Deals
Parallel Capital Sells 12-Property San Diego Portfolio
The 319,000-square-foot group of office and laboratory buildings will undergo a repositioning program to further accommodate the growing demand for life sciences space.
Douglas Development Buys $12M MD Office Property
Transwestern represented the seller in its disposition of 116 Defense Highway, an 81,931-square-foot building that was 70 percent leased at the time of sale.
Monday Properties Buys 206 KSF DC-Area Asset
The company purchased a 12-story office building in Arlington, Va., located within walking distance of the amenity-rich Shirlington Town Center.
TX Industrial Portfolio Commands $88M
Stos Partners and Washington Capital Management have teamed up on the acquisition of eight buildings comprising nearly 1.4 million square feet in the border city of Laredo.
Saban Capital Group Sells Charleston Courthouse
The new owner, Easterly Government Properties, paid $24 million for the asset and selected Cushman & Wakefield | Thalhimer to manage the building.
Gladstone Acquires $21M MI Industrial Portfolio
The two buildings comprise a total of nearly 220,000 square feet and are 100 percent leased. The properties were purchased through an UPREIT transaction.
JV Sells Seattle Office/Flex Park for $142M
SteelWave was both buyer and seller of the 17-building Canyon Park Business Center in Bothell, Wash., as joint ventures sat on each side of the table.
Carr Properties Acquires Boston Office Asset
The real estate investment trust has purchased 200 State St., a 300,000-square-foot downtown office building, from GLL Real Estate Partners.
Coworking Firm Expands San Antonio Lease
Venture X expanded its current Stone Oak location by 7,600 square feet in three phases, adding new lounge areas, conference rooms and private offices.
Pebblebrook Raises $1.8B for LaSalle Merger
Earlier in the year, LaSalle Hotel Properties had said yes to an all-cash offer from Blackstone, but the company later terminated the agreement in favor of the Pebblebrook bid.