Deals
BAC Florida Bank Relocates HQ to Coral Gables Development
Working on behalf of the bank, NKF negotiated the 63,000-square-foot lease at the mixed-use development underway in the city’s central business district.
Stanton Road Capital Acquires Chicago Office Tower
The 22-story property at 200 S. Michigan Ave. in the city’s East Loop is also known as the Borg-Warner Building.
Miami Tower Changes Hands in $126M Deal
A RREEF Property Trust fund sold 800 Brickell after almost five years of ownership. The office asset also includes 30,800 square feet of retail and an adjacent nine-story parking facility.
CommonGrounds Makes 1st Philadelphia Foray
The flexible office startup inked a 62,461-square-foot lease across two floors in a Center City office tower, as part of a nationwide growth spree. Shorenstein Properties owns the building.
Top 5 Sacramento Office Transactions
More than 2 million square feet of space changed hands in the metro year-to-date through June for a combined $447.4 million, according to Yardi Matrix data.
Metro Storage Pays $13M for Nashville-Area Facility
The firm has expanded its portfolio with the acquisition of a storage property located in Franklin, Tenn. The asset includes 523 climate- and 39 non-climate-controlled units.
Metro Storage Expands Florida Holdings
The company acquired a 641-unit self storage facility located roughly 7 miles from Orlando’s downtown.
Lee & Associates Facilitates Orange County Retail Sale
The asset traded for one of the highest per-square-foot prices for a retail center in the city, according to Principal Cory Stehr.
Vi Leases Space in Willis Tower
The retirement community developer-operator will take the entire 84th floor of EQ Office’s iconic downtown Chicago property.
KBS Unit Sells $1.2B Office Portfolio
The sale of 11 Class A properties still leaves KBS Real Estate Investment Trust III Inc. with 20 assets valued at more than $3 billion.