Business Specialties
Transactions: November 2023
A coast-to-coast roundup of noteworthy office and industrial deals.
Interest Rates Hold Steady for Now
Much progress has been made toward reducing inflation, but don’t rule out another rate hike in the near future.
Shea Properties Sells Los Angeles Industrial Property
Colliers represented the seller, while JLL assisted the buyer in securing acquisition financing.
Piedmont Secures Lease at Atlanta Office Campus
The deal brought Atlanta Galleria Office Park to 90 percent occupancy.
Toyota Boosts EV Battery Plant Investment to $14B
An $8 billion capital infusion will expand the company’s campus in North Carolina.
DC BLOX Breaks Ground on $1.2B Atlanta Data Center
Project River will be directly connected to the company’s 500-mile dark fiber in Myrtle Beach, S.C.
Mirae, Transwestern Sell DFW Campus
The mixed-use CityLine portfolio previously changed hands for $825 million.
SITE Centers to Launch Spin-Off REIT
Curbline Properties Corp. will focus exclusively on convenience assets.
Vero Capital to Launch $29M Revamp at Phoenix Office Campus
Stream Realty Partners will handle leasing and management at the 410,000-square-foot property.
US Bancorp Renews 447 KSF Minneapolis Lease
The property has served as the bank’s global headquarters since its opening in 2000.