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Launched in the summer of 2016, Realla is a free-to-list search engine for commercial property. It displays the largest public index of available commercial real estate in the UK.
The ground leases are improved with eight single-tenant net-lease retail properties, totaling approximately 44,000 square feet, with tenants including a Chase Bank, a WaWa, five national restaurant brands including Cheddar's and Chuy's, and a car wash.
The new platform— Logistics Property Company, LLC— has partnered with Macquarie Capital Real Estate Investments on the formation of the platform. LPC seeks to grow its business to more than $5 billion of properties under management over the next five years.
Holliday Fenoglio Fowler, L.P. reports it arranged $110 million in financing for the 310,055-square-foot project that includes the 200-key Kimpton Hotel Born; a 54,976-square-foot, Class A five-story office building with ground-level retail space and a 197-space parking garage in Downtown Denver.
The sale of the property between a private investor and owner operator and the new owner, a Chicago-based private equity firm, was reported by brokerage firm Marcus & Millichap.
A joint venture of Trammell Crow Co. and Elm Tree Funds was awarded a 20-year build-to-suit lease in August with the General Services Administration for the project.
JP Morgan and Mack Real Estate are providing $294 million for the luxury condominium tower. Construction on the 22-story building that is being built by John Moriarty & Associates has begun.
Earlier this year, Ideanomics consolidated its New York City offices into approximately 10,300 square feet of leased space on the 19th floor of 55 Broadway in the Financial District of Manhattan. The company also has offices in London, Hong Kong, Beijing, and Shanghai, China.
Secaucus, NJ-based Hartz Mountain has previously stated while in contract for the property that it plans to demolish the more than 413,500-square-foot complex and develop warehouse and distribution space at the site.