Michael Kosene

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  • Construction Industry Backlog Up

    The amount of construction work under contract but not yet completed rose to nine months, according to the Associated Builders and Contractors latest Construction Backlog Indicator, implying expanding demand for construction services, or a shortage of construction labor in a few markets.

    27 June 2017 13:12
  • Bell Works Lands $70M in Financing

    Somerset Development is transforming the two million-square-foot property into an indoor “downtown area” with retail on the ground floor, office and hotel on the upper floors, as well as single-family and townhomes.

    21 July 2017 12:21
  • BGC Acquires Berkeley Point, Minority Stake in New CRE Biz

    The company and its affiliate Cantor Fitzgerald paid $875 million to purchase the capital solutions provider, and invested an additional $100 million in finance and investment business CF Real Estate Finance Holdings LP.

    12 September 2017 12:46
  • Phoenix Self Storage Lands New Owner

    The 128,240-square-foot facility offers value-add opportunities, adjacent to a thoroughfare that is part of Phoenix’s $84 million Avenida Rio Salado street improvement project.

    05 July 2017 17:51
  • Manhattan’s GM Building Lands $2.3B Refi

    Boston Properties has completed a $2.3 billion refinancing of the 50-story, 2 million-square-foot trophy tower. The financing includes interest-only payments and matures in 2027.

    09 June 2017 13:14
  • Iconic Waterside District Opens in Virginia

    Following a $40 million investment, The Cordish Cos. and the city of Norfolk opened the Waterside District. The property is located along the Elizabeth River in downtown Norfolk.

    02 June 2017 12:07
  • TA Realty Sells $202M Mid-Atlantic Industrial Portfolio

    The properties are situated within the states of Maryland and Delaware. The company worked on behalf of Realty Associates Fund VIII and Realty Associates Fund X.

    26 July 2017 11:31
  • Economy Watch Weekly: Not All Retailers Feeling E-Commerce Impact

    While electronics and clothing retailers are seeing a portion of their sales moving online, e-commerce has yet to gain traction in some other retail categories, according to a recent CBRE analysis.

    27 June 2017 15:11
  • LincolnHealth Breaks Ground on E4H-Designed MOB

    The 39,800-square-foot facility slated for completion in June 2018 will consolidate primary, specialty and behavioral care services, which are currently spread among four buildings.

    03 August 2017 21:00
  • F5 Inks Major Lease at Upcoming Seattle Tower

    The deal also comes with a new name for Daniels Real Estate’s 48-story, 700,577-square-foot high-rise, which has been known as The Mark.

    08 May 2017 07:42