Balazs Szekely
Balazs covers the workspace trends, tools, and strategies that help organizations make hybrid work actually work, from access and space management to keeping distributed teams connected. A journalist by training with a career spanning radio, print, and digital media, Balazs has held content roles across multiple Yardi products and teams. His writing has been featured in The New York Times, The Washington Post, and The Wall Street Journal, as well as on CBS, CNBC, and more. Outside of work, Balazs is passionate about photography, winter sports, and nature, and never misses a chance to explore a new city. Drop him a line via email.
The Pinnacle, Two Live Oak Acquired by Brookdale Group Investment Fund
Two Buckhead office towers changed hands recently, The Brookdale Group announced in a news release. The Atlanta-based privately held commercial real estate investment company’s newly formed seventh fund purchased the properties from TIAA-CREF for a combined $201 million. Cushman & Wakefield’s Capital Markets team of Atlanta represented the seller during the negotiations with Executive Directors David Meline and Stewart Calhoun, Senior Director Samir Idris and Brokerage Services Director Casey Masters in charge.
Associa Brings Its Community Management Services to Tucson
Community association management firm Associa has recently introduced Associa Arizona by opening its newest location in Tucson, on January 26.
Coastal Construction Group to Build 25-Story South Tower for Condo Project
The same contractor will be in charge of construction at the second tower of the Marina Palms Yacht Club & Residences condo project that was assigned to build the first one back in 2013, according to the developers.
Stearns Weaver Miller Expands HQ, Signs Record Lease
Continental Real Estate Companies has landed the largest lease of 2014 in Miami’s Central Business District. Stearns Weaver Miller renewed its contract at Museum Tower for 10 years and expanded the footprint of its headquarters by 7,000 square feet. The law firm now occupies 110,000 square feet in the Class-A office building at 150 West Flagler Street.
HSL Properties to Sell Portion of 383-Acre Hilton Property it Acquires
Hilton El Conquistador Golf & Tennis Resort and the El Conquistador Country Club is now part of HSL Properties’ hospitality portfolio following a recent acquisition closed by CBRE Hotels. The brokerage group represented the seller, New York City-based MetLife, and the team negotiating the transaction included Jerry Hawkins, S. Douglas Henkel, Lewis C. Miller, Andy Wimsatt and Jeff Woolson. The deal including an additional 18 acres of developable land on Oracle Road was worth $15 million.
Owens Realty Buys 2 Office Buildings in East Orlando
Two of Quadrangle Corporate Park’s single-story office buildings totaling 82,175 square feet have a new owner following a $13,570,000transaction. The value of the acquisition translates as $165 per square foot.
Two South Florida Condominium Properties Sell for $12.6M
Windward Lakes Condominiums in Pompano Beach and Southwood Condominiums in South Miami-Dade changed hands recently, Franklin Street announced. The Tampa-headquartered commercial real estate firm completed the two bulk deals with Regional Managing Partner Deme Mekras and Senior Director Elliot Shainberg representing the buyers as well as the sellers in both transactions. The sales included a total of 178 units.
Holcomb Woods Business Park Picked Up by Rugby Realty Associate
New Rochelle, NY-based RexxHall Realty LLC, an affiliate of Rugby Realty, LLC has recently announced the acquisition of Holcomb Woods Business Park. The four single-story office buildings totaling 240,000 square feet are located in Roswell, North Fulton County along Georgia 400. The portfolio was 70% leased at the time of acquisition according to a written announcement released by the buyer.
Coronal-Panasonic Acquires Avalon Solar Project
The 35-megawatt Avalon Solar Project changed hands recently, the buyer – Coronal Group LLC – announced. While Coronal owns and manages the asset, Panasonic Eco Solutions, a unit of Panasonic Corporation of North America will oversee the operations and management of the project. Sumitomo Mitsui Banking Corporation was the financing provider for the sale.
SPOTLIGHT ON DALLAS: Lincoln Property Co. to Manage Parkwood Point Office Building
Lincoln Property Co. Southeast has won the exclusive leasing and management assignment for a nine-story office building owned by AEW Capital Management.