JLL Capital Markets arranged a $34.115-million construction-to-perm loan for SixSixty, a Class A medical building totaling 124,076 square feet in downtown Sacramento. Senior managing directors Jeff Sause and John Chun worked on behalf of the borrower, the joint venture of Revitate’s opportunity zone…
Tishman Speyer has completed its first office acquisition in its hometown since before the pandemic. The New York City office giant, which owns Rockefeller Center and The Spiral, spent $105.5M on a fully leased, 12-story office building in Lower Manhattan. 148 Lafayette…
Data center developer T5 Data Centers is expanding its footprint in Georgia and Chicago amid the firm’s growing focus on hyperscale megacampuses. Atlanta-based T5 announced plans last week for a 1.2 gigawatt data center campus in Georgia, its fourth in…
A subsidiary of The Cheesecake Factory has been hit with a $2.7M lawsuit over the sudden closure of a large restaurant in the Brickworks redevelopment. Culinary Dropout closed in the Brickworks development in West Midtown Atlanta in January, less than…
Greysteel has announced the listing of a mixed-use opportunity zone development site at 45 Q Street SW, located in the rapidly expanding Southwest Waterfront area of Washington, D.C. This fully entitled property is situated in proximity to the Navy Yard,…
Dallas-based Lincoln Property Co. is diving deeper into the brokerage business. Courtesy of AGpicture Lincoln Property Group’s Executive Managing Director of National Brokerage Tyler Courtney. The firm, known for development and property management, hired Tyler Courtney to to bulk up its leasing services. Courtney…
Nuveen appointed Chad Phillips as its new Global Head of Nuveen Real Estate, effective immediately. Courtesy of Nuveen Chad Phillips joined Nuveen in 2019 and has led multisector fundraising and management teams. Phillips now oversees a $141B portfolio of assets…
ExchangeRight, a Pasadena, CA-based provider of diversified real estate DST and REIT investments, said Monday that its Net-Leased All-Cash 9 DST was fully subscribed. The $24.78-million portfolio of net-leased real estate, backed by primarily investment-grade companies operating in necessity retail, provides…
The Bascom Group, LLC has retained Noel Aguirre and Sean Lieppman of Lee & Associates to market and lease a 4,100-square-foot ground-floor space at 200 Pine Ave. in Long Beach. Located in the city’s downtown area, the space features an adjoining 3,865-square-foot lower-level space….
Oracle acquired a River North property from GBT Realty Corp. for $60 million. In June 2021, Oracle paid $253.7 million for more than 65 acres of East Bank land for its future campus on the Cumberland River. Construction of its planned $1.35…
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