Brokerage
JLL to Handle Leasing Efforts for 510 KSF California Office Complex
LNR Property L.L.C., the owner of Warner Center IV in Woodland Hills, Calif., has tapped services firm Jones Lang LaSalle Inc. to lease the 509,923-square-foot Class A office complex.
Carlson Real Estate Engages Eastdil Secured for 5.5 MSF Portfolio
Carlson Real Estate Co. has engaged investment banking firm Eastdil Secured to “assist in reviewing and evaluating strategic alternatives” for CREC’s 5.5 million-square-foot real estate investment portfolio in Minnesota, Arizona and North Carolina.
W.P. Carey Closes on BCBS Portfolio Sale-Leaseback
By Gabriel Circiog, Associate Editor Blue Cross and Blue Shield of Minnesota has sold its six-building headquarters campus in Eagan to investment firm W.P. Carey & Co. The New York-based investment management company announced closing on sale-leaseback financing with the entity through CPA:17 – Global, a publicly held non-traded REIT affiliate. The transaction also included […]
Belmont Village Sells for $16.9 Million; Sullivan Branding Moves to the Toyota Center in Downtown
By Amalia Otet, Associate Editor Belmont Village, a Class A senior living community, recently sold for $16.9 million to an affiliate of Ohio-based Health Care REIT Inc. 6605 Quail Hollow Road purchased the three-story senior living center from Texas-based Belmont Village Memphis LLC. The 120-unit complex sits on a 3.8 acre tract and was built […]
Silverstein, CalSTRS Tap JLL for Leasing at 1177 Avenue of the Americas
In order to best take advantage of its trophy property at 1177 Avenue of the Americas in Manhattan, the partnership of Silverstein Properties and California State Teachers’ Retirement System has chosen Jones Lang LaSalle Inc. as its leasing agent for the Class A, 1 million-square-foot office tower.
Pearson Signs 200 KSF Office Lease on Hoboken Waterfront
After signing Pearson to a 200,000-square-foot lease at the Hoboken Corporate Center across from New York City, SJP Properties will commence construction of a 500,000-square-foot building to complete its mixed-use complex.
Liberty Property Trust Builds 1.2 MSF Big-Box Industrial Space in Eastern Pa.
Capitalizing on the need for big-box industrial spaces, Liberty Property Trust is constructing a 1.2 million-square-foot speculative distribution property in Bethlehem, Pa., and has named Cushman & Wakefield Inc. as the exclusive leasing agent for the $62 million project.
TMG, Rockwood Sign San Francisco Technology Tenant to 168 KSF Office Lease
Riverbed Technology, an IT firm in San Francisco, has just found itself a new home with a 167,788-square-foot lease at 680 Folsom St., courtesy a transaction handled by TMG Partners and financial partner Rockwood Capital.
CBRE to Handle Leasing, Management for Five Buildings in Houston Center
J.P. Morgan Asset Management has turned over to CBRE Group Inc. the property management and leasing of five buildings totaling 4.2 MSF in the Houston Center complex on the east side of downtown Houston.
Cassidy Turley to Provide Leasing Services for 2.2 MSF D.C. Development
Cassidy Turley becomes part of a landmark development in Washington, D.C., with Property Group Partners’ selection of the firm to serve as the exclusive leasing services provider for the I-395 Air Rights Development.