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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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$50M from S3 Finances Clinton Hill Residential
News 4 months ago
$50M from S3 Finances Clinton Hill Residential
Source Connect Media

S3 Capital Partners provided a $50-million loan to the Loketch Group and Meral Property Group for the renovation of 10 Quincy St. and the ground-up...

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Community Group Will Advise on Sterling Bay’s Lincoln Yards
News 4 months ago
Community Group Will Advise on Sterling Bay’s Lincoln Yards
Source Connect Media

The Lightfoot administration is seeking volunteers to serve on a Community Advisory Committee (CAC) for Sterling Bay’s $6-billion Lincoln Yards...

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Spirit Airlines Moves Ahead With $250M Global HQ in Dania Beach
News 4 months ago
Spirit Airlines Moves Ahead With $250M Global HQ in Dania Beach
Source Connect Media

Kimco Realty Corp. has announced the completion of the sale of nine acres of land to Spirit Airlines, at its Dania Pointe mixed-use project in...

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San Clemente's Landmark Miramar Theater Sold to Fortuitous Buyer for $8M
News 4 months ago
San Clemente's Landmark Miramar Theater Sold to Fortuitous Buyer for $8M
Source Connect Media

The Miramar Theater on El Camino Real in San Clemente, CA has sold for $8 million to Arizona-based Fortuitous Partners LLC. The firm is expected to...

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Passco Adds Luxury Multifamily in Lake County
News 4 months ago
Passco Adds Luxury Multifamily in Lake County
Source Connect Media

Passco Companies acquired The Atworth at Mellody Farm, a 260-unit luxury multifamily community in Vernon Hills, IL, from AEW Capital Management,...

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TerraCap Management Sells Orlando Office Property for $7M
News 4 months ago
TerraCap Management Sells Orlando Office Property for $7M
Source Connect Media

Privately held investment firm TerraCap Management has sold Lake Destiny, a four-story, 57,392-square-foot office building in Orlando’s Maitland...

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Hillwood Approved for $200M San Bernardino Airport Expansion
News 4 months ago
Hillwood Approved for $200M San Bernardino Airport Expansion
Source Connect Media

The San Bernardino International Airport has approved Hillwood’s $200 million redevelopment of existing infrastructure as an air cargo distribution...

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Nominate the Top Commercial Brokers of 2019
News 4 months ago
Nominate the Top Commercial Brokers of 2019
Source Connect Media

Do you know a commercial real estate broker or team who made a big impact in 2019? For the third year in a row, Connect Commercial Real Estate will...

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JLL Brokers Sale of 351-Unit North Carolina MF Community
News 4 months ago
JLL Brokers Sale of 351-Unit North Carolina MF Community
Source Connect Media

JLL has arranged the sale of Tradition at Stonewater, a 351-unit garden-style apartment community in Cary, NC. The sales price was undisclosed....

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PCCP, Panattoni to Develop 328K-SF Spec Industrial Facility in Cartersville
News 4 months ago
PCCP, Panattoni to Develop 328K-SF Spec Industrial Facility in Cartersville
Source Connect Media

PCCP and Panattoni Development Company have announced plans for the development of a speculative 328,000-square-foot industrial facility in...

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Security Properties Snags Nashville MF Project for $81M
News 4 months ago
Security Properties Snags Nashville MF Project for $81M
Source Connect Media

Security Properties and Pacific Life Insurance Company have acquired Broadstone Gulch, a 238-unit new construction multifamily project in Nashville...

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ORIX Completes Acquisition of Hunt Real Estate Capital
News 4 months ago
ORIX Completes Acquisition of Hunt Real Estate Capital
Source Connect Media

ORIX Corp. USA, the U.S. and Latin America business hub for Tokyo-based ORIX Corp., has completed the acquisition of Hunt Real Estate Capital. ORIX...

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Pier 1 Imports Closing Up to 450 Stores
News 4 months ago
Pier 1 Imports Closing Up to 450 Stores
Source Connect Media

Fort Worth, TX-based Pier 1 Imports, Inc. announced plans Monday to close nearly half of its stores. The struggling home goods retailer also...

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Barneys New York Now Part of Saks Family
News 4 months ago
Barneys New York Now Part of Saks Family
Source Connect Media

Saks Fifth Avenue quietly and quickly incorporated Barneys into its retail offerings. In an email to customers, a virtual version of the famed...

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Sealy Snags 1.6M-SF Infill Industrial Portfolio from Rialto
News 4 months ago
Sealy Snags 1.6M-SF Infill Industrial Portfolio from Rialto
Source Connect Media

Weeks after selling an 18.1 million-square-foot national industrial portfolio to DRA Advisors LLC, Sealy & Co. acquired 1.6 million square feet of...

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Security Properties Snags Newly-Built Issaquah Multifamily for $163M
News 4 months ago
Security Properties Snags Newly-Built Issaquah Multifamily for $163M
Source Connect Media

Security Properties and Pacific Life acquired Anthology, a 398-unit Class A new construction multifamily property located in Issaquah for $163,250...

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Invesco Claims Microsoft-Occupied Trophy Office Property in Bellevue
News 4 months ago
Invesco Claims Microsoft-Occupied Trophy Office Property in Bellevue
Source Connect Media

The Bravern Office Commons, a 749,694-square-foot office property in downtown Bellevue, has traded hands. The Class A asset consists of two office...

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Skanska Sells 11-Story DC Office Tower for $163M
News 4 months ago
Skanska Sells 11-Story DC Office Tower for $163M
Source Connect Media

Construction and development company Skanska has divested from 99M, a 234,000-square-foot office tower in Washington DC for $163 million. The 11...

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