Deals
Brookfield Pockets $128M for Brooklyn Office Condo
The deal marks the largest office transaction in the borough since the onset of the pandemic.
Hyundai Pays $70M for Creative LA Office Building
The property is the largest office asset in its submarket to change hands this year
Dallas-Fort Worth Market Update: More Square Footage Traded
Office sales across the Metroplex saw a 368 percent rise year-over-year in June, according to CommercialEdge.
NYC Market Update: Manhattan Office Sales Prices Inflate
In the first half of 2021, the average sales price per square foot in Manhattan was up 61 percent year-over-year.
Austin Market Update: Office Transaction Volume Expands
Investment sales reached $969 million in the first half, according to CommercialEdge.
George Oliver Pockets $57M for Experiential Office Asset
The property sold for $312 per square foot, setting a record for its Phoenix submarket.
CBRE Global Investors Closes $2.3B Fund
This is the company’s largest such value-add vehicle to date.
Miami Market Update: Investment Volume Goes Through Roof
The metro’s office market has seen a 223 percent increase in transaction volume in the first half of 2021, CommercialEdge reports.
Blackstone Buys WPT Industrial REIT for $3.2B
The all-cash transaction will allow Blackstone Real Estate Income Trust Inc. to enhance its U.S. logistics footprint.
CLOSED: 2021 Executive of the Year Awards Nominations
Commercial Property Executive is putting together the ballot for this year’s Executive of the Year awards, and we want your input. The deadline to submit is August 18!