Deals
WeWork Secures 3rd Maryland Location
The coworking company pre-leased 60,000 square feet at an upcoming development in Bethesda, which is slated for completion next summer.
Aviation Company Expands HQ at South Florida Business Park
International Aircraft Associates added more than 22,000 square feet to its current space at Miramar Park of Commerce, the 5 million-square-foot business complex in Broward County.
Cushman & Wakefield Brokers HQ Lease in Northern New Jersey
Executive Director Ben Brenner worked on behalf of tenant Fujitsu, while Broker MariaGrace Iantosca represented the owner of the newly repositioned 100,000-square-foot property.
Lennox International to Relocate Tampa Operations
The climate control solutions provider will occupy nearly 22,000 square feet at Sabal Park Distribution Center starting with October. The Dikman Co. facilitated the lease.
Jamestown Buys Levi’s San Francisco HQ for $820M
The investor scooped up the nine-building, 931,160-square-foot asset from Gerson Bakar & Associates in one of the city’s biggest-ever office deals. Eastdil Secured arranged the sale.
CVS Building in Connecticut Changes Hands for $30M
Midwood Investment & Development sold the retail property, which is triple-net leased to the pharmacy giant through 2038. The area is one of the most prestigious retail corridors on the east coast.
Carr Properties Takes Majority Stake in 1 MSF Boston Project
After initially dividing ownership equally with National Real Estate Advisors, the company has increased its stake in the asset to 75 percent.
Inland Empire Office Park Changes Hands
Buyer Olmax Corp. financed the acquisition of the 65,000-square-foot Class B asset with a $3 million loan from Citizens Business Bank.
BKM Capital Partners Hits Milestone With $111M Las Vegas Buy
The purchase of the 13-building industrial property marks the California firm’s largest to date. Pacific Business Center was 85 percent leased at the time of sale.
JLL to Double Raleigh-Durham Office Space
The company’s Carolinas division will relocate into a larger space early next year after inking a lease at an upcoming mixed-use development in the Triangle.