Business Specialties
MOB Portfolios Change Hands for $90M
In three separate deals, CBRE has facilitated the sale of 23 medical office buildings, 13 of which are situated in the Chicago area.
Catalyst HRE, Bain Capital Buy Dallas MOB for $21M
The partners purchased the renovated six-story building across from Texas Health Presbyterian Hospital Dallas.
Industrial CRE Yield Compression Continues Globally
In a new study of 63 markets around the world, CBRE finds that 47 of them experienced a year-over-year decline in logistics real estate yields in 2018.
WeWork Signs 55 KSF in Manhattan Leases
The coworking firm continues a growth spurt in its hometown with three more office leases, on top of 92,000 square feet in new space commitments earlier this month.
MRP Realty Recapitalizes Downtown Philadelphia Portfolio
The company has partnered with Goldman Sachs to refinance a collection of three office buildings and a large parking garage.
Homewood Suites By Hilton Debuts in Colorado Ski Country
The 84-key property is located in the Rocky Mountains, a few miles from downtown Steamboat Springs and Steamboat Ski Resort.
Celularity Relocates, Consolidates New Jersey HQ
The 147,215-square-foot 170 Park Ave. in Florham Park will house the company’s corporate offices, manufacturing and research and development operations.
Stable Development Buys Atlanta-Area Medical Office Portfolio
Academy Orthopedics sold the three buildings located in Cumming and Buford, Ga. The former owner leases more than half of the space.
Pickard Chilton Designs New Norfolk Southern HQ in Atlanta
The 1-million-square-foot, two-tower structure, which broke ground in March, is scheduled for completion in the third quarter of 2021.
Patrinely JV Sells Houston-Area HP Campus
Patrinely Group teamed up with USAA Real Estate and CDC Houston to develop HP Plaza, located within CityPlace, a 60-acre mixed-use development in Springwoods Village.