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Commercial Property Executive

  • JV Picks Up Raleigh-Area Office Park
    Pinnacle Financial Partners provided financing for the acquisition of the two-building portfolio in Cary. Avison Young will lead the leasing efforts.
    - 2 days ago 19 Jul 19, 9:01pm -
  • Showpad Triples Office at One North State in Chicago
    Within one year, the Belgium-based sales enablement firm more than tripled its footprint at One North State in Chicago. CBRE and Cushman & Wakefield arranged the transaction.
    - 2 days ago 19 Jul 19, 6:31pm -
  • Related Cos. Signs Law Firm to FL Office Tower
    The law firm will occupy more than 12,000 square feet at the 300,000-square-foot, Class A office building in West Palm Beach, Fla.
    - 3 days ago 19 Jul 19, 4:49pm -
  • CommonGrounds Workplace Opens 2 New Locations
    The properties total 41,717 square feet of flexible office space. These locations mark the company’s second and third ones opened this year.
    - 3 days ago 19 Jul 19, 4:21pm -
  • National Multifamily Report – June 2019
    Average rents for the month jumped 3.3 percent year-over-year, 40 basis points more than they increased in May, according to a Yardi Matrix survey of 127 markets.
    - 3 days ago 19 Jul 19, 12:25pm -
  • Las Vegas Office Report – Spring 2019
    With 212,000 office-using jobs in the metro, employment in the sector hit a peak, although Las Vegas still trails the national average.
    - 3 days ago 19 Jul 19, 12:19pm -
  • Lightstone Lands $70M in EB-5 Funding for Manhattan Hotel
    On track for a September opening, the property is the third Moxy-brand hotel in Manhattan developed by Lightstone in partnership with Marriott.
    - 3 days ago 19 Jul 19, 12:10pm -
  • Airport-Area Office Project Kicks Off in Dallas
    Staubach Capital provided equity, while First United Bank originated debt financing for the two-building development, which is slated for completion in 2020.
    - 3 days ago 19 Jul 19, 11:45am -
  • Lendlease to Lead Google’s $15B San Francisco Bay Project
    The Australian developer will spearhead the transformation of the tech trailblazer’s land holdings into three live-work-play communities. The properties will include office space, hotel accommodations, retail options and thousands of homes.
    - 3 days ago 19 Jul 19, 11:16am -
  • South Florida Retail Asset Commands Royal Price
    InvenTrust Properties Corp. paid $97 million for a Costco-anchored shopping center in Royal Palm Beach. CBRE negotiated the deal on behalf of the seller.
    - 3 days ago 19 Jul 19, 10:33am -

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  • Safe Lots for Homeless: A Solution or More Fuel to Growing Problem?
    By Cole Feldman San Francisco intends to designate a parking lot near the Balboa Park public transportation depot as ‘safe’ for the city’s increasing homeless population. The space will provide people with access to showers and bathrooms, as we…
    - 3 days ago 19 Jul 19, 11:40am -
  • CRE Industry Pushes for Updates to 1948 Law Regulating NYC Drone Use

    - 3 days ago 19 Jul 19, 7:26am -
  • California Home Sales Retreat; Yet 2019 Outlook Revised Upward
    California home sales fell below the benchmark 400,000 level in June, as sales declined from both the previous month and year. Research by the California Association of Realtors (C.A.R.) shows after rebounding in May, closed escrow sales of existing,…
    - 3 days ago 19 Jul 19, 7:06am -
  • Boeing-leased El Segundo Property Sold for $51M
    A two-building 200,220-square-foot office campus in Los Angeles’ El Segundo submarket has been sold for $50.8 million. Located on nearly six acres at 650 and 700 Pacific Coast Highway (PCH), Boeing leases the property in its entirety through the en…
    - 3 days ago 19 Jul 19, 7:05am -
  • Cigna, Cruzan JV Secures $56M Refi for Laguna Hills Creative Office Campus
    A joint venture between Cigna Investments Management and Solana Beach, CA-based Cruzan secured a $55.9-million loan for the refinance of HERE, a five-building, 223,974 square-foot office campus in Laguna Hills, CA. The multi-tenant office complex is…
    - 3 days ago 19 Jul 19, 7:04am -
  • Report: Boston Office Rents Continued Climb in Q2
    Boston office rents continued to climb during the second quarter, with year-over-year rent growth for the market sitting at 13.2%, according to CBRE’s Q2 2019 Boston office market report. Asking rents reached $64.51-per-square-foot during the secon…
    - 3 days ago 19 Jul 19, 7:03am -
  • Greenworks Lending Expands on West Coast
    Greenworks Lending, a private capital provider that funds energy performance-enhancing commercial real estate projects, expanded its footprint throughout California with three new offices, including Oakland, Orange County, and San Diego. The Connecti…
    - 3 days ago 19 Jul 19, 7:03am -
  • Muinzer Adds to Holdings Near Purdue U.
    Muinzer has acquired four assets near Purdue University in off-market deals. The acquisitions include campus adjacent student-housing apartment buildings at 414 Vine St. and 422 Vine St. in West Lafayette, IN for $2.6 million. The investment firm…
    - 3 days ago 19 Jul 19, 7:03am -
  • Shearwater Cos. Acquires Two-Property Flex Portfolio in Taunton
    Colliers arranged the $4.4-million sale of a two-property flex portfolio in Taunton. The properties are located at 520 and 540 Myles Standish Blvd., approximately 40 miles south of Boston. Caleb Hudak, Ovar Osvold and Sean Hannigan of Colliers repres…
    - 3 days ago 19 Jul 19, 7:03am -
  • Berkadia Secures $50M Refinancing for New Orleans Office Tower
    Berkadia secured a $49.8-million loan to refinance Pan American Life Center, a 28-story office building in New Orleans. Located at 601 Poydras St., the property consists of 674,000 square feet of leasable office space. On-site features and amenities…
    - 3 days ago 19 Jul 19, 7:02am -
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