Deals

2703 Telecom Parkway

JV Buys 121 KSF Suburban Dallas Office Building

Pillar Commercial teamed up with Ascent Real Estate Advisors to acquire a Richardson property leased to Hill & Wilkinson, XPS Solutions and Bestway.

Gerry Hughes, Jason Sibthorpe, Mark Rose, Andy Mottram

Avison Young Completes Merger With GVA

The newly expanded firm consists of more than 5,000 professionals and 120 offices in 20 countries.

KS Partners Buys Boston Office Asset for $30M

Brickpoint Properties sold a roughly 82,000-square-foot building in the Downtown Crossing neighborhood, after owning it for more than 40 years.

Bridge Development Buys Industrial Facility for $68M

Lee & Associates facilitated the sale of a 261,528-square-foot industrial asset located in Los Angeles, near the city’s downtown. The firm represented both the seller and the buyer in the deal.

Rubenstein Partners Grows Presence in MD

Boston Properties received $22.7 million for The Preserve at Tower Oaks in Rockville. The owner will be soon add a new tenant lounge, a café and a fitness facility.

NKF Inks 4 Leases at Converted Stamford Building

The team of Tim Rorick and Jack McDermott facilitated the deal on behalf of the landlord, ClearRock Properties and Juster Properties.

Fairfield by Marriott Coming to Japan

A subsidiary of Pacifica Capital K.K. has partnered with Marriott International to open a 300-key hotel in Osaka. The 14-story property is scheduled for completion in 2020.

NorthWest to Buy $900M Hospital Portfolio in Australia

In a sale-leaseback transaction with Healthscope Ltd., the Toronto-based REIT will acquire 11 properties located in Melbourne, Sydney and Brisbane.

Former NJ Ballantine Brewery Commands $61M

A Turnbridge Equities joint venture acquired the 1.1 million-square-foot building in Newark. The property is also located in an Opportunity Zone.

Oxford Cos. Adds 3 New Tenants to Ann Arbor Asset

After leasing 150,000 square feet of office space, the company increased the building’s occupancy from 38 to 96 percent.