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TH Real Estate, an affiliate of Nuveen (the investment management arm of TIAA), will retain the remaining 50.1% interest in 501 Boylston St., which totals 610,000 square feet of office and retail space.
“There are still value-add opportunities in southern New Jersey, especially compared to those in the northern part of the state where pricing is considerably higher," says Kislak senior vice president Matt Weilheimer.
The two-phase Northside development now provides more than 1,500 University of Texas students with a modern, amenity-rich living experience at the northern edge of campus.
The team, led by real estate veterans and executive managing directors Sergio Pérez, SIOR and Samuel Campos, includes 18 producers, six of whom are senior experts, NKF reports.
The new organizational structure will replace the existing operations that manage CBRE's services business within its existing geographic businesses—Americas, EMEA and APAC. That structure will remain in effect for the remainder of 2018.
The Summit, located just one block north of the existing Arch building in the heart of downtown, will double the footprint of the convention center when it opens for business in 2022.