Sectors to Watch
- Prized Triple Net Retail Hits Market
- Spirit Shareholders Approve Merger with CCPT II
- Net-Leased Staples Building Trades
- Insurer’s MA HQ Trades to W. P. Carey
- RXR Taps C&W to Lease 75 Rock
- Convention Center Advisory Board Picks Portman-CMC
- Gazit-Globe Completes $138 Million Common Stock Offering
- AHI Gains Med Assets for $141M
- MOB Q1 2013 Sales Top $1 Billion
- Victory Medical Moves into McKinney
- 5M-SF USAA RealCo Portfolio Attracted National, International Bidders
- Cushman & Wakefield Closes Artful Deal
- Cassidy Turley Consolidates NJ Offices
- HFF Brokers Henderson’s $127.5M Refinancing
- Logistics Firm to Build New HQ
- UCI Foundation Appoints Haddad COB
- New Student Housing for Western U
- US Bank Provides Equity for Charter School
- Unfinished Hotel to Be Converted to Student Housing
- Kayne Anderson Closes $750M Fund
- CT Realty JV Sells Three MF Assets
- BAF Buys Strategic Multifamily from Trade Street
- Equity Continues Sell-Off; Closes on 168-Unit Scottsdale Meadows
- Schrager Buys West Village Building and Adjacent Parcel
- Retail-Acquisition Competition Heats Up
- South Beach ACE Wins Palm View Endorsement
- Game Is on for Hotel Investors
- Colliers to Market Summerdale Parcel
- Chelsea Parcel with Sizeable Air Rights Goes Up for Sale
- Competitors Draw Blood in Convention Center Battle
- Hospital Campus MOBs Need Special Handling
- The Next Generation of Tech Companies
- Why Avison Young Acquired WG Compass
- 379,000-SF Former Amoco Building Sells
- Garmin to Build 60,000-SF Center
- South Beach ACE Wins Palm View Endorsement
- Convention Center Advisory Board Picks Portman-CMC
- Why Avison Young Acquired WG Compass
- CBRE: Private Capital Grabbing Unanchored Retail
- MGM Pushes Western MA Casino
Net Lease
MIAMI—The newly constructed Carrabba’s Italian Grill and Outback Steakhouse is up for sale. Find out who's likely to buy.
FULL STORYSCOTTSDALE, AZ-The two companies took another step toward completing its merger, with 96% of the shareholders at a special shareholder meeting approving it.
FULL STORYMIAMI—As the first LEED Gold Certified retail building in Miami, this trophy asset is positioned in a densely populated area with over 470,000 residents within a five mile radius.
FULL STORYQUINCY, MA-Arbella has been headquartered at the 132,000-square-foot, single-tenant facility since 1996.
FULL STORYNEW YORK CITY-The 66-year-old office tower will receive a makeover and repositioning as part of RXR Realty’s 99-year triple net leasehold.
FULL STORYHealthcare Real Estate
MIAMI—The final vote by the Miami Beach Convention Center Advisory Board was four to three in Portman-CMC’s favor.
FULL STORYTEL-AVIV, ISRAEL-Israili/US company will move funds toward operations. Closing price was about $13.25 per share.
FULL STORYNEWPORT BEACH, CA-GlobeSt.com learns EXCLUSIVELY that the acquisitions, on behalf of Griffin-American Healthcare REIT II, include 17 medical office buildings and three skilled-nursing facilities in five states.
FULL STORYMINNETONKA, MN-HREIT's John Mugford points out that MOB's healthy first-quarter showing comes with a caveat – Realty Income's acquisition of American Realty Capital Trust also involved $380 million of MOB sales.
FULL STORYMCKINNEY, TX-In this UPDATE to a previous story, Victory Healthcare announces a new location, while CEO Robert Helms Jr. explains why now is a good time for MOB development in the Metroplex.
FULL STORYIndustrial
DALLAS-In this UPDATE to a previous article, CBRE's Jack Fraker, who helped represent USAA in disposing of its eight-building portfolio, tells GlobeSt.com that buyer Duke Realty had plenty of competition during the marketing period.
FULL STORYNEW YORK CITY-The broker consulted on a sale and recap of an art storage facility that has closed in Midtown.
FULL STORYCHATHAM, NJ-Commercial real estate services firm Cassidy Turley reports it has consolidated its Rochelle Park, Parsippany and Somerset offices and will now have its leasing team operate out of offices at 26 Main St., Suite 202, in Chatham.
