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$25 million office portfolio in Cary boosts Michigan group"s Triangle holdings
The two properties total 137,759 square feet combined and are located south of Lake Crabtree......»»
Didn"t get a PPP loan? Colorado launches new fund to help smaller companies
A volunteer group of investors is raising as much as $50 million from the private sector to supplement a $2.5 million contribution from the Colorado Office of Economic Development and International Trade......»»
Goldman"s investment portfolio takes almost $900 million hit from pandemic
Goldman Sachs Group Inc. has Wall Street’s biggest investment portfolio, a boast that became a liability in the first quarter as fallout from the coronavirus weighed on the firm’s holdings. The... To view the full story, click the title link......»»
Zilber"s new plan for Dairyland in Kenosha includes apartments, offices, industrial
Zilber Property Group is stepping into the long-gestating Dairyland Greyhound Park redevelopment with a new concept for 360 apartments, three office buildings and about 1.75 million square feet of industrial buildings......»»
Shaker Group charges ahead with $6 million expansion as pandemic slows economy
The company will triple its office and warehouse space when it moves from Latham into the 65,000-square-foot building it is renovating off Routes 4 and 32 in Waterford......»»
Why Jacobs Engineering"s Stock Is Trading Higher
Jacobs Engineering Group (NYSE: J) shares are trading higher on Monday, after the company announced it won a $29 million cybersecurity support contract by the United States patent and trademark office. read more.....»»
Paramount Group to sell stake 1633 Broadway
Paramount Group, Inc. has entered into an agreement to sell a 10 percent interest in 1633 Broadway, a 2.5 million square foot trophy office building located on Broadway between 50th an.....»»
New development group says it has something to prove with $300M Carrollton project
Here's the story behind Namhawk's $300 million mixed-use plans in Carrollton that include apartments, an office tower, two condo towers and a hotel......»»
Japan"s MUFG takes big loss on loan to Glencore-led coal port: sources
Mitsubishi UFJ Financial Group (MUFG) sold off its $85 million loan to Glencore's Wiggins Island Coal Export Terminal (WICET) in Australia to a hedge fund on Wednesday at about 52 cents in the dollar, two sources said......»»
AirAsia shares plunge after Airbus bribery allegations
Shares of Malaysia's AirAsia Group and unit AirAsia X fell on Monday, after allegations by Britain's Serious Fraud Office that Airbus paid a bribe of $50 million to win plane orders from Asia's largest budget airline group......»»
Wall Street bargain hunter will save $180 million in office rent
One of Wall Street’s kings of bargain basement buying found a way to cut the price of its own headquarters on Sixth Avenue. Fortress Investment Group has renegotiated its lease at 1345 Sixth Ave.,... To view the full story, click the title link......»»
JL Capital takes over development of Sky Ala Moana from Avalon Group
JL Capital is taking over the development of the $500 million Sky Ala Moana condominium and hotel project that recently broke ground on Kapiolani Boulevard, from Avalon Group, which will continue to market the project’s 474 residential units. Tim L.....»»
Meridian sells Clearwater office complex to Boston firm for $15.3M
Meridian Development Group, a Tampa-based commercial real estate agency, has sold three units of Meridian Concourse Center in Clearwater, a four-building office and flex/industrial complex, for $15.3 million. The buyer, Albany Road Real Estate Par.....»»
SoftBank to go ahead with WeWork stock tender offer this week
SoftBank Group Corp will this week launch a previously agreed tender offer for as much as $3 billion of WeWork shares, including up to $970 million owned by the office sharing company's cofounder Adam Neumann, two people familiar with the matter said......»»
25 new towers pegged for downtown Austin
There’s no question Austin is a boomtown. A record-breaking 8.1 million square feet of office buildings is under construction in the capital city, according to CoStar Group Inc., as developers and investors try to capitalize on rising prices and .....»»
Thor refinances Brooklyn office building
Thor Equities Group has refinanced 180 Livingston Street in Brooklyn for $92.2 million, company executives announced. Acquired by Thor Equiti.....»»
300 Lakeside, massive Oakland office complex, hits the market
300 Lakeside, Oakland’s largest office complex, is on the market.  Owners Swig Co. and Rockpoint Group recently revamped the lobby, added a conference center and are close to finalizing approval to more than double the office space in the 975,0.....»»
Shorenstein closes on $350M loan for 1407 Broadway
JLL Capital Markets arranged a $350 million loan to finance the leasehold position of 1407 Broadway, a 43-story, 1.1 million-square-foot office building. The group worked on behalf of Shorenstein Pro.....»»
Rolls-Royce takes another $1 billion hit to fix problem engine
The bill to fix Rolls-Royce's Trent 1000 engine has risen by another 800 million pounds ($1 billion) as the aerospace group battles to reduce disruption to airline customers that have had to ground Boeing 787 passenger planes for repairs......»»
Debt markets eager for slice of Rockpoint, CLK refinancing
Cushman & Wakefield announced that the firm served as the exclusive advisor to Rockpoint Group & CLK Properties in the procurement of $125 million for the refinancing .....»»