Business Specialties
Inland Empire Office Changes Hands
CIP Real Estate traded the building, which contains more than 70,000 square feet of Class A space, for upwards of $20 million.
The Year Ahead in Energy Policy: What to Watch
Experts advise getting out in front of expanded benchmarking, regulatory changes and other likely trends on the horizon.
Executive Spotlight: Eugene Lee, Knotel
Eugene Lee sheds light on company strategy and details his return to the private sector from senior government positions.
Thor Equities Sells Retail Space in Downtown Chicago
The buyer, Jenel Management Corp., paid $26 million for the two-story shopping center which is currently leased to Verizon, T-Mobile and Blick Art Materials.
Big Deals Dominate Q3
Sizeable portfolio buys and M&A activity pushed overall transaction volume to a remarkable $29.8 billion in the third quarter, according to Real Capital Analytics.
Goldman Sachs JV Pays $83M for Orange County Office Campus
The five-building property—encompassing more than 300,000 square feet of Class A office space—last changed ownership in late 2005 for $68 million.
Plymouth Industrial Closes Stock Sale, $97M Portfolio Purchase
The REIT sold $75 million worth of shares to Madison International Realty and used a portion of the proceeds to acquire a 1.1 million-square-foot group of assets in Jacksonville, Fla.
Piedmont Expands Boston Portfolio With $74M Acquisition
The REIT also sold a Glendale, Calif.-based office property, sticking to its strategy of selling select non-core and mature assets at low yields and reinvesting proceeds into strategic markets.
Farinon Business Park Continues Expansion
Worth & Associates kicked off construction on the third phase of Farinon Business Park. The two-story office building will encompass nearly 85,000 square feet of rentable space.
Financing MOBs: A Lender’s View
The specialty assets have some traits in common with retail properties, notably the importance of location and consumers’ needs.