NEW YORK CITY-A joint venture between Equity One and locally based Investcorp inks a deal to acquire 30 of Equity's 32 Texas properties for approximately $402 million. Equity One will maintain a 20% stake and a subsidiary will handle management and leasing at the site under a 15-year deal.
NEW YORK CITY-A joint venture between Equity One and locally based Investcorp inks a deal to acquire 30 of Equity's 32 Texas properties for approximately $402 million. Equity One will maintain a 20% stake and a subsidiary will handle management and leasing at the site under a 15-year deal.
SOUTHAMPTON, NY-For $35 million, the state university system purchases a campus here from a private college. The deal is part of SUNY Stony Brook's expansion efforts.
NEW YORK CITY-GSC Partners brings on a former BlackRock executive to serve as portfolio manager for a new fund. The not-yet-named fund will focus on US-based commercial real estate-backed high yield debt and mezzanine investments.
NEW YORK CITY-A US demand for office space will lead to rent increases in 37 markets, according to Cushman & Wakefield US Office Market Barometer. Four regions predicted to do well are Northern California, Phoenix, the Washington, DC/Northern Virginia corridor and the New York City metro area.
NEW YORK CITY-Negotiations will start up again today between Silverstein Properties and the Port Authority of New York and New Jersey. The pair had stopped talking about resolving their differences over the World Trade Center redevelopment.
NEW YORK CITY-Negotiations will start up again today between Silverstein Properties and the Port Authority of New York and New Jersey. The pair had stopped talking about resolving their differences over the World Trade Center redevelopment.
NEW YORK CITY-David Arena leaves Jones Lang LaSalle to become president of Grubb & Ellis' New York region. The industry veteran was chief strategy officer at JLL.