Deals
Serendipity Labs Opens 2nd WI Location
The coworking space operator selected an eight-story, 360,090-square-foot office building in Middleton as the setting of its seventh Midwest location.
NJ Industrial Building Commands $9M
Black Creek Group expanded its portfolio in the region through the acquisition of a 76,220-square-foot warehouse and distribution facility in Hamilton. HFF represented the seller.
Harbor Buys Suburban L.A. Office Park for $48M
The 213,500-square-foot Encino Office Park in Encino takes the company one step closer toward its goal of acquiring $250 million in suburban Southern California properties over the next 12 months.
WeWork Leases 47 KSF in Midtown Manhattan
The coworking giant is adding to its flexible office empire in its home base of Manhattan, where it is now the largest private office tenant.
San Diego Business Park Trades for $28M
Brookwood Financial Partners bought the three-building office campus in 2013 and boosted occupancy before selling it to Fenway Capital Advisors and Waterfall Asset Management.
CBRE Facilitates NC Office Building Sale
Executive Vice President Ben Kilgore, Financial Analyst Chandler Hawkins and Senior Marketing Specialist Leslie Holmes spearheaded the transaction on behalf of the seller, Albany Road Real Estate Partners.
HBO Picks $350M Culver City Project for New HQ
The cable network will relocate its corporate home from Santa Monica to Ivy Station, a transit-oriented development in the West Los Angeles area.
Bank of Montreal Unit Takes 215 KSF at Durst Tower
The real estate owner signed financial services provider BMO Capital Markets to a 15-year lease at its One Five One office property in Midtown.
South FL Industrial Properties Ink 90 KSF in Leases
Sonny’s Enterprises and MRC Express Inc. have expanded, renewed and signed new lease transactions totaling 89,520 square feet in Broward County. Avison Young negotiated both leases on behalf of the tenants.
Silicon Valley Hilton Hotel Sells for $59M
Somera Capital Management and Tyler Development Corp. picked up the 169-key property at The Pruneyard, a 27-acre mixed-use development in Campbell, Calif.