Deals
DC Office Building Commands $157M
The Mount Vernon Triangle property was completed in 1973 and, following complete renovations in 2010, achieved LEED Platinum certification.
Bridge Investment Acquires $113M Chicago Tower
Downtown’s One North LaSalle is a 47-story office property consisting of 493,738 square feet. Over the past 10 years, the building has undergone more than $35 million in capital improvements.
RAF Pacifica Sells San Diego Industrial Portfolio for $170M
Cushman & Wakefield facilitated the deal, which included a dozen Class A assets totaling more than 1 million square feet.
TREIS Closes $43M FL Portfolio Sale
The properties included the Waterway Shoppes retail center, as well as the Heron Bay III and Heron Bay IV office buildings, all located in Coral Springs.
Amazon-Leased Distribution Center Commands $98M
The Koll Co. and Seera Investment Bank B.S.C. sold the 1 million-square-foot distribution center in Phoenix, two years after acquiring the property for $74.8 million.
Lionheart Capital Subsidiary Lands 734 KSF Ohio Retail Asset
Sears, Avita Health Systems, Macy’s, JCPenney, Victoria’s Secret and Chuck E. Cheese are among the tenants of the property. The buyer retained Madison Marquette to spearhead leasing efforts going forward.
Friedman Brings Automotive Company to MI Office Building
A team of brokers worked alongside Savills Studley to represent Harman Becker Automotive Systems Inc. in its 40,000-square-foot lease in suburban Detroit.
Coconut Grove Mixed-Use Lands Anchor Tenant
Kaufman Rossin agreed to lease nearly 65,000 square feet of office space at Mary Street, an adaptive reuse project under construction in Miami’s oldest neighborhood.
Cerner Leases 38 KSF at Tallest Tower in Metro DC
Last year, Nestlé USA also moved its headquarters to the 35-story, LEED Platinum-certified tower in Arlington’s Rosslyn neighborhood. Cerner will occupy the 14th and part of the 12th floors.
Knotel Expands NYC Flex Workspace Portfolio
In its latest expansion move in Manhattan, the custom office space provider has signed four new leases totaling 31,973 square feet.