Patrick Smith

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  • Prologis Inks 10 Leases at NJ Office/Flex Facility

    The transactions encompass seven office leases totaling 31,725 square feet and three industrial leases counting 12,020 square feet. Tenants include Panalpina Inc., Hexim Pharmaceuticals and Public Service Enterprise Group.

    05 July 2017 13:11
  • CMBS Delinquencies

    The total delinquent balance fell for multifamily ($-38m, $484.1m), lodging (-$134m, $1.2b), office (-$122m, total $5.3b), industrial (-$59m, $1b), and rose for retail ($61m, $5.6b).

    30 August 2017 18:51
  • Jack Howard Moves Up at CBRE

    He will take on his new role as executive vice president of the firm’s National Loan & Portfolio Sale Advisors branch, after serving for more than 12 years in various positions within the company.

    07 September 2017 13:05
  • Brooklyn Lots, Warehouse Sell Well Above Asking Price

    The property’s new owner is planning to replace the existing structure with a synagogue and either apartments or a hotel.

    20 April 2017 08:40
  • The Last-Dollar Mindset

    Private equity funds have a tremendous amount of liquidity, but they are becoming increasingly selective in the types of projects they finance as the cycle appears to be peaking, notes Avison Young Principal Jay Maddox.

    18 October 2017 13:07
  • JV Scores Marriott Franchise Agreement for Hotel Development

    Bellefield Development and The Shaner Hotel Group will build a soft-branded Residence Inn in Hyde Park, N.Y. The 133-key project will be the first of two hotels set to be constructed on a 339-acre site.

    18 August 2017 15:47
  • Hines to Redevelop London Office Asset

    The redevelopment of 25 Cabot Square will bring approximately 200,000 square feet of new office space to the market. The project is scheduled for completion in late 2018.

    15 June 2017 16:29
  • Bonded Leases 500 KSF Metrolina Park Building

    The provider of third-party logistics opened a 371,000-square-foot warehouse in an industrial park north of downtown Charlotte, N.C., and also agreed to lease the remaining 124,000 square feet of the building.

    21 August 2017 20:32
  • Vote: 2017 Executives of the Year

    CPE has added a popular vote to the 2017 Executive of the Year awards program. Now's your chance to help select the winners! The deadline to vote is November 13.

    16 October 2017 16:32
  • Seritage, GGP Trade $248M in JV Transactions

    The joint venture will continue to own four properties on a 50/50 basis. These assets are located in Texas, Washington, Massachusetts and Oklahoma.

    17 July 2017 11:01