Commercial Real Estate News
May 23
12:25 PM bizjournals Primera Cos. finishes Legacy Business Park project One of the office developments in Legacy Business Park has been completed. Dallas-based Primera Cos. Inc., along with developer Myers & Crow Co. Ltd, has finished its two-story, ... May 23
11:53 AM bizjournals NKU wants hotel, additional development along U.S. 27: EXCLUSIVE Northern Kentucky University is looking for a business partner to develop property near its main entrance at the corner of Nunn Drive and U.S. 27. The university intends to enter ... May 23
11:31 AM nreionline Dealmakers Leave RECon 2013 Satisfied Most of the 33,000-plus attendees of ICSC’s RECon 2013 have gone home tired, but satisfied. read more May 23
11:25 AM nreionline Mobile App View information on to download NREIonline.com's mobile app. read more May 23
9:29 AM nreionline Is There a Role for Public Policy to Drive Market Transformation? The move to green buildings must be driven by the private sector and the appropriate role of the federal government is to provide tools and voluntary incentive-driven programs, ... May 23
8:39 AM nreionline Grosvenor Americas Sells La Colonnade La Colonnade has been sold by Grosvenor Americas to an undisclosed private investment group. Terms of the sale were not released. read more May 23
8:39 AM nreionline HFF Arranges $25.2M in Financing for Ontario Gateway Center Holliday Fenoglio Fowler has secured $25.2 million in financing for the Ontario Gateway Center. The 10-building, 220,930-sq.-ft. retail center is located in Ontario, Calif. read ... May 23
8:39 AM nreionline Western National Property Management To Manage The Paseos at Magnolia Western National Property Management has been tapped to handle the leasing and management of The Paseos at Magnolia. The 168-unit luxury apartment community being developed by the ... May 22
10:10 PM nreionline American Realty Acquires Centegra-Anchored MOB The Crystal Lake Medical Arts Building is 93 percent occupied. read more May 22
10:06 PM nreionline Kraus-Anderson Breaks Ground on Deephaven Woods The 78-unit seniors housing is being developed by St. Therese Catholic Church. read more May 22
10:01 PM nreionline Wiss, Janney Expand Lease at 10 S. LaSalle The engineering firm is now in 18,292 sq. ft., with a significant concession package, according to Studley. read more May 22
8:01 PM nreionline Goldstein Group’s Chuck Lanyard Napped President for RBN The Retail Brokerage Network (RBN), a retail real estate brokerage networking group, has elected Chuck Lanyard, president of The Goldstein Group, as its national president. read ... May 22
7:59 PM nreionline Deerwood Real Estate Capital Goes South with Two Loans for Two Retail Centers Deerwood Real Estate Capital has closed two loans for retail centers in Alabama and Florida totaling more than $26 million. read more May 22
7:56 PM nreionline Eastern Union Arranges Financing For Properties Throughout New Jersey Eastern Union Funding has arranged approximately $35 million in financing for several properties and property types throughout New Jersey. read more May 22
7:53 PM nreionline Massey Knakal Coordinates Disposition of Several NYC Properties Massey Knakal has coordinated the sale of several properties throughout New York City totaling more than $60 million. read more May 22
7:50 PM nreionline Fleet Pump & Service Group to Occupy Former Verizon Building in Yonkers Fleet Pump & Service Group Inc., a division of G.A. Fleet Associates Inc., has leased 30,000 sq. ft. of industrial space at 455 Knollwood Road in Yonkers, N.Y. read more May 22
7:48 PM nreionline Alfa Development, Park-It Management Acquire Chelsea Development Site for $12M Alfa Development and Park-It Management have acquired a development site at 117-119 West 21st Street in Chelsea for $12 million. read more May 22
6:15 PM bizjournals Newmark's McCabe promoted to regional director Newmark Knight Grubb Frank's Kevin McCabe has been named the commercial real estate giant's executive vice president and regional managing director. McCabe, who previously was ... May 22
5:16 PM bizjournals Pair of Cole REITs among most active in the nation If you’re looking to sell off your commercial real estate asset this year, chances are a real estate investment trust may show some interest, specifically Phoenix-based Cole Real ... May 22
4:57 PM nreionline Employee Engagement and Sustainability Thrive at Intel; 2012 Corporate Responsibility Report Released Intel's sustainability measures include tying its employee compensation to sustainability goals. The new $41 million LEED Silver Triangle Plaza in New York's South Bronx will be ... May 22
