NREI Staff

SRS Real Estate Becomes Leasing Agent for Portland’s Lloyd Center
Nordstrom, Macy’s, Sears, Marshall’s and Ross Dress for Less anchor the property.
Excel Trust Buys California Property for $41.15M
Stadium Center was completed in 2007. The property is currently 96.3 percent leased.
CBRE Arranges $110.2M Loan for The Washington Building in D.C.
The loan, provided by SunTrust bank, features a long-term rate of approximately 3.5 percent and a seven-year term, with a three-year extension option.
RFR, Kushner to Buy Watchtower Portfolio for $375M
RFR and Kushner Companies have entered into a contract to acquire six properties in Brooklyn from the Watchtower Bible and Tract Society of New York for $375 million.
Rockpoint Group Completes $375 Million of Hotel Sales
Rockpoint Group LLC and its affiliates completed two hotel sales over the last three weeks, generating $375 million in proceeds.
15 Movies About Real Estate Development 1
What does commercial real estate development have to do with movies? Watch these 15 films (including one with a sequel) and find out.
Formation Capital Pays $400M for 36 Seniors Housing Communities
The portfolio includes 2,600 units, comprised of a mix of 65 percent assisted living facilities, 18 percent independent living facilities and 16 percent memory care facilities.
Jamestown Sells Atlanta Office Tower in $157.9M Deal
Jamestown acquired the tower in 2007. Eastdil Secured represented the firm in the current transaction.
RadioShack's Makeover
The electronics retailer unveiled the first of its redesigned stores at 2268 Broadway in New York City.
Hines Fund Sells NYC Office Towers for More Than $1B
Eastdil Secured LLC and CBRE jointly represented Hines in both transactions.
Tishman Speyer Closes $371.7M Construction Loan for San Francisco Condo Project
Cornerstone Real Estate Advisers provided funding for the non-recourse financing.
American Realty Capital Properties to Merge With American Realty Capital Trust IV in $3.1B Deal 1
As a result of the ARCT IV merger and other recent acquisitions, ARCP will own 2,579 single tenant properties in 48 states.
Shopping Center Group Appointed Leasing Agent for Glensford Way Project in North Carolina
Armstrong Ventures 2 plans to complete the development by spring 2014. BJ’s Wholesale Club will anchor the center, along with two junior anchors.
Agree Realty Pays $22.4M for Net Leased Sam’s Club, AutoZone Stores
The property leased to Wal-Mart Stores and occupied by a Sam’s Club contains 147,771 sq. ft. of space.
Hudson Pacific Enters Seattle Office Market with $367.6M Investment
The firm entered into an agreement to acquire a four-building, 836,419-sq.-ft. office portfolio in Seattle.
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