Business Specialties
LaSalle Buys Orange County Asset for $55M
While Hutton Centre was renovated in 2002 and 2012, the new owner plans to further invest in new amenities and common-area improvements.
BAC Florida Bank Relocates HQ to Coral Gables Development
Working on behalf of the bank, NKF negotiated the 63,000-square-foot lease at the mixed-use development underway in the city’s central business district.
Stanton Road Capital Acquires Chicago Office Tower
The 22-story property at 200 S. Michigan Ave. in the city’s East Loop is also known as the Borg-Warner Building.
Miami Tower Changes Hands in $126M Deal
A RREEF Property Trust fund sold 800 Brickell after almost five years of ownership. The office asset also includes 30,800 square feet of retail and an adjacent nine-story parking facility.
CommonGrounds Makes 1st Philadelphia Foray
The flexible office startup inked a 62,461-square-foot lease across two floors in a Center City office tower, as part of a nationwide growth spree. Shorenstein Properties owns the building.
Top 5 Sacramento Office Transactions
More than 2 million square feet of space changed hands in the metro year-to-date through June for a combined $447.4 million, according to Yardi Matrix data.
Metro Storage Pays $13M for Nashville-Area Facility
The firm has expanded its portfolio with the acquisition of a storage property located in Franklin, Tenn. The asset includes 523 climate- and 39 non-climate-controlled units.
Metro Storage Expands Florida Holdings
The company acquired a 641-unit self storage facility located roughly 7 miles from Orlando’s downtown.
Hyatt to Open Colorado’s First Thompson-Brand Hotel
Scheduled for completion in 2021, the hotel will be located in Denver’s LoDo neighborhood, near Continuum Partners’ proposed Market Station redevelopment, as well as Union Station.
Vi Leases Space in Willis Tower
The retirement community developer-operator will take the entire 84th floor of EQ Office’s iconic downtown Chicago property.