FULL STORYPHILADELPHIA-HFF reports it has arranged $127.5 million in financing for Media, PA-based The Henderson Group’s 37-property industrial, office, and retail portfolio based here and in Melbourne, FL.
FULL STORYDETROIT-Load One Transportation plans to build a new 150,000-square-foot headquarters complex at the Detroit Region Aerotropolis near Detroit Metropolitan Airport.
FULL STORYStudent Housing
IRVINE, CA-Emile Haddad, president and CEO of FivePoint Communities here, is elected incoming chairman of the board of trustees for the foundation. He begins a three-year term in June 2014.
FULL STORYPOMONA, CA-A new mixed-use, 173,000-square-foot graduate student housing community has broken ground. The new development will be used by Western University of Health Sciences.
FULL STORYSANTA ANA, CA-The bank will provide $2.5 million of New Markets Tax Credit equity to help El Sol Science and Arts Academy here build a new dual-immersion charter-school building in this week’s wrap-up of deals.
FULL STORYMILWAUKEE—The unfinished Staybridge Suites Hotel on North Water Street could be the new home for students of the Milwaukee School of Engineering.
FULL STORYARMONK, NY-The fund was significantly oversubscribed, the private equity real estate arm of Kayne Anderson Capital Advisors said Tuesday.
FULL STORYMultifamily
COSTA MESA, CA-The communities are all within a mile of each other here and were sold to two local private parties.
FULL STORYORLANDO—Find how why this multifamily site drove more than 160 requests for investment packges.
FULL STORYSCOTTSDALE, AZ-Making its first area buy, California buyer Aukum Management acquires the 1980s complex from the Chicago-based Equity Residential for just north of $20 million.
FULL STORYNEW YORK CITY-The famed hotelier—and other investors—will develop a residential building, along with AREA Partners.
FULL STORYMore buyers are in the market for retail real estate now the the economy is improving, and competition is heating up, says Passco's Goodman.
FULL STORYHotels
MIAMI—The latest endorser represents the residents of Miami Beach’s Palm View neighborhood, which is located directly west of the convention center site.
FULL STORYDENVER-In comparison to Europe, the US economy is relatively healthy, with the strong growth in the stock market reflecting rising corporate profits and increased interest in deal-making, says Greenwood Hospitality’s Aik Hong Tan.
FULL STORYENOLA, PA-New England Retail Properties has hired Colliers International to market the proposed “Summerdale Parcel” site that is to be home to a mixed-use project on more than 50 acres here.
FULL STORYNEW YORK CITY-Marketer HFF is billing the location as best suited to a hotel, despite some popular competition in the area.
FULL STORYMIAMI-Finger pointing is an understatement. The public battle between South Beach ACE and Portman-CMC has reached a fevered pitch as the competitors go for blood.
FULL STORYOffice
NEW YORK CITY-MOBs are poised for more growth through development due to demographics, the Affordable Care Act and other market factors, say sources from Kaplan, Wolff & Cohen.
FULL STORYLOS ANGELES-The next generation of tech companies will drive the digital revolution in the 21st century, says Avison Young’s Christopher Cooper.
FULL STORYMIAMI—WG Compass' Jonathan Satter tells GlobeSt.com's Jennifer LeClaire why the firm decided to merge and Avison's Pike Rowley discusses the challenges of expansion.
FULL STORYNEW ORLEANS-Local commercial real estate developers Joseph and Eddie Hakim acquire the CBD office building from Petra Real Estate Opportunity Trust. Plans are to upgrade and lease up the 68%-occupied building.
FULL STORYCHANDLER, AZ-After five years of leasing in the Chandler Corporate Center, the global positioning satellite company headquartered in Olathe, KS has opted to expand its local operations through a design-build process in the same location.
FULL STORYRetail
MIAMI—The latest endorser represents the residents of Miami Beach’s Palm View neighborhood, which is located directly west of the convention center site.
FULL STORYMIAMI—The final vote by the Miami Beach Convention Center Advisory Board was four to three in Portman-CMC’s favor.
FULL STORYMIAMI—WG Compass' Jonathan Satter tells GlobeSt.com's Jennifer LeClaire why the firm decided to merge and Avison's Pike Rowley discusses the challenges of expansion.
FULL STORYPALM BEACH, FL—Find out why CBRE contends that demand is very strong from a variety of private capital sources for unanchored strip centers located in southeast Florida.
FULL STORYSPRINGFIELD, MA-Company officials told the Republican newspaper that they’re “not going to take anything for granted” in fostering public support for the project.
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