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Reis: Q4 Multifamily Figures Decline Across the Board
News 4 months ago
Reis: Q4 Multifamily Figures Decline Across the Board
Source Connect Media

Reis’ preliminary Q4 2019 numbers for the multifamily sector showed decreases in the year-over-year effective and asking rent growth rate, as well...

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Phoenix Investors Snag 1.4MSF Memphis Industrial Facility
News 4 months ago
Phoenix Investors Snag 1.4MSF Memphis Industrial Facility
Source Connect Media

Milwaukee-based private commercial real estate firm Phoenix Investors has acquired a 1.4 million-square-foot industrial facility in Memphis. The...

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Townline Secures Financing, Acquires 324K-Square-Foot 2600 Tower
News 4 months ago
Townline Secures Financing, Acquires 324K-Square-Foot 2600 Tower
Source Connect Media

Townline Ventures obtained $25.5 million in non-recourse, interest-only bridge financing to acquire 2600 Tower, a Class A building in Midtown...

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Commerce Street Renews, Restructures Fountain Place Lease
News 4 months ago
Commerce Street Renews, Restructures Fountain Place Lease
Source Connect Media

Commerce Street Holdings LLC re-signed and restructured a long-term lease for its 23,000-square-foot office at Fountain Place building in downtown...

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JV Ends Hold on 688K-SF Riata Corporate Park, Sells for $258M
News 4 months ago
JV Ends Hold on 688K-SF Riata Corporate Park, Sells for $258M
Source Connect Media

Partners Group and Accesso Partners ended their close to five-year hold on Riata Corporate Park, a 688,100-square-foot office campus on Austin’s...

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Gold’s Gym Sells Shops at Walzem
News 4 months ago
Gold’s Gym Sells Shops at Walzem
Source Connect Media

Gold’s Gym sold the Shops at Walzem, a 55,526-square-foot retail center on the east side of San Antonio. Gold’s Gym occupies approximately 42,926...

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$55M C-PACE Financing Paves Way for Hyatt Regency Salt Lake City
News 4 months ago
$55M C-PACE Financing Paves Way for Hyatt Regency Salt Lake City
Source Connect Media

CleanFund Commercial PACE Capital Inc. provided $54.7 million in Commercial Property Assessed Clean Energy (C-PACE) financing to build the 700-room...

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Austin Business-Cycle Index Marks Decade of Consecutive Expansion
News 4 months ago
Austin Business-Cycle Index Marks Decade of Consecutive Expansion
Source Connect Media

The Austin Business-Cycle Index — an indication of economic activity in Texas’ capital city — marked more than 10 years of consecutive expansion as...

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Summit Midstream Announces HQ Relocation to One Shell Plaza
News 4 months ago
Summit Midstream Announces HQ Relocation to One Shell Plaza
Source Connect Media

Summit Midstream Partners announced plans to relocate its corporate headquarters to One Shell Plaza in downtown Houston, from its current location...

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Prologis: Transportation Gives E-Commerce Edge in Sustainability
News 4 months ago
Prologis: Transportation Gives E-Commerce Edge in Sustainability
Source Connect Media

Is e-commerce a more sustainable form of retail? Yes, says, Prologis, which recently produced a study making this argument. “The key to greater...

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Connect Industrial Midwest Will Highlight Opportunities, Challenges
News 4 months ago
Connect Industrial Midwest Will Highlight Opportunities, Challenges
Source Connect Media

Steady growth in 2020 for industrial real estate appears to be the consensus. However, the story is more nuanced than the long-range forecast might...

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ASB Real Estate Appoints Cinkala COO
News 4 months ago
ASB Real Estate Appoints Cinkala COO
Source Connect Media

ASB Real Estate Real Estate Investments has hired Dean Cinkala as Chief Operating Officer, a new position reporting to President and CEO Robert...

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CushWake Brokers $7M Sale of Two West Palm Office Properties
News 4 months ago
CushWake Brokers $7M Sale of Two West Palm Office Properties
Source Connect Media

Cushman & Wakefield has arranged the $7.4 million sale of two medical and professional office buildings at Metrocentre Corporate Park in West Palm...

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Black Salmon Acquires Orlando Office Tower for $68M
News 4 months ago
Black Salmon Acquires Orlando Office Tower for $68M
Source Connect Media

National commercial real estate investment firm Black Salmon has acquired 111 North Orange, a 245,201-square-foot office tower in Orlando for $67.7...

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Beacon Hill Condos Secure $173M Refi
News 4 months ago
Beacon Hill Condos Secure $173M Refi
Source Connect Media

On behalf of Center Court Mass LLC, NKF recently arranged a $173-million loan to refinance the Archer Residences, a 62-unit luxury condominium...

