Barbra Murray
Akridge Delivers DC Office Project for WeWork
The developer and its partner, Alcion Ventures, signed the coworking firm to occupy the entirety of 1701 Rhode Island, a newly completed project in Washington’s central business district.
Westdale Inks 105 KSF in Leases at Epic Dallas Project
Three tenants, including the developer, have committed to space at the office tower, which is part of a transit-oriented development in the city’s Deep Ellum neighborhood.
Paramount Group Sells Manhattan Building for $130M
With the assistance of CBRE, the company sold the 75,000-square-foot office and retail asset at Zero Bond St. to a German investor.
Park Hotels Sells Phoenix Asset for $51M
The lodging REIT’s disposition of the 563-key Pointe Hilton Squaw Peak Resort is part of its portfolio transformation strategy.
Sumitomo Buys $144M Minneapolis Office Asset
With the acquisition of SPS Tower, a 655,000-square-foot property in the central business district, the company marks its debut in the city.
Lehigh Valley Among Top Emerging Industrial Markets
The Pennsylvania region had positive absorption for the sixth consecutive year and kept the vacancy rate below 5 percent, despite an aggressive inventory expansion, according to a Colliers International report.
Upgrades in Store for Nashville-Area Lifestyle Center
U.S. Properties Group will transform the 250,000-square-foot property’s central plaza. RDL Architects designed the makeover.
NorthWest to Buy $900M Hospital Portfolio in Australia
In a sale-leaseback transaction with Healthscope Ltd., the Toronto-based REIT will acquire 11 properties located in Melbourne, Sydney and Brisbane.
Granite Properties Buys Houston Office Complex for $78M
The purchase of Eldridge Place, an 824,000-square-foot property in the Energy Corridor, increases the company’s presence in the city to more than 2.3 million square feet.
CBRE Takes Pulse of Southeastern US CRE
A CBRE update on 18 key cities highlights the prospects for the region’s office, multifamily, retail and industrial sectors.