Business Specialties
Raleigh-Area Office Assets Change Hands
Cushman & Wakefield’s David Finger and Sara Owen represented the seller in both transactions.
The Boulder Group Arranges Florida Retail Transaction
The firm’s Randy Blankstein and Jimmy Goodman brokered the sale of the single-tenant retail facility located in West Palm Beach.
CBRE Brokers Pompano Beach Industrial Lease
Velocity Aerospace Group will occupy 51,000 square feet in a newly built industrial park starting in 2020.
Value-Add Play Wins $64M in Suburban Los Angeles
As demand grows for big blocks of office space, Griffin Capital Essential Asset REIT emptied 2160 Grand Ave. in El Segundo, Calif., and sold the 151,300-square-foot building to SteelWave.
Paramount Group Closes $1.3B Manhattan Refi
New financing for the 49-year-old trophy tower in the Times Square submarket was arranged by Eastdil Secured.
Angelo Gordon JV Sells Tampa Office Portfolio for $157M
The five-building collection includes WeWork Place, a 19-story tower that occupies an entire city block.
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.
SVN | KOVA Arranges Fort Myers Office Deal
SVN|KOVA and KOVA Property Management have been managing Alico Business Center since 2016, doubling its occupancy in two years.
IAC Properties Lands 100 KSF Tenant at Chicago-Area Facility
The building is located within the 1 million-square-foot IAC Chicago Market Center.
Connecticut Transit-Oriented Campus Lands $150M Refi
The developer will use financing from PGIM for property renovations, as well as for the development of a $45 million mixed-use transit center in Greenwich.