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Slate, OneIM Acquire Eight Grocery-Anchored Centers in Greater OsloSlate Asset Management and One Investment Management have agreed to acquire a portfolio of eight grocery-anchored retail parks in Norway from Tellus Eiendom AS for approximately €250 million (US$279 million).
Two New Retail Tenants Open at Dadeland Station in MiamiMIAMI — Two new anchor retail tenants have opened at Dadeland Station, a 350,000-square-foot, three-level retail power center located in Miami, just east of the Dadeland Mall. Burlington opened in August, followed by Marshalls in September.
JLL Negotiates Sale of Whole Foods-Anchored Retail Center in Metro NashvilleFRANKLIN, TENN. — JLL Capital Markets has arranged the sale of Southside at McEwen, a 92,470-square-foot retail center located in Franklin, roughly 20 miles south of downtown Nashville.
Nuveen Offloads 92K-SF Franklin Retail CenterNuveen traded the Southside at McEwen, a 92,470-square-foot Whole Foods-anchored retail center at 1554 W McEwen Drive in Franklin, Tennessee. JLL represented Nuveen, in the transaction.
Blackstone, LBA Land $270M Office Refi in L.A.’s Culver CityBlackstone and LBA Realty are set to close a $270 million commercial mortgage-backed securities refinancing for an office campus in Southern California’s Culver City.
New Tenants Brings DivcoWest’s Hudson Square AI Hub to Full OccupancyDivcoWest announced 325 Hudson St., a multitenant AI tech hub in Hudson Square, has reached 100% occupancy following recent leasing activity.
Galvanize Adds Orange County Industrial to Expanding PortfolioGalvanize Real Estate (GRE), the sustainable real estate strategy of Galvanize, has acquired a three-property, 280,000-square-foot industrial portfolio located in Orange County.
Long Island City Redevelopment Site Trades to Queens DeveloperMarcus & Millichap recently closed the sale of 49-03 Fifth St., a redevelopment site in Long Island City. The asset sold for $6.1 million.
Sprouts-Anchored Retail Sells to California Gold DevelopmentHanley Investment Group Real Estate Advisors arranged the $9.3-million sale of a Sprouts‑anchored retail property, which includes a 21,000‑square‑foot junior box lease‑up opportunity.
Qube Inks 52K-SF Deal at Related and Oxford’s 70 Hudson Yards DevelopmentRelated Companies and Oxford Properties’ 70 Hudson Yards — a roughly 1.4 million-square-foot office tower that won’t be complete until 2028 — has secured another office tenant, Commercial Observer has learned.
Owner-User Acquires NJ Cold Storage FacilityCushman & Wakefield arranged the $6-million sale of 609 10th St., an industrial and cold storage facility in Union City, NJ.
Alcion Ventures, Slate Offload 60 East 12th Street for $83MA joint venture of Alcion Ventures and Slate Property Group is parting ways with a rental apartment building near Manhattan’s Union Square at a loss, Commercial Observer has learned.
Plymouth Waterfront Hotel Set for RenovationsHaynes, a Massachusetts- and Rhode Island-based construction management firm, is leading a multi-level renovation of Hotel 1620, a boutique waterfront hotel in historic Plymouth, MA operated by Linchris and included in its Independent Collection of Hotels.
Affirmed Housing Breaks Ground on Affordable TOD in La MesaThe San Diego Metropolitan Transit System (MTS) and Affirmed Housing held the groundbreaking of Spring View, the latest transit-oriented affordable housing community to result from the organizations’ longstanding partnership.
RFQ Seeks Design-Build Team to Reconstruct Coney Island BoardwalkThe New York City Economic Development Corporation (NYCEDC) and the New York City Department of Parks and Recreation on Wednesday released a Request for Qualifications seeking a design-build team to lead the full reconstruction of the historic Riegelmann Boardwalk in Coney…
Mercedes-Benz Miami Project’s $1.1B Financing Package Speeds Closer to CompletionLadies and gents, start your engines. Mercedes-Benz Places–Miami’s construction financing is officially off to the races, sources confirmed to Commercial Observer. J.P.
Walker Webcast: Chris Lee and KKR’s Different Investment RegimeWhen Chris Lee appeared on the Walker Webcast in February 2023, KKR Real Estate’s Partner and President said the firm was becoming more constructive about putting capital to work.
JLL IPT pays $90M for Worcester IndustrialJLL Income Property Trust (JLL IPT) has acquired Worcester Distribution Center, a Class A industrial building in the Western Boston submarket, for a purchase price of approximately $90 million. The seller was not disclosed.
Gould Starts $25M East End Office Renovation, Seeks Tenants For Top FloorsGould Property Co. is investing $25M in 401 Ninth St. NW, the latest in a flurry of D.C. office renovations.
Billionaire Josh Harris’s Firm Moving to New Miami Design District DevDeveloper Craig Robins has signed up office tenants at the newest development within the Miami Design District luxury mall, including the private equity firm of billionaire Josh Harris, who co-founded financial behemoth Apollo Global Management and owns the Washington Commanders…