Business Specialties
Federal Realty Inks 150 KSF HQ Lease at Boston Mixed-Use
In 2021, PUMA North America will be relocating its headquarters to the new office property within the $1.2 billion Assembly Row in Somerville.
Knotel Grows Presence in Europe
With the acquisition of Deskeo, France’s leading operator of flexible office space, the company has expanded its footprint, adding 20 locations in Paris.
Stack Infrastructure to Build TX Data Center Campus
The newly formed company has teamed up with Hillwood to develop a hyperscale facility at the 26,000-acre AllianceTexas master-planned community in north Fort Worth.
Finmarc Management Buys MD Shopping Center
The company paid $43.9 million to acquire a 280,000-square-foot Upper Marlboro mall, which is anchored by Marshalls, Shoppers Food Warehouse, Regency Furniture, Advanced Dollar Tree and Dress Barn.
Spaces Signs On as Anchor Tenant at Miami’s One CocoWalk
The coworking firm will occupy nearly 43,000 square feet at the five-story office property taking shape within CocoWalk, a retail-driven lifestyle center undergoing redevelopment in Coconut Grove.
Asana Partners Buys Atlanta Retail Asset
The Trader Joe’s-anchored shopping center in the city’s Midtown submarket contains more than 110,000 square feet along the Eastside BeltLine trail.
Stockbridge Capital Group Buys FL Industrial Park
Working on behalf of the seller, Cushman & Wakefield negotiated the sale of Powerline Business Park, a 444,000-square-foot property in Pompano Beach.
ElmTree Funds Buys Pepsi Bottling Facility
With the help of HFF, Armada Hoffler Properties sold the newly built distribution center in Richmond, Va., totaling more than 220,000 square feet.
Brookfield to Redevelop 4.2 MSF Houston Center
The company, which acquired the four-building office campus for $875 million in late 2017, plans to launch a major upgrade of the property next month.
How Coworking Affects Asset Values
CBRE sampled recent office sales around the country to assess the influence of flexible workspace on cap rates and property values.