New York
Obama Factory Sensor Institute Coming to L.A.
A new federally-funded institute focused on developing efficient sensors for the manufacturing process is set to be based at UCLA in… Read more
American Realty Completes $180M Manhattan Buy
American Realty Capital New York City REIT, Inc. (NYCR) completed its acquisition of 1140 Avenue of the Americas, an institutional-quality… Read more
Duda Joins Hunt Investment Management
New York-based Hunt Investment Management added Tom Duda to a newly created role as Executive Vice President. The senior investment… Read more
Hines Sells Denver-Area Flex/Office Portfolio for $78.5M
Houston-based Hines sold a 10-building flex office portfolio in the Denver metro market to a partnership consisting of New York-based… Read more
Amazon Shopping for New Facility in Houston
Seattle-based Amazon.com Inc. is exploring a new $136-million fulfillment center in Northwest Houston’s Pinto Business Park. The online retail giant… Read more
Kimco Realty Strategically Sells $324M Worth of Canadian Portfolio
West Hyde Park, NY-based Kimco Realty is looking to strategically exit Canada by year’s end, and it has made a… Read more
NY State Law Could Mean Larger Apt. Buildings
Potential changes to a New York state law could loosen zoning in regards to the size of residential buildings in… Read more
What Makes a City Favorable?
There are many things to consider when moving to a new city. To find out what aspects matter most, Abodo… Read more
Mitsui Fudosan Proposes 43-Story DTLA Tower
Connect Los Angeles is tomorrow in DTLA. Here’s how to join us: Plans have been filed with the City of LA for… Read more
Multifamily REITs Blame Lower Revenue on More Supply
Ramped-up apartment supply in San Francisco and New York are hurting multifamily REIT revenues. Specifically, Essex Property Trust revenue dropped… Read more
JLL Acquires Construction Consultant Merritt & Harris
In a move to boost its project and development offerings, Jones Lang LaSalle (JLL), headquartered in Chicago, acquired Merritt &… Read more
UC Funds Places $24M Adaptive Loan on Pittsburgh Renovation
UC Funds has issued a $24.2 million adaptive reuse bridge loan to convert downtown Pittsburgh’s Salvation Army building into the… Read more
MG Properties’ Record $142M MF Asset Sale in IE
San Diego-based MG Properties Group and affiliates of New York-based Rockwood Capital, LLC sold Terracina, a multifamily property located in… Read more
CBRE GI Acquires 47% Office Stake for Korea Post
CBRE Global Investors’ U.S. Managed Accounts Group acquired a 47 percent interest in 7 W 34th St., a renovated Class… Read more
Two NYC Towers Land Large Tenants
Large leases were signed at two of Manhattan’s newer, high-profile office towers. Schroders Investment Management North America is relocating its… Read more
Granite Completes Nearly $80M Tri-Cities Acquisition
Plano, TX-based Granite Properties acquired 550 North Brand Blvd., a 21-story office tower in Glendale, CA for nearly $80 million… Read more
$27B, 5-Year Capital Improvement Approved for MTA
New York State’s Capital Plan Review Board approved a $27 billion, five-year Capital Improvement Program for the New York City-based… Read more
NY REIT, JBG to Create $8.4B JBG Realty Trust
New York REIT Inc. has struck a definitive agreement with the JBG Cos., based in Chevy Chase, MD to create… Read more