Deals
Sealy & Co. Acquires 164KSF Business Park in Dallas
The four-building business park offers 819 parking spaces and is 65 percent leased to seven well-established tenants.
Vornado Disposes of Skyline Properties in Virginia
The transaction continues the REIT’s strategy of selling off its lower-performing Washington, D.C.-area properties.
Hines Cashes Out Nicely on Seattle Data Center
Hines Global REIT sold KOMO Plaza for about $276 million to a San Francisco-based buyer.
CPPIB Pockets $1B on Sale of NYC Office Stake
The Toronto-based pension fund sold its share of the 50-story skyscraper to a global institutional investor in a deal valuing the asset at $2.3 billion.
Grover Corlew Nabs 46-Acre Office Park in Booming Orlando
The new owner plans to improve and redevelop the 21-building property over the next decade.
C&W Negotiates $21M Medical Complex Sale
The buildings situated on 7 acres of land feature a strong tenant base, modern interior finishes and ample parking.
Meridian Group Sells Tysons Tech Center for $96M
The campus features a 199,560-square-foot office and data center and an additional 79,890-square-foot office building.
Japanese Owner Emerges for Google-Anchored Hercules Campus in LA
The tech giant plans to break ground on an adaptive reuse project that will transