A mixed-use portfolio in Old Town Alexandria that Asana Partners assembled between 2016 and 2018 and invested $20M to renovate has hit the market. Asana owns 815 1/2 King Street in Old Town, Alexandria The Charlotte, North Carolina-based firm is looking…
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…
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…
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…
The Trepp CMBS Special Servicing Rate rose 45 basis points in February 2025 to 10.32%. The increase followed the rate’s slight decline in January, which represented its first drop in more than a year. Trepp cited two factors behind February’s sizable increase…
The $200 million plan to add significant new development to Birkdale Village has received a critical approval. The Charlotte Business Journal reports Jamestown received an okay from the Huntersville Board of Commissioners for a rezoning that will allow them to…
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