Business Specialties
Harbor Group Buys South Florida Office for $33M
The roughly 101,000-square-foot asset in Sunrise traded for the first time in a decade. The new owner intends to perform capital improvements at the three-story building.
Equinix Opens its Largest Japanese IBX in Tokyo
The new data center will comprise more than 3,500 cabinets and more than 153,800 square feet dedicated for colocation upon full deployment.
Bank of America Tower in Houston Scores LEED Platinum
The high-rise is the first U.S. project to earn the LEED V4 Platinum for Core and Shell designation—the top score achieved in the category to date.
Global Mutual Buys Triangle Office Park for $81M
BBVA Compass Bank provided the buyer of the nearly 430,000-square-foot Class A research campus with a five-year, $61.6 million acquisition loan.
Sector-by-Sector Real Estate Review
Commercial real estate investors hope for the best as downturn looms.
Foreign Investment Moves Beyond the Gateways
Lofty prices and compressed yields are causing global buyers to prospect in other lucrative, business-friendly states such as Texas and Florida.
Institutional Insights: Return to Core Values
As market volatility mounts, these investors are shifting their property type and geographic exposures and taking advantage of the latest proptech innovations.
Strategic Storage Trust IV Buys Seattle-Area Facility
The REIT expanded its footprint with a 350-unit storage asset in Redmond, Wash. The six-building property changed hands for $11.5 million.
Kilroy Realty Signs 1st Lease for Bay Area Life Science Campus
Cytokinetics is the first tenant of the in-progress $600 million project. The biopharmaceutical company will occupy 235,000 square feet at Kilroy Oyster Point starting in September 2021.
1031 Investor Chases Retail Yield in the Inland Empire
CBRE orchestrated a complex deal that resulted in its client’s purchase of Menifee Town Center and The Barn at Wildomar from separate sellers and the disposition of a Hollywood property.