3:31 PM wsj Trump-Branded Rio Project Faces Test A developer is hoping to break ground soon in Rio de Janeiro on the first Donald Trump-branded project in Brazil, but with the country's growth engine low on steam, the office ... May 22
2:47 PM bizjournals Phoenix REIT pays nearly $100 million for Hillshire Brands building Phoenix-based Cole Corporate Income Trust Inc. recently purchased the 234,000-square-foot headquarters of national meat purveyor Hillshire Brands Co. at 400 S. Jefferson St. for a ... May 22
2:45 PM nreionline Jones Lang LaSalle Live at RECon 2013 Browse videos from Jones Lang LaSalle live at RECon 2013 from May 19-23, 2013 in Las Vegas, Nevada. Videos ... May 22
2:33 PM nreionline PARTNER VIDEO: How the Chinese Consumer is Changing Asia Retail The Chinese consumer has disposable income, and the incentive to spend it. As Jones Lang LaSalle’s Tom Gaffney explains, Hong Kong, in particular, is reaping the benefits. ... May 22
2:28 PM nreionline PARTNER VIDEO: Global Expansion for Retail: One Size does NOT fit all Mario Bauer has seen his restaurant expand into 28 countries, each with their own traditions and customs and what works in Europe doesn’t necessarily translate to the Middle East. ... May 22
2:25 PM nreionline PARTNER VIDEO: Riding the Acquisition Wave As the COO of DLC Management Corp., Daniel Taub leads his company’s acquisition strategy with a slightly “contrarian” approach. read ... May 22
2:20 PM nreionline PARTNER VIDEO: The Globalization of Retail As the president of ICSC, Mike Kercheval says the number one trend he’s seeing in the industry is the globalization of retail. read more May 22
1:58 PM bizjournals Permits issued for state office renovations Metro Nashville has issued $3.4 million in rehab permits for work to state offices in Metro Center. Messer Construction Co. is leading the work on the State of Tennessee ... May 22
1:36 PM bizjournals Citrix’s downtown Raleigh building could add two floors Further expansion of the new Citrix Systems office building in downtown Raleigh could be happening sooner rather than later. The developers of the building project have filed a ... May 22
1:33 PM bizjournals Pappadeaux finally pulls trigger after Trinity win (Video) Now that Trinity Medical Center's relocation has cleared its legal hurdles, seafood restaurant Pappadeaux is moving forward with plans for a U.S. 280 location. John Lauriello, ... May 22
1:18 PM bizjournals Phoenix REIT pays nearly $100 million for Chicago building Phoenix-based Cole Corporate Income Trust Inc. recently purchased the 234,000-square-foot headquarters of national meat purveyor Hillshire Brands Co. in downtown Chicago for a ... May 22
12:38 PM bizjournals ICSC takeaway: Retail's on the upswing Offices at several Kansas City area commercial real estate firms and economic development agencies have been vacant this week because their occupants are out seeking to fill ... May 22
10:25 AM wsj Mad for Madison The competition is intensifying for 650 Madison Ave., a 27-story, green-glass office building near the southeast corner of New York's Central Park, with some bids coming in for ... May 22
9:57 AM marketwire Omega Commercial Finance Plans to Launch Omega Asset Backed Fund I The Fund Adds an Additional Product to Their Commercial Property Financing Structure May 22
9:55 AM wsj Investors Brave Loans That Fly Solo The market for bonds backed by a single loan on commercial real estate is booming for the first time since the financial crisis. May 22
8:26 AM nreionline Chelsea Receives $23M in Financing from U.S. Bank Chelsea Investment Corp. has received $23 million in Low-Income Housing Tax Credit equity for the development of Fairbanks Commons Apartments. The financing is being provided by ... May 22
8:26 AM nreionline Pneumatic Scale Signs 26,506SF Lease Pneumatic Scale Corp. has taken 26,506 sq. ft. in Rexford Industrial’s 10860 6th St. in Rancho Cucamonga, Calif. Terms of the lease were not disclosed. read more May 22
8:26 AM nreionline AEW Buys 127,000SF Office Campus AEW Capital Management LP has purchased the office property at 3111-3141 Coronado Drive in Santa Clara, Calif. The two-building campus was sold by 3111-3141 Coronado Drive ... May 22
8:20 AM bizjournals CIS to triple its office space in Morrisville When life science consulting firm Compliance Implementation Services moves into its new office next year in the new Perimeter Two office building in Morrisville, the move will ... May 22
