Barbra Murray
Brasa Capital Closes First Fund With $120M in Commitments
The investment vehicle, which is targeting middle-market opportunities mainly in the Southern California region, exceeded its fundraising goal by $20 million.
WeWork Takes 89 KSF at Florida’s Tallest Office Building
The lease encompasses four floors at Miami’s Southeast Financial Center and increases the coworking giant’s footprint of existing and planned locations in the city to 750,000 square feet.
Armada Hoffler to Buy Baltimore Asset for $101M
The REIT will acquire Thames Street Wharf, a trophy office tower along the waterfront in the city’s popular Harbor Point development, from KBS.
Taconic Capital Lands 372 KSF Tenant in Dallas
The health-care company will occupy International Plaza I in Farmers Branch, one-half of a two-building office campus, in its entirety.
Rubenstein Partners Buys CT Office Tower for $163M
The half-million-square-foot building in Stamford’s central business district was originally built to house the headquarters of the seller, the Royal Bank of Scotland.
Discovery Labs Plans $500M Philly-Area Coworking Campus
Newly established by MLP Ventures, the platform company will redevelop two campuses in King of Prussia into a 1.6 million-square-foot ecosystem for health-care, life sciences and technology-enabled businesses.
EverWest Sells Kansas City Office Tower for $118M
With the assistance of HFF, the real estate investment management company landed Platform Ventures as a buyer for the 243,700-square-foot, fully leased trophy asset.
DRA Advisors JV Buys San Francisco Office Park for $265M
Marina Village’s new owners have tapped JLL to spearhead leasing and are primed to transform 200,000 square feet of the 1 million-square-foot property’s available offerings into premier life sciences space.
Broad Street, MedAmerica Strike Merger Deal
MedAmerica, which has focused on medical office buildings since a name and strategy change in 2017, will be part of a new company with a 2 million-square-foot retail portfolio.
Lodging Market Headed for a Brief Slowdown
Hospitality demand is expected to drop in 2020 and 2021, mirroring a decline in economic growth, but numbers will go on the upswing again in 2022, according to a CBRE Hotels report.