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07/23/2014
Bowlmor AMF Strikes a Deal for Brunswick’s Bowling Alleys
Brunswick Corp. agreed to sell its retail bowling business to Bowlmor AMF for $270 million. The proposed transaction encompasses 85centers in the United States and Canada. In connection with its decision to sell its bowling centers, Brunswick also...

07/23/2014
United Water Leases 116,000 SF at Mack-Cali Centre VI in NJ
Sustainable water and wastewater management solutions provider United Water Management & Services, Inc. has signed a 20-year, 116,360-square-foot office lease at Mack-Cali Centre VI in Paramus, NJ. Located at 461 From Rd. in the heart of Bergen County...

07/22/2014
High Prices Pushing Hotel Investors Into Select Service, Second-Tier Markets
With hospitality property operating metrics strong and getting stronger and capital chasing a limited number of available properties, the lack of high-quality assets on the market is pushing investors into the select service and extended stay segments...

07/22/2014
CEB Signs 350,000-SF Lease In JBG's Central Place Development in Rosslyn
The Corporate Executive Board (NYSE: CEB) struck a deal to keep its headquarters in Arlington County as the member-based advisory firm agreed to lease approximately 350,000 square feet in a new Rosslyn office tower The JBG Cos. is building as part of...

07/22/2014
MediaMath Inks 106,000-SF Lease at 4 World Trade Center
MediaMath has signed a 15-year, 106,000-square-foot lease at 4 World Trade Center in New York City. The global media advertising and software technology company will consolidate more than 300 employees from three midtown locations when it takes occupancy...

07/22/2014
Simon Expanding Chicago Premium Outlets
Simon Property Group (NYSE: SPG) has broken ground on a 50-store, $110 million expansion of its Chicago Premium Outlets property in Aurora, IL, which will increase the size of one of the firm's most successful outlet centers by more than two-thirds to...

07/21/2014
ARC’s RCS Capital To Establish a Crowdfunding Investment Platform
As if American Realty Capital’s Nick Schorsch hasn’t already left his mark on raising capital for real estate sponsoring 12 public non-traded investment offerings, now his firm RCS Capital Corp. is establishing a crowdfunding investment platform which...

07/21/2014
HGI Sells 1412 Broadway for $250M
A group of investors led by Isaac Chetrit and Ray Yadidi acquired the office tower at 1412 Broadway in New York City from Harbor Group International (HGI) for $250 million, or about $583 per square foot. Originally built in 1926, the 24-story, 428...

07/21/2014
Invesco Nets LEED Platinum Arlington Office Complex for $90 Million
Atlanta-based Invesco Real Estate expanded its Mid-Atlantic footprint with the acquisition of 1776 Wilson Blvd. in Arlington, VA from Skanska USA Commercial Development for $90 million, or approximately $650 per square foot. Completed in 2012, 1776...

07/18/2014
CoStar's People of Note (July 13 - 19)
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Seattle, Chicago, Houston, New York City, Washington DC, Los Angeles...

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