Cushman & Wakefield, Chicago, is representing the University of California Los Angeles as it acquires the former Marymount California University campus in Rancho Palos Verdes, Calif.
Tag: Cushman & Wakefield
Dealmaker: Cushman & Wakefield Arranges $69M New Hampshire Industrial Sale
Cushman & Wakefield, New York, arranged $69 million for the Northeast Industrial & Flex Portfolio, a four-building portfolio totaling 593,000 square feet in New Hampshire.
Bright Spots Amid Offices Sectors Struggles
Office absorption remains negative even though office-using employment increased by 1.9% in the first half of the year, adding 635,000 jobs, reported Cushman & Wakefield, Chicago.
‘Brick & Mortar Here to Stay’
Cushman & Wakefield, New York, said brick and mortar stores will remain a crucial part of the retail sector even if e-commerce grows.
Dealmaker: Cushman & Wakefield, Greystone Close Alabama Multifamily Sale, Financing
Cushman & Wakefield and Greystone arranged provided acquisition financing for City Heights Hoover, a 160-unit multifamily community in suburban Birmingham, Ala.
Cushman & Wakefield: Considerable Scope for Commercial Real Estate to Absorb Rate Increases
Changes in interest rates and changes in commercial real estate cap rates have a weak relationship historically, said Cushman & Wakefield, Chicago.
Dealmaker: Boulder Group Arranges $15M in Net Leased Property Sales
The Boulder Group, Wilmette, Ill., sold two single-tenant net leased retail properties in Illinois and Colorado for $14.7 million.
Dealmaker: Cushman & Wakefield Brokers $101M in Life Sciences, Medical Office Sales
Cushman & Wakefield, Chicago, closed life sciences and medical office property sales totaling $100.9 million in Missouri and Indiana.
Dealmaker: Cushman & Wakefield Arranges $315M Orlando Office Sale
Cushman & Wakefield, Chicago, has arranged the sale and financing of SouthPark Center, a 10-building suburban office park in Orlando, Fla. The sale price equaled $315 million.
Data Center Growth Raises Sustainability Questions
Data centers are in demand, driven by large companies, government agencies and others that require an online presence. But sector’s growth raises questions about its sustainability, said Cushman & Wakefield, Chicago.