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Top 10 Deals

  Northeast: 717 Fifth Ave Merrill Lynch Ctr. Going to Chicago…

  Northeast:
717 Fifth Ave Merrill Lynch Ctr. Going to Chicago REIT for $286M By Michael Gilliard NEW YORK CITY-Walton Street Capital’s $286-million acquisition of the 26-story tower at 717 Fifth Ave. is all but signed. The Chicago-based REIT beat out a list of 20 suitors, said to have included California billionaire Marvin Davis and several German firms. … Full Story
Great Valley Corp Ctr Sherwin-Williams Expands Lease to 14,000 SF By Marita Thomas PHILADELPHIA-The Cleveland, OH-based global paint and decorating industry giant renews and expands its lease at the corporate center in Malvern, PA, making it the company’s northeast headquarters. According to published reports, the lease is valued at more than $800,000. … Full Story
799 Ninth St

$78M for 799 Ninth St. WASHINGTON, DC-Developed for $60 million, the new 201,500-sf, class A office structure at 799 Ninth St. comes under contract to be sold to German fund manager Blue Capital Investments. The building is 95% leased to government tenants. … Full Story
 
  Southeast:
Mall at Millenia Shakeout Looms on Duplicate Stores at Millenia and Florida Malls By Alex Finkelstein ORLANDO-Experts differ on the potential effects of the big gamble national retailers are taking in placing expensive units at shopping centers only four miles apart in South Orlando. … Full Story
   
  Midwest:
Daniel J Hyman North Shore Office, Industrial Packages For Sale By Mark Ruda CHICAGO-Upside potential is offered in multiple properties in the suburbs of Highland Park, Northbrook and Skokie, where the Gold family is selling properties through a sealed-bid process overseen by Millennium Properties, Inc. … Full Story
  Northridge Plaza Financed for $23.8M By Mark Ruda CHICAGO-The 209,288-sf Northridge Plaza Shopping Center in Olathe, KS is funded by the Kansas City, MO office of NorthMarq Capital while locally-based Cohen Financial brokers the sale of a K-Mart-anchored shopping center in Marion, KS for $85 per sf. … Full Story
   
  Southwest:
Downtown San Antonio San Antonio Retail Market Remains Healthy By Jim McCartney SAN ANTONIO-The occupancy rate is near 89% and the average rent up 2.1%, according to new market report from Holliday Fenoglio Fowler. A stable local economy and a flourishing trade zone keep the region moving. … Full Story
Teel Crossing GlobeSt.com EXCLUSIVE: Miller Plans $30M Double Play By Connie Gore FRISCO, TX-Henry S. Miller Development acquires the second hard corner at a main thoroughfare in Frisco. The plan is to simultaneously roll out 300,000 sf of retail in a race to be the first to cross the finish line in Frisco. … Full Story
   
  So Cal:
BP Plaza Tower Met Life Wins $270M for BP Plaza By Bob Howard LOS ANGELES-Beacon Capital Partners buys the 55-story skyscraper in Downtown Los Angeles, which was on the market for some time by Metropolitan Life Insurance Co. The skyscraper, built in 1974, is more than 90% occupied. … Full Story
   
  Nor Cal:
  NBC Signs Downtown Lease Agreement By Michelle Savage SAN FRANCISCO-An NBC-owned television station has signs a 10-year lease Downtown to house its national, local and sales office, as well as serve as a broadcasting location for Bay Area broadcasts. … Full Story

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