7:13 AM wsj Investors Target China's Warehouses Industrial real estate is often seen as the least glamorous slice of the property sector, but investors are increasingly looking at China's warehouses as a good place to park ... May 22
6:48 AM wsj Office Parks Get a Makeover Once a symbol of suburban dominance, aging office parks from California to New Jersey are being reimagined as little cities. May 22
5:53 AM nreionline Cole Buys Hillshire HQ in Chicago for $97M Owner Sterling Bay renovated the property specifically for the Sara Lee spinoff. read more May 22
5:49 AM nreionline Digital Realty Hires NGKF to Lease Data Center The San Francisco-based firm is building a multi-center campus here in this Chicago suburb. read more May 22
5:46 AM nreionline New Entertainment Venues Planned for Detroit Suburb Two companies plan separate theaters in Troy, which has struggled to recover since the recession. read more May 22
5:39 AM nreionline Law Firms Continue to Scale Back on Office Space Needs Law firms are expected to remain cost-conscious and occupy less space than in previous years. read more May 22
5:32 AM nreionline Mezzanine Lenders Face Greater Competition Mezzanine lending is getting caught up in the same frenzy for yield that is sweeping the broader commercial real estate market. read more May 22
5:15 AM costar 25 REITs Most Likely To Buy Your Property in 2013 This may well be the year that property owners in secondary and tertiary markets get a chance to cash in on the spending spree of the nation's largest publicly held REITs and real ... May 22
4:26 AM wsj Europe Hotel Deals Jumped in 1st Quarter The European hotel industry has been hurting as companies have cut business travel and travelers have curbed spending, but that hasn't slowed hotel acquisitions. May 22
4:18 AM costar Will Building Boom End the Party for Apt. Investors? Apartment developers and investors likely can look forward to enjoying another year or two of high occupancy and pricing power in a strengthening economy. But the music may stop ... May 22
3:13 AM costar Single-Family Rental REITs Continue Tapping Capital Markets The ranks of public or soon-to-be public companies that own portfolios of for-rent single-family homes swelled this week as one new firm registered for an initial public offering, ...
12:25 PM bizjournals Primera Cos. finishes Legacy Business Park project One of the office developments in Legacy Business Park has been completed. Dallas-based Primera Cos. Inc., along with developer Myers & Crow Co. Ltd, has finished its two-story, ... May 23
11:53 AM bizjournals NKU wants hotel, additional development along U.S. 27: EXCLUSIVE Northern Kentucky University is looking for a business partner to develop property near its main entrance at the corner of Nunn Drive and U.S. 27. The university intends to enter ... May 23
11:31 AM nreionline Dealmakers Leave RECon 2013 Satisfied Most of the 33,000-plus attendees of ICSC’s RECon 2013 have gone home tired, but satisfied. read more May 23
11:25 AM nreionline Mobile App View information on to download NREIonline.com's mobile app. read more May 23
9:29 AM nreionline Is There a Role for Public Policy to Drive Market Transformation? The move to green buildings must be driven by the private sector and the appropriate role of the federal government is to provide tools and voluntary incentive-driven programs, ... May 23
8:39 AM nreionline Grosvenor Americas Sells La Colonnade La Colonnade has been sold by Grosvenor Americas to an undisclosed private investment group. Terms of the sale were not released. read more May 23
8:39 AM nreionline HFF Arranges $25.2M in Financing for Ontario Gateway Center Holliday Fenoglio Fowler has secured $25.2 million in financing for the Ontario Gateway Center. The 10-building, 220,930-sq.-ft. retail center is located in Ontario, Calif. read ... May 23
8:39 AM nreionline Western National Property Management To Manage The Paseos at Magnolia Western National Property Management has been tapped to handle the leasing and management of The Paseos at Magnolia. The 168-unit luxury apartment community being developed by the ... May 22
10:10 PM nreionline American Realty Acquires Centegra-Anchored MOB The Crystal Lake Medical Arts Building is 93 percent occupied. read more May 22
10:06 PM nreionline Kraus-Anderson Breaks Ground on Deephaven Woods The 78-unit seniors housing is being developed by St. Therese Catholic Church. read more May 22
10:01 PM nreionline Wiss, Janney Expand Lease at 10 S. LaSalle The engineering firm is now in 18,292 sq. ft., with a significant concession package, according to Studley. read more May 22
