New York
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
Kiehl’s Lands at Victoria Gardens
New York-based Kiehl’s is opening its first stand-alone store in the Inland Empire at Victoria Gardens in Rancho Cucamonga, CA.… Read more
Azzura Moves Forward on ph Premiere, Orlando
Azzura Development, based in New York City, will soon launch development on Planet Hollywood International’s debut hotel-condo brand, ph Premiere… Read more
Hunt Provides $19M Loan for Poughkeepsie Property
Hunt Mortgage Group has arranged a $19.2-million Fannie Mae acquisition loan for purchase of the 288-unit Mountain Brook Apartments in… Read more
BofA Not Liable in Countrywide Case
A federal appeals court in Manhattan has ruled that Bank of America Corp. was not liable for fraud nor would… Read more
Industrial Users versus Office Developers: The Space Grab
E-commerce and consumer demand fueled the need for more industrial space. Now industrial users/developers have competition. In some markets, technology… Read more
Savills Studley Names Bauman Global Retail Co-Head
Los Angeles-based Bill Bauman was named Co-Head of Savills Studley’s Global Retail Services Group. The veteran retail leader will serve… Read more
JLL: Innovations in Customer Interaction Drive Retail
Connect Media joins the throng of attendees who’ve gathered in Las Vegas this week for the International Council of Shopping Centers’… Read more
Apple Stores Initiate Global Redesign
By: Daniella Soloway After a decade and a half of glass windows, gadget-filled displays and genius bars along the walls,… Read more
DRA Advisors Sells off Five-Building Miami Portfolio
DRA Advisors LLC has struck a deal with Ivy Realty to sell its five-building office portfolio in Miami’s Waterford at… Read more