Stream Realty Partners’ Washington, D.C. team has secured the leasing assignment for four Brookfield Properties office buildings in the Central Business District. The buildings, totaling 814,469 square feet, will be overseen by Stream’s Kyle Luby, John Klinke, Tim McCarty, and…
Two well-located Tempe retail properties have been sold for a total of $22.2 million. JLL represented the seller and procured the buyer, Capstone Advisors. JLL also helped finance the sale. Built in 1998, the two properties total 38,896 square feet combined…
Elevate Research Properties, Taconic Partners’ life sciences subsidiary, and Silverstein Properties have leased a 10,000-square-foot lab suite at The Hudson Research Center to the Icahn School of Medicine at Mount Sinai. Located at 619 West 54th Street in Midtown…
Landmark Properties has recapitalized The Mark Athens, a 1,364-bed, mixed-use property featuring student apartments as well as retail and office space. Located at 130 Hickory St. in Athens, GA, The Mark Athens serves students attending the University of Georgia. Terms of the financing were…
While the national industrial vacancy rate sits at 3.9%, unstable economic conditions continue to worry lenders, investors and developers alike, causing a chain reaction of skepticism to spread throughout the sector. Because of this, demand has somewhat softened. However, it continues…
Starwood Real Estate Income Trust and Morningstar Properties have formed a joint venture to invest in the “resilient” self-storage sector, according to a Tuesday release. The new entity will recapitalize 25 self-storage assets already owned by Morningstar funds and invest in additional assets to be operated under the…
This series gets into the heads of the decision-makers of CRE, the people shaping the industry by setting investment strategy, workplace design, diversity initiatives and more. Prevailing leadership philosophies have finally caught up to Clay Grubb. Since taking the helm of…
The lure of last-mile industrial plays continues to draw in big names with a Goldman Sachs group and Dalfen Industrial adding 11 buildings to a joint portfolio created by the two organizations. Texas has a particular lure for the groups, with more than half the…
Developer Merritt Properties has announced plans to build a 452,500-square-foot speculative light industrial business park in Wake Forest, NC. Located along Ligon Mill Road, the Merritt Capital Business Park will be developed on a 74-acre tract of land and will…
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