8:01 PM nreionline Goldstein Group’s Chuck Lanyard Napped President for RBN The Retail Brokerage Network (RBN), a retail real estate brokerage networking group, has elected Chuck Lanyard, president of The Goldstein Group, as its national president. read ... May 22
7:59 PM nreionline Deerwood Real Estate Capital Goes South with Two Loans for Two Retail Centers Deerwood Real Estate Capital has closed two loans for retail centers in Alabama and Florida totaling more than $26 million. read more May 22
7:56 PM nreionline Eastern Union Arranges Financing For Properties Throughout New Jersey Eastern Union Funding has arranged approximately $35 million in financing for several properties and property types throughout New Jersey. read more May 22
7:53 PM nreionline Massey Knakal Coordinates Disposition of Several NYC Properties Massey Knakal has coordinated the sale of several properties throughout New York City totaling more than $60 million. read more May 22
7:50 PM nreionline Fleet Pump & Service Group to Occupy Former Verizon Building in Yonkers Fleet Pump & Service Group Inc., a division of G.A. Fleet Associates Inc., has leased 30,000 sq. ft. of industrial space at 455 Knollwood Road in Yonkers, N.Y. read more May 22
7:48 PM nreionline Alfa Development, Park-It Management Acquire Chelsea Development Site for $12M Alfa Development and Park-It Management have acquired a development site at 117-119 West 21st Street in Chelsea for $12 million. read more May 22
6:15 PM bizjournals Newmark's McCabe promoted to regional director Newmark Knight Grubb Frank's Kevin McCabe has been named the commercial real estate giant's executive vice president and regional managing director. McCabe, who previously was ... May 22
5:16 PM bizjournals Pair of Cole REITs among most active in the nation If you’re looking to sell off your commercial real estate asset this year, chances are a real estate investment trust may show some interest, specifically Phoenix-based Cole Real ... May 22
4:57 PM nreionline Employee Engagement and Sustainability Thrive at Intel; 2012 Corporate Responsibility Report Released Intel's sustainability measures include tying its employee compensation to sustainability goals. The new $41 million LEED Silver Triangle Plaza in New York's South Bronx will be ... May 22
3:31 PM wsj Trump-Branded Rio Project Faces Test A developer is hoping to break ground soon in Rio de Janeiro on the first Donald Trump-branded project in Brazil, but with the country's growth engine low on steam, the office ... May 22
2:47 PM bizjournals Phoenix REIT pays nearly $100 million for Hillshire Brands building Phoenix-based Cole Corporate Income Trust Inc. recently purchased the 234,000-square-foot headquarters of national meat purveyor Hillshire Brands Co. at 400 S. Jefferson St. for a ... May 22
2:45 PM nreionline Jones Lang LaSalle Live at RECon 2013 Browse videos from Jones Lang LaSalle live at RECon 2013 from May 19-23, 2013 in Las Vegas, Nevada. Videos ... May 22
2:33 PM nreionline PARTNER VIDEO: How the Chinese Consumer is Changing Asia Retail The Chinese consumer has disposable income, and the incentive to spend it. As Jones Lang LaSalle’s Tom Gaffney explains, Hong Kong, in particular, is reaping the benefits. ... May 22
2:28 PM nreionline PARTNER VIDEO: Global Expansion for Retail: One Size does NOT fit all Mario Bauer has seen his restaurant expand into 28 countries, each with their own traditions and customs and what works in Europe doesn’t necessarily translate to the Middle East. ... May 22
2:25 PM nreionline PARTNER VIDEO: Riding the Acquisition Wave As the COO of DLC Management Corp., Daniel Taub leads his company’s acquisition strategy with a slightly “contrarian” approach. read ... May 22
2:20 PM nreionline PARTNER VIDEO: The Globalization of Retail As the president of ICSC, Mike Kercheval says the number one trend he’s seeing in the industry is the globalization of retail. read more May 22
1:58 PM bizjournals Permits issued for state office renovations Metro Nashville has issued $3.4 million in rehab permits for work to state offices in Metro Center. Messer Construction Co. is leading the work on the State of Tennessee ... May 22
1:36 PM bizjournals Citrix’s downtown Raleigh building could add two floors Further expansion of the new Citrix Systems office building in downtown Raleigh could be happening sooner rather than later. The developers of the building project have filed a ... May 22
