Hines JV Welcomes Biotech Firm at Houston Campus

Hines JV Welcomes Biotech Firm at Houston Campus

Levit Green’s Phase I totals 290,000 square feet. Image courtesy of Hines Hines and its partners 2ML Real Estate Interests and Harrison Street have signed a 7,400-square-foot lease at Levit Green, a mixed-use life science district in Houston. The tenant…
Arcadia Cold to Expand Chicago Footprint

Arcadia Cold to Expand Chicago Footprint

Arcadia Cold Storage & Logistics plans to build two cold storage facilities in metropolitan Chicago and to begin construction on the first one by the end of this year. Logan Stuller and Sam Tippmann from Ti Cold in front of…
Black Lion Pays M for Miami Beach Office Building

Black Lion Pays $63M for Miami Beach Office Building

Black Lion Investment Group has made its first office acquisition in Miami Beach, Fla., purchasing The Lincoln at 1691 Michigan Ave. for $62.5 million, with plans to redevelop the mixed-use property into a luxury office concept it’s calling ‘Class X.’…
Terreno Realty Expands With M NoVa Acquisition

Terreno Realty Expands With $84M NoVa Acquisition

In January, Terreno Realty has begun a $64 million redevelopment of 1855 W. 139th St., a 231,000-square-foot industrial property in Gardena, Calif. Image courtesy of CommercialEdge Terreno Realty Corp. has further expanded its portfolio around the Washington, D.C., area with…

Pacific Elm, KDC Land $290M for Dallas Office Project

Parkside Uptown is scheduled for delivery in 2027. Image courtesy of KDC A joint venture between Pacific Elm Properties and KDC has secured a $290 million construction loan for Parkside Uptown, a 500,000-square-foot office development in Dallas. Goldman Sachs Alternatives…
Capital Ideas: Why REITs Can Wait for Rate Cuts

Capital Ideas: Why REITs Can Wait for Rate Cuts

Therese Fitzgerald It’s looking like interest rates may be higher for longer. At least that’s what Federal Reserve officials indicated in separate addresses yesterday. “Sustainably restoring” inflation to 2 percent is not yet done, insisted Federal Reserve Vice Chair Philip…
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