News:
Brokerage
Posted: July 10, 2009
Savills closes $154m JV cap. for new 460,000 s/f Baylor Cancer Center
Savills has arranged a joint venture capitalization on behalf of Duke Realty Corp. for a new, 460,000 s/f Baylor Cancer Center that will be developed by Duke on the campus of Baylor University Medical Center. The deal is valued at $154 million. Savills's Healthcare Real Estate practice represented Duke in securing Northwestern Mutual as Duke's partner in the 100% equity deal. Northwestern will hold a majority interest in the joint venture. BremnerDuke, a wholly owned division of Duke, will serve as developer for the project.
Slated for completion in 2011, they will seek LEED Silver certification.
Tags:
Brokerage
MORE FROM Brokerage
Marcus & Millichap brokers $2.8 million sale of free-market mixed-use property in Brooklyn
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
Quick Hits
 (2).gif)
Columns and Thought Leadership
A guide to finding the right NYC property management company - by Sanjay Gandhi
Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Positive forecast for New York’s pro-housing push? - by Philip Butler
New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
.gif)
September Promotion
