Deals
Meridian Buys Orange County Office Building
The firm paid more than $20 million for the property and will invest another $5 million in capital improvements.
Drawbridge Realty Buys Orange County Portfolio for $71M
The company has purchased a total of 169,315 square feet of office space in Aliso Viejo, Calif.
Lee & Associates Closes $11M Simi Valley Sale
The R&D facility traded at one of the highest per-square-foot prices for the product class in the region.
JV Sheds Philly-Area Office Asset
Taconic Capital and Cohen Equities sold the 165,000-square-foot property in King of Prussia, Pa., which sits close to the country’s largest mall.
Pebb Capital Buys Historic Delray Beach Property
The $40 million transaction includes a proposed mixed-use development dubbed Sundy Village, which is part of a Qualified Opportunity Zone.
Lincoln Property Co. Launches Atlanta Industrial Projects
The firm is building a pair of spec projects amid the metro’s robust fundamentals and record construction pipeline.
Knotel Inks Another Manhattan Lease
The flexible office firm will occupy three floors at Moinian Group’s 217,534-square-foot office in the Gramercy Park submarket.
South Florida Shopping Center Sells for $18M
The 262,632-square-foot retail asset is 8 miles southwest of downtown Palm Bay. Institutional Property Advisors represented the seller and procured the buyer in the deal.
Kilroy Lands Major Tenant for San Francisco-Area Project
Startup firm Stripe plans to move its headquarters to the 656,000-square-foot Kilroy Oyster Point project in South San Francisco.
CENTRL to Open Sacramento Shared Space
The coworking company is set to open around 30,000 square feet of space in the heart of Sacramento by early 2020.