Brokerage
Transwestern, JDM Partners Buy 2 MSF Tempe Office
The partnership acquired the five-building Marina Heights campus from State Farm Automobile Insurance Co. in a sale-leaseback deal valued at $928 million, which could mark the largest-ever CRE sale in metro Phoenix.
JLL Report: Most Expensive Streets 2017
Office tenants—particularly those in the financial, legal and technology industries—remain willing to dole out the big bucks for premier space on the most coveted boulevards across the country.
AvalonBay Signs 73 KSF Lease in Arlington, VA
The final phase of the Liberty Center development, 4040 Wilson, will feature a mix of residential and office space over 22 stories. Construction will begin in early 2018 and is expected to finish in 2020.
Mohr Partners Taps New Managing Director
Mike Rapp joins the leadership team of the company’s Atlanta office after receiving his SIOR designation in recognition of his work.
Kansas City’s Corrigan Station Is Fully Occupied
Developed by Copaken Brooks and 3D Development, Corrigan Station has welcomed its final tenant—CardConnect. Specialized in advanced payment solutions, the company will occupy the last 11,150 square feet available.
Chicago MOB Breaks Ground
The Sanders Trust recently broke ground on a 30,000-square-foot medical office building in Glenview, Ill. The asset will be fully leased by the Fertility Centers of Illinois.
NKF Brokers Long-Term Lease for Stag Industrial
Palmer-Donavin Manufacturing Co. will occupy 230,805 square feet at Stag Industrial’s facility in North Jackson, Ohio, by the end of the year.
Texas Office Development Lands New Tenant
Boss Fight Entertainment signed a 13,500-square-foot lease with Kaizen Development Partners at One Bethany East, the first building under construction at One Bethany at Watters Creek, located in Allen, Texas.
Cushman & Wakefield Secures 505 KSF in Metro ATL
The speculative development owned by Scannell Properties is expected to add 300 jobs in the years following its Q2 2018 completion.
Okta Signs Corporate HQ Lease in San Francisco
Kilroy Realty Corp. will welcome the company to 100 First St., the tech firm filling an upcoming vacancy in the 500,000-square-foot office tower. Okta will set up shop in phases, commencing in the second quarter of 2018.