Business Specialties
First NNN Technology Trading Platform Debuts
Brokers + Engineers will launch with two products, one offering predictive pricing and a second providing 1031 advisory to exchangers, leveraging artificial intelligence, as it takes aim at the estimated $6.5 trillion net lease market.
Colliers Brokers 100 KSF Lease in Boston Suburb
TechTarget extended its lease at Riverside Center in Newton, Mass. The company has been the property’s largest tenant since 2010 when it relocated from a neighboring suburb.
Portland Office Tower Commands $68M
NKF Capital Markets represented Felton Properties in the sale of 400 Sixth Avenue. A joint venture between SteelWave and Barings Real Estate Advisers purchased the 208,477-square-foot asset.
Drivers of Investment Success for 2018
The commercial real estate industry has had an evolving year. From sustainability and increases in interest rates to the effects of a changing administration, the market has experienced a mix of positive and negative moments.
NJ Office Asset Lands $66M
Cushman & Wakefield negotiated the terms of the 10-year, fixed-rate financing provided by Morgan Stanley Bank N.A. One Newark Center is a Class A, 423,028-square-foot office building in Newark’s CBD.
DAUM Brokers Sale of 41 KSF Industrial Facility in OC
The Huntington Beach, Calif., facility was purchased by a family-owned electronic vaping business. DAUM Commercial represented the buyer and JLL worked on behalf of the seller.
C&W Closes Sale of 75-Acre Former Konyn Dairy Site
Touchstone Communities plans to develop Park Circle, a mixed-use development that will bring a retail town center with restaurants, shops, community space and more to San Diego.
Recursion to Open New HQ in SLC
The pharmaceuticals company will occupy 100,000 square feet at the upcoming The Gateway lifestyle and entertainment center in the heart of Salt Lake City.
WeWork Signs 45 KSF Lease in Manhattan
Swiss pension fund AFIAA has reached full occupancy at 125 W. 25th St., a Manhattan office property the firm acquired last year for $150 million.
AISD to Finalize Sale of Austin Assets, Relocate HQ
The sale of the properties will provide affordable housing opportunities, while the headquarters’ relocation aims to solve the traffic congestion issue present at the current main office.