Landmark Properties Delivers 909-Bed The Mark Philadelphia Student Housing Tower in University City
•Landmark Properties
Northeast CRE News
Commercial Real Estate News
Swire Properties Breaks Ground on Mandarin Oriental Residences in Miami's Brickell Key
•Swire Properties, Inc.
Walker & Dunlop Arranges $630.6 Million Fannie Mae Refinance for IMT Capital Multifamily Portfolio
•Walker & Dunlop
Ares Expands Sabey Data Center Properties Investment to More Than $500 Million
•Sabey Data Centers
JLL Arranges $86.05M Agency Financing for Griffis Residential's 400-Unit Denver Multifamily Community
•JLL
The NRP Group, Selfhelp Realty Group and Foxy Management Break Ground on 229-Unit Affordable Senior Housing Development at Sol on Park in the Bronx
•Selfhelp Realty Group
JLL Arranges $60.65M Sale and $42.91M Financing of Walnut Tech Business Center for AEW and CIP Real Estate II LLC
•JLL
DevelopmentAffordable
Arada London and Clarion Housing Group Top Out 30 Social Rent Homes at 100 Chalk Farm Road in Camden
Arada London and Clarion Housing Group have reached the topping-out milestone at 100 Chalk Farm Road in Camden, marking a key construction benchmark for 30 new social rent homes. The development is one of three Camden sites where the two organisations have agreed a forward-purchase partnership to deliver a combined 136 social rent homes.
•Arada London
Property Transactions
Slate Asset Management and One Investment Management Agree to Buy Eight Oslo Retail Parks From Tellus Eiendom AS for About €250 Million
Slate Asset Management and One Investment Management have agreed to acquire a portfolio of eight grocery-anchored retail parks in the Greater Oslo region from Tellus Eiendom AS, valued at approximately €250 million. The deal expands the partners' European essential real estate platform and is subject to customary closing conditions.
•Retail
Property TransactionsRetail
First Washington Realty Pays $65M+ for Two Grocery-Anchored Shopping Centers in Minnesota and Missouri
First Washington Realty has acquired two grocery-anchored shopping centers in Blaine, Minnesota, and Liberty, Missouri, for a combined price exceeding $65 million. The deals add 345,493 square feet to the Bethesda-based firm's national open-air retail portfolio.
•First Washington Realty
PeopleLandMixed Use
Howard Hughes Names Kate Kaminski President of Arizona Region to Lead Teravalis
Howard Hughes Communities has promoted Kate Kaminski to President of the Arizona Region, succeeding Charley Freericks in a planned transition. Kaminski will oversee Teravalis, the company's 37,000-acre master planned community in Buckeye, Arizona.
•Howard Hughes
More News
Property TransactionsWarehouse & Distribution
JLL Income Property Trust Acquires $90 Million Class A Distribution Center Near Boston
JLL Income Property Trust has acquired Worcester Distribution Center, a fully leased Class A industrial building in Worcester, Massachusetts, for approximately $90 million. The 396,000-square-foot property, built in 2022, expands the non-traded REIT's industrial portfolio to $2.7 billion across 66 properties.
•JLL Income Property Trust
LeasingOffice
Morgan, Lewis & Bockius Signs 205,000-Square-Foot Lease at Hines-Managed 1251 Sixth Ave. in Midtown Manhattan
Law firm Morgan, Lewis & Bockius has leased 205,000 square feet at 1251 Sixth Ave. in Midtown Manhattan, a building managed by Hines. The deal was among the largest of a third quarter in which Manhattan companies leased more than 10 million square feet of office space.
•SJP Properties
Property TransactionsIndustrial
Rockpoint Group and Rockpoint Industrial Acquire Richmond Trade Center, a 1.03 Million-Square-Foot Industrial Campus in Chester, Virginia
Rockpoint Group and its operating partner Rockpoint Industrial have acquired Richmond Trade Center, a 1.03 million-square-foot, five-building Class A industrial campus in Chester, Virginia. Rockhill Management, a Rockpoint affiliate, will manage and operate the property.
•Rockpoint Group