Houston’s...

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Gelt Strikes Deal to Acquire Kallisto at Bear Creek for $146M
News 4 months ago
Gelt Strikes Deal to Acquire Kallisto at Bear Creek for $146M
Source Connect Media

Gelt Inc. broadened its Denver-area apartment portfolio by acquiring the 472-unit Kallisto at Bear Creek. The Los Angeles buyer paid seller Holland...

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ThyssenKrupp Stays Put, Renews 218K-SF Lease
News 4 months ago
ThyssenKrupp Stays Put, Renews 218K-SF Lease
Source Connect Media

ThyssenKrupp Airport Systems Inc. decided to remain in its current digs at Sylvania Industrial Park, at 3201 N. Sylvania in Fort Worth. As a result...

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Eye on the CRE Future: What to Look Out for in 2020
News 4 months ago
Eye on the CRE Future: What to Look Out for in 2020
Source Connect Media

The past decade has been primarily positive for commercial real estate. And, according to Cushman & Wakefield, the next decade will bring both...

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Pacific Oak-Sponsored DST Acquires Meridian Apartment Homes
News 4 months ago
Pacific Oak-Sponsored DST Acquires Meridian Apartment Homes
Source Connect Media

A DST sponsored by Los Angeles-based Pacific Oak Capital Advisors acquired Meridian Apartment Homes, a 280-unit multifamily complex in Midland, TX....

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Centurion American Acquires 52 Acres, Plans MXU City Point
News 4 months ago
Centurion American Acquires 52 Acres, Plans MXU City Point
Source Connect Media

Developer Centurion American recently acquired 52 acres in North Richland Hills, TX, on the site of the former North Hills Mall. The Farmers Branch...

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