Business Specialties

CBRE Arranges $158M Financing for Koll on Office Industrial Park in Irvine

The Koll Co. has refinanced Airport Business Center, a 1.2 million-square-foot office/flex industrial park in Irvine, Calif., to the tune of $158 million.

Cousins Begins Construction of Office Development in Austin

Cousins Properties is starting construction on Research Park V, a 173,000-square-foot Class A office development in Austin, which is the last of a planned five-building complex the firm has developed.

Starwood Closes Acquisition of 7 Malls from Taubman for $1.4B

Affiliates of Starwood Capital Group have acquired seven regional shopping malls totaling more than 7 million square feet of retail from Taubman Centers.

Trinity Capital Advisors and DRA Advisors JV Acquires 584 KSF 400 South Tryon

Trinity Capital Advisors has been heating up the Charlotte commercial real estate market of late.

Hines Buys Suburban Phoenix Site with Plans to Replace Eyesore with M-U Project

Hines has made a purchase that will soon bring a sigh of relief to many residents of the City of Chandler, roughly 25 miles outside of Phoenix.

Prescott Sells 242 KSF Office Complex in Fort Worth,Texas

Investment sales activity continues at a solid pace and Prescott Realty Group’s sale of Summit Office Park is among the latest transactions.

CBRE Global Investors Fund Buys 11-Building Miami Office Park

Strategic Partners U.S., an affiliate of CBRE Global Investors, has acquired Airport Corporate Center, a 45-acre office park, from Hines REIT Airport Corp.

Hillwood Expands into Canada, Europe

Hillwood is entering the Canadian real estate market, with plans to build the largest speculative industrial development in Alberta. The company also unveiled plans to enter the European logistics real estate market, with $1.3 billion worth of investments over the next three to four years.

INTERNATIONAL: Brookfield Canada Grabs Brookfield Place Calgary East Tower

Brookfield Canada Office Properties has bought Brookfield Place Calgary’s 56-story office tower, which is currently under construction.

Transwestern to Lease 1.5 MSF Office Park in Houston to Signorelli

Transwestern will be the exclusive leasing agent for Valley Ranch Commerce District, a new office park to be developed in the Houston area.