Holly Dutton
Holly Dutton is a Senior Editor with Commercial Property Executive and Multi-Housing News. She joined CPE and MHN in 2018 and has reported on the real estate sector since 2012. She was previously with Real Estate Weekly and the Houston Chronicle. Connect with her on twitter: @HollyDutton
The Most Pivotal CRE Stories of 2019
These were the deals, trends and moments that shaped and defined commercial real estate in 2019.
Lingerfelt Commonwealth Buys Columbus Office Tower
Located in the city core, the 308,337-square-foot Chase Tower is currently 60 percent occupied.
Paramount Closes $402M Financing for San Francisco Buy
The financing comes months after the firm announced it was acquiring the Market Center complex for $722 million.
Truist Financial Buys Charlotte HQ from Cousins for $456M
A BB&T and SunTrust venture—now Truist Financial—exercised its option to purchase the nearly 1 million-square-foot office property.
Law Firm Inks Lease at 3 World Trade Center
Cozen O’Connor, one of the nation’s largest law firms, signed a 77,000-square-foot lease at the office property.
TerraCap’s Value-Add Play Wins Big in Atlanta
The firm sold Chastain Center in Kennesaw, Ga., for $46.1 million, after spending more than three years renovating the property.
Defensive Strategies for CRE Companies
Commercial real estate companies are taking a hard look at business strategies as they face the possibility of a slowdown or worse.
Prologis, Norges Buy $2B Logistics Portfolio
The partnership’s purchase of 19 million square feet of logistics properties in markets across the U.S. follows a string of blockbuster industrial deals.
Office REIT Sells Maryland Portfolio for $62M
Two of the properties are in the Woodlawn area of Baltimore, while the third asset is in Rockville, about 17 miles northwest of Washington, D.C.
CBRE’s New UK Debt Platform
The global brokerage has acquired Laxfield Capital, a London-based commercial property lending and debt investment management firm.