1:33 PM bizjournals Pappadeaux finally pulls trigger after Trinity win (Video) Now that Trinity Medical Center's relocation has cleared its legal hurdles, seafood restaurant Pappadeaux is moving forward with plans for a U.S. 280 location. John Lauriello, ... May 22
1:18 PM bizjournals Phoenix REIT pays nearly $100 million for Chicago building Phoenix-based Cole Corporate Income Trust Inc. recently purchased the 234,000-square-foot headquarters of national meat purveyor Hillshire Brands Co. in downtown Chicago for a ... May 22
12:38 PM bizjournals ICSC takeaway: Retail's on the upswing Offices at several Kansas City area commercial real estate firms and economic development agencies have been vacant this week because their occupants are out seeking to fill ... May 22
10:25 AM wsj Mad for Madison The competition is intensifying for 650 Madison Ave., a 27-story, green-glass office building near the southeast corner of New York's Central Park, with some bids coming in for ... May 22
9:57 AM marketwire Omega Commercial Finance Plans to Launch Omega Asset Backed Fund I The Fund Adds an Additional Product to Their Commercial Property Financing Structure May 22
9:55 AM wsj Investors Brave Loans That Fly Solo The market for bonds backed by a single loan on commercial real estate is booming for the first time since the financial crisis. May 22
8:26 AM nreionline Chelsea Receives $23M in Financing from U.S. Bank Chelsea Investment Corp. has received $23 million in Low-Income Housing Tax Credit equity for the development of Fairbanks Commons Apartments. The financing is being provided by ... May 22
8:26 AM nreionline Pneumatic Scale Signs 26,506SF Lease Pneumatic Scale Corp. has taken 26,506 sq. ft. in Rexford Industrial’s 10860 6th St. in Rancho Cucamonga, Calif. Terms of the lease were not disclosed. read more May 22
8:26 AM nreionline AEW Buys 127,000SF Office Campus AEW Capital Management LP has purchased the office property at 3111-3141 Coronado Drive in Santa Clara, Calif. The two-building campus was sold by 3111-3141 Coronado Drive ... May 22
8:20 AM bizjournals CIS to triple its office space in Morrisville When life science consulting firm Compliance Implementation Services moves into its new office next year in the new Perimeter Two office building in Morrisville, the move will ... May 22
7:13 AM wsj Investors Target China's Warehouses Industrial real estate is often seen as the least glamorous slice of the property sector, but investors are increasingly looking at China's warehouses as a good place to park ... May 22
6:48 AM wsj Office Parks Get a Makeover Once a symbol of suburban dominance, aging office parks from California to New Jersey are being reimagined as little cities. May 22
5:53 AM nreionline Cole Buys Hillshire HQ in Chicago for $97M Owner Sterling Bay renovated the property specifically for the Sara Lee spinoff. read more May 22
5:49 AM nreionline Digital Realty Hires NGKF to Lease Data Center The San Francisco-based firm is building a multi-center campus here in this Chicago suburb. read more May 22
5:46 AM nreionline New Entertainment Venues Planned for Detroit Suburb Two companies plan separate theaters in Troy, which has struggled to recover since the recession. read more May 22
5:39 AM nreionline Law Firms Continue to Scale Back on Office Space Needs Law firms are expected to remain cost-conscious and occupy less space than in previous years. read more May 22
5:32 AM nreionline Mezzanine Lenders Face Greater Competition Mezzanine lending is getting caught up in the same frenzy for yield that is sweeping the broader commercial real estate market. read more May 22
5:15 AM costar 25 REITs Most Likely To Buy Your Property in 2013 This may well be the year that property owners in secondary and tertiary markets get a chance to cash in on the spending spree of the nation's largest publicly held REITs and real ... May 22
4:26 AM wsj Europe Hotel Deals Jumped in 1st Quarter The European hotel industry has been hurting as companies have cut business travel and travelers have curbed spending, but that hasn't slowed hotel acquisitions. May 22
4:18 AM costar Will Building Boom End the Party for Apt. Investors? Apartment developers and investors likely can look forward to enjoying another year or two of high occupancy and pricing power in a strengthening economy. But the music may stop ... May 22
3:13 AM costar Single-Family Rental REITs Continue Tapping Capital Markets The ranks of public or soon-to-be public companies that own portfolios of for-rent single-family homes swelled this week as one new firm registered for an initial public offering, ...