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Boutique Offices in Streeterville Snare Refi
News 4 months ago
Boutique Offices in Streeterville Snare Refi
Source Connect Media

JLL Capital Markets arranged a $6-million refinancing for 200 East Ohio, a 27,000-square-foot boutique office property in Streeterville. A team led...

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DRA/Hill Complete Mission Valley Class A Office Renovation
News 4 months ago
DRA/Hill Complete Mission Valley Class A Office Renovation
Source Connect Media

Partners DRA Advisors and Hill Properties have completed the renovation of a seven-story, 140,486-square-foot Class A office building located at...

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$20M Refi for Garment District Offices, Retail
News 4 months ago
$20M Refi for Garment District Offices, Retail
Source Connect Media

JLL Capital Markets arranged a $20 million refinancing for 16 W. 36th St., a 13-story, 67,271-square-foot office building with street-level retail....

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Urban Catalyst Set for 3 Downtown San Jose Development Projects
News 4 months ago
Urban Catalyst Set for 3 Downtown San Jose Development Projects
Source Connect Media

San Jose, CA-based opportunity zone investor Urban Catalyst is moving forward with three qualifying developments set to bring new mixed-use...

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Cuomo Aims to Expand Penn Station Capacity
News 4 months ago
Cuomo Aims to Expand Penn Station Capacity
Source Connect Media

Gov. Andrew Cuomo is backing a plan to expand Penn Station’s capacity by acquiring the block south of the station and adding eight tracks. The...

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ZG’s Bruckner Building Deal Lands $48M Loan
News 4 months ago
ZG’s Bruckner Building Deal Lands $48M Loan
Source Connect Media

Cushman & Wakefield recently advised ZG Capital Partners in obtaining $44.8 million in acquisition financing for the Bruckner Building, a loft...

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TAMI Tenants Drive Manhattan Leasing to New Highs
News 4 months ago
TAMI Tenants Drive Manhattan Leasing to New Highs
Source Connect Media

The fourth quarter crowned a record-setting year for Manhattan office leasing, according to reports from NKF, CBRE and Savills. NKF’s report cited...

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Bed Bath & Beyond Inks $250M Sale-Leaseback
News 4 months ago
Bed Bath & Beyond Inks $250M Sale-Leaseback
Source Connect Media

Housewares chain Bed Bath & Beyond Inc., headquartered in Union, NJ, has completed a sale-leaseback with an affiliate of Oak Street Real Estate...

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IRR Expands Michigan Presence, Acquires Genzink Appraisal
News 4 months ago
IRR Expands Michigan Presence, Acquires Genzink Appraisal
Source Connect Media

Integra Realty Resources (IRR) is expanding its Michigan footprint, acquiring Grand Rapids, MI-based Genzink Appraisal Company. The valuation and...

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Apartment High-Rise Trades in Stamford
News 4 months ago
Apartment High-Rise Trades in Stamford
Source Connect Media

CBRE arranged the $90-million sale of Infinity at Harbor Point, a 242-unit high-rise luxury apartment community in Stamford, CT. The CBRE team of...

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Amazon Commits to Its Largest Chicago-Area Warehouses
News 4 months ago
Amazon Commits to Its Largest Chicago-Area Warehouses
Source Connect Media

Amazon plans to open a three-building distribution center on the site of the former Maywood Park horse track, the Chicago Tribune reported Monday....

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JLL Arranges Refi of CVS-Anchored Neighborhood Center
News 4 months ago
JLL Arranges Refi of CVS-Anchored Neighborhood Center
Source Connect Media

JLL Capital Markets arranged a $7.5-million refinancing for Quincy & Company’s Pond Street Mall, a 28,164-square-foot, CVS-anchored retail center...

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NKF Brokers Sale of Las Vegas Multifamily
News 4 months ago
NKF Brokers Sale of Las Vegas Multifamily
Source Connect Media

A Las Vegas-based Newmark Knight Frank (NKF) multifamily investment sales specialist team of Angela Bates, Curt Allsop and Vittal Ram has completed...

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Duke Brings St. Louis-Area Business Park to 100% Occupancy
News 4 months ago
Duke Brings St. Louis-Area Business Park to 100% Occupancy
Source Connect Media

Duke Realty Corporation signed a long-term lease with Distribution Management, Inc. for Premier 370 Business Park 1001. The imaging supplies...

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Inception Moves Forward on Second DTLA Medical Office Project
News 4 months ago
Inception Moves Forward on Second DTLA Medical Office Project
Source Connect Media

L.A.-based Inception Property Group has announced plans for a new seven-story, 151,146-square-foot outpatient medical office and senior living...

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