Archives

Wilson, a global real estate investment and services firm, announced today that it has represented the landlord in one of the largest restaurant leases in Downtown Los Angeles this year, bringing the ground-floor retail space at mixed-use development 1000 Grand by Windsor to 100 percent occupancy.

McCormick Construction, in conjunction with developer, Evolution Strategic Partners, has announced the groundbreaking of Evolution Warner Center, a 277-unit luxury residential multifamily development. The 426,000-square-foot, transit-oriented development is located at 6606 N. Variel Ave. in the heart of the Warner Center neighborhood. Construction cost is estimated at nearly $60 million.

Global real estate investment and services firm, Kennedy Wilson , has negotiated a two-part sale of the ground lease and underlying fee interest in land located at 1420 Kettner Blvd. in the Little Italy submarket of San Diego, California. The seven-story building is comprised of approximately 123,000 square feet of commercial office space and sits on a 2.6-acre parcel of land.

LOS ANGELES – Sept. 20, 2017 - (RealEstateRama) -- Global real estate investment and services firm Kennedy Wilson has been tapped as the official...

The Building Owners and Managers Association (BOMA) International honored four of its members with the Regional Member of the Year Award during the 2017 BOMA International Conference & Expo in Nashville, Tennessee, in late June. Regional Member of the Year Awards are given annually to BOMA members who have demonstrated an outstanding commitment and contribution to both the association and the commercial real estate industry.

Calmwater Capital, a leading national direct real estate lender, has provided $7.6 million in senior debt to Nelson Brothers Professional Real Estate, LLC to acquire and upgrade a student housing complex near Washington State University. The 184-bed property, known as College Crest Apartments, is located at 1555 NE Merman Drive in Pullman, Washington.

Kennedy Wilson, a global real estate investment and services firm, has announced the closing of three 10-year leases with major national retailers at the South Park by Windsor mixed-use property in Downtown Los Angeles (DTLA), bringing the ground-floor retail space to 100-percent occupancy. The property is one of South Park’s newest mixed-use high rise developments to recently open.

Calmwater Capital, a leading, national direct real estate lender, has originated a $36.7 million loan for Remington Nevada to refinance existing debt and finance remaining construction of the Mountains Edge Marketplace in southwest Las Vegas. Once completed, the 101,000-square-foot retail property, anchored by Albertsons, will be located at the corner of Blue Diamond Road and South Buffalo Drive, adjacent to the Mountains Edge master planned community.

JLL Atlanta today announced two additions to the company’s Atlanta retail brokerage group. The firm has hired Coleman Morris as a Vice President and Jessica Condon as a Senior Associate. The additions are part of JLL’s continued retail brokerage growth in the Atlanta market.

CRG has engaged JLL to market and lease a 1.7 million square foot speculative industrial development in Savannah. CRG, the real estate development arm of Clayco, purchased two parcels of land for the project last year. Steve Grable, SIOR and Chris Tomasulo of JLL represented CRG in the land acquisition from Dallas-based Stratford Land.

Adventure Air Sports, a state-of-the-art family entertainment center, has signed an eight-year lease at Town Center Plaza in Kennesaw, GA. It is the company’s first location in Georgia

London and Silicon Valley heading up the Global Top 30 on JLL’s 2017 Investment Intensity Index? Not surprising. But Raleigh-Durham, Austin and Denver also making the list? Now that’s interesting. It’s because these smaller powerhouses are punching above their weight in proportion to their local GDP and going head-to-head with highly globalized markets that are traditionally more attractive to investors.

Bayer U.S. has hired JLL to market for sale or lease its 43-acre, six building, 1 million-square-foot research and development center in Memphis. “The 43-acre former Bayer Research and Development campus represents an ideal redevelopment opportunity for healthcare corporations and other users seeking well-located sites in and around the Mid-South region,” said Jack Wohrman, SIOR, JLL Vice President.

JLL’s Capital Markets experts today announced the firm provided financing for the acquisition of Goodall-Brown Lofts and Fix Play Lofts, two multifamily assets located in Birmingham, Alabama. Highland Real Estate Capital purchased the buildings.

JLL has hired Brad Pope, one of Atlanta’s top industrial brokers, as a senior vice president in JLL Atlanta’s Industrial Group. Pope will focus on agency listings and corporate services brokerage.

Jones Lang LaSalle Incorporated (NYSE: JLL) has been recognized by the Ethisphere Institute as a 2017 World’s Most Ethical Company®. The honor acknowledges, for the 10th consecutive year, the strong principles of business and professional ethics that are inherent in JLL’s values, culture and strategy as well as its interactions with clients, customers, vendors and employees. The Ethisphere Institute is a global leader in defining and advancing the standards of ethical business practices.

Calmwater Capital, a Los Angeles-based provider of commercial real estate debt, has originated a senior secured term loan to Edwards Companies for its acquisition and redevelopment of a 362,720-square-foot office building in Downtown Columbus, Ohio. The sponsor plans to redevelop the property, located at 155 E. Broad St., into a mixed-use property comprising residential, office and hotel space.