1 Memorial Drive

C&W Services Welcomes Michael Gill as Senior Director, Client Services, New England

Retrieved on: 
Tuesday, March 19, 2024

Cushman & Wakefield announced today that C&W Services has hired Michael Gill as Senior Director, Client Services, New England.

Key Points: 
  • Cushman & Wakefield announced today that C&W Services has hired Michael Gill as Senior Director, Client Services, New England.
  • Gill will oversee all Engineering & Maintenance operations in New England, a geographic stronghold for C&W Services, and take a critical leadership role within the region.
  • He will spearhead client partnerships across key accounts including BXP, which recently renewed services for another five years with C&W Services.
  • View the full release here: https://www.businesswire.com/news/home/20240319568095/en/
    “We are so fortunate to have Michael join our organization,” said Angel Doyle, Vice President, Client Services, New England.

Dancing for School Choice: Students to Perform by State Capitol to Celebrate Education Options

Retrieved on: 
Thursday, January 18, 2024

TRENTON, N.J., Jan. 18, 2024 /PRNewswire/ -- New Jersey students love having choices for what school they attend and are ready to demonstrate the power of options this National School Choice Week. At New Jersey's largest celebration of learning during the Week, students, families, and local leaders will gather for an upbeat student showcase and community conversation about K-12 options and opportunity in the Garden State.

Key Points: 
  • Highlights of the showcase will include a dramatic reading by Tranquil Teachings Learning Center students and a performance of the official National School Choice Week dance by SproutU School of the Arts students.
  • Lunch, school exhibitors, and free School Choice Week swag will add to the fun.
  • "The question is, how do we arrive with the meaningful education choice and access necessary to serve every learner in The Garden State?
  • National School Choice Week (NSCW) informs, inspires, and empowers parents to discover the K-12 education options available for their children, including traditional public, charter, magnet, online, private, and homeschooling.

CTO Realty Growth Announces Acquisition of Grocery-Anchored Retail Property in Atlanta, Georgia for $80.2 Million

Retrieved on: 
Monday, July 11, 2022

The purchase price represents a going-in cap rate below the range of the Companys guidance for initial cash yields.

Key Points: 
  • The purchase price represents a going-in cap rate below the range of the Companys guidance for initial cash yields.
  • We are very excited to be increasing our presence in Atlanta with our acquisition of Madison Yards, fortifying it as our portfolios largest market and adding to our grocery-anchored property exposure, said John P. Albright, President and Chief Executive Officer of CTO Realty Growth.
  • CTO Realty Growth, Inc. is a publicly traded real estate investment trust that owns and operates a portfolio of high-quality, retail-based properties located primarily in higher growth markets in the United States.
  • CTO also externally manages and owns a meaningful interest in Alpine Income Property Trust, Inc. (NYSE: PINE), a publicly traded net lease REIT.

MetLife Investment Management Achieves Record $109.8 Billion in Gross Commercial Real Estate Assets Under Management In 2021

Retrieved on: 
Wednesday, April 6, 2022

MIMs gross market value of commercial real estate assets under management (AUM) grew to $109.8 billion1 as of December 31, 2021, a reported record for MIM.

Key Points: 
  • MIMs gross market value of commercial real estate assets under management (AUM) grew to $109.8 billion1 as of December 31, 2021, a reported record for MIM.
  • Our real estate platform achieved record investment activity in 2021, creating value for our clients and partners despite continued challenges associated with the pandemic.
  • MIMs commercial mortgage team originated 235 transactions in 2021, a record for MIM, totaling more than $15.3 billion in capital provided in support of institutional real estate investors globally.
  • In equity real estate investing, MIM acquired $3.3 billion of properties in 2021, a 50% increase over its investment activity from the prior year.

MetLife Investment Management and Norges Bank Investment Management Announce $825.1 Million Acquisition of One Memorial Drive

Retrieved on: 
Thursday, August 26, 2021

MetLife Investment Management (MIM) , the institutional asset management business of MetLife, Inc. (NYSE: MET), and Norges Bank Investment Management (NBIM), the asset management division of Norges Bank, today announced the acquisition of One Memorial Drive in Cambridge, Massachusetts for $825.1 million.

Key Points: 
  • MetLife Investment Management (MIM) , the institutional asset management business of MetLife, Inc. (NYSE: MET), and Norges Bank Investment Management (NBIM), the asset management division of Norges Bank, today announced the acquisition of One Memorial Drive in Cambridge, Massachusetts for $825.1 million.
  • MetLife Investment Management , the institutional asset management business of MetLife, Inc. (NYSE: MET), is a global public fixed income, private capital and real estate investment manager providing tailored investment solutions to institutional investors worldwide.
  • Norges Bank Investment Management is the asset management division of Norges Bank, the Norwegian central bank.
  • Norges Bank Investment Management aims for the highest possible long-term return within the investment mandate set by the Norwegian Ministry of Finance.