Deals
Austin Market Update: Sales Activity Slow as Pipeline Shines
On top of the pandemic, Austin’s office market faced the challenge of a powerful snowstorm, which halted the metro’s impressive growth.
BlackRock Picks Up Amazon Warehouse on Long Island
The recently upgraded asset more than quadrupled its value since its last sale in 2019.
Downtown Austin Skyscraper Lands 50 KSF Tenant
The 36-story Indeed Tower is scheduled to open later this year a few blocks from the state capitol.
Top 5 Office Transactions in Los Angeles for 2020
These deals amounted to $1.2 billion and 38 percent of the metro’s total transaction volume, CommercialEdge data shows.
Drawbridge Secures First Tenant at Austin Development
Phase II of Uplands Corporate Center, located some 9 miles southwest of downtown, is slated to open in May.
San Francisco Market Update: Sales Still Slow by Bay Area Standards
Office investments added up to $178 million in February, marking a significant year-over-year drop, according to CommercialEdge.
Universal Technical Institute Leases 100 KSF in Austin
UTI, a major provider of training for transportation technicians, is opening its third educational campus in Texas.
TerraCap Pays $31M for Phoenix Industrial Asset
BKM Capital Partners sold the 225,400-square-foot property after nearly six years of ownership.
Blackstone Expands in Miami With $230M Office Buy
The pair of Class A buildings in the city center span a combined 330,000 square feet.
Patrinely Group JV Lands First Tenant at Denver Tower
The developer and its partner, USAA Real Estate, have signed the largest new downtown office lease of the past 12 months.