Business Specialties
Clarion Grabs One Oak Park, Expands Westchase Park in Houston
Clarion Partners has acquired One Oak Park, a six-story, 153,342-square-foot, Class A office building in the Westchase submarket of Houston, where it is also planning to expand the Westchase Park property it bought six months ago.
Crescent Buys 2 Acres in Downtown Orlando’s Central Station
It’s a small purchase, but it moves a major mixed-use development in downtown Orlando a step closer to fruition. Crescent Communities has purchased a two-acre site in Orlando’s CBD from RIDA Development Corp.
Acquisition Loan in Place for 230-Unit Suburban Dallas M-F
It may seem that lenders only go for the easy deals these days, but the acquisition financing that Beech Street Capital just closed for The Place at Park Timbers, a 230-unit multi-family asset in Lewisville, Texas, proves otherwise.
CBRE Global Investors Fund Acquires 2-Building Office Asset in Dallas
CBRE Strategic Partners U.S. Value 6 continues adding to its holdings with the purchase of Signature Place I and II, a 437,363-square-foot, two-building, Class A office property in the Far North Dallas submarket.
Ground Breaks on $450M Brigham Research, Clinical Facility in Boston
Boston’s status as the leading life sciences hub in the country will only be bolstered now that ground has broken on Brigham and Women’s Hospital’s $450 million Brigham Building for the Future.
Dubai Hosts World’s Greenest Commercial Building
Home to the tallest, largest and other record-breaking facilities, Dubai has now risen to the zenith of green building standards.
Street-Works, Beal Cos. Bringing 3.5 MSF M-U Development to Quincy
Street Works Development and The Beal Cos. have teamed with the city of Quincy, Mass., on Merchants Row, the first major block of mixed-use development and pedestrian-friendly public space that is the first phase of the Quincy Center Master Development Plan.
Blackstone Provides Loan to Refi 59-Building Office Portfolio in Silicon Valley for $300M
The existing debt on a 59-building office/R&D portfolio totaling 2.4 million square feet in five Silicon Valley submarkets has been refinanced with a $300 million loan from Blackstone Mortgage Trust.
Apartment Property in the Bluff City Auctioned for $3.6M, Half of its Market Value
Several apartment transactions ran through the Greater Memphis Area multifamily market recently, though none have topped the $43.6 million sale price ringed in by the 500-unit Riverset recently
Ohio Investor Acquires Holly Springs Shopping Center for $11M
Aurora-based Optimus One LLC has recently purchased the SouthPark Village shopping center in Holly Springs. According to the Triangle Business Journal, SouthPark Village Investments I of Atlanta, which is led by Philip E. Stephens, sold the property for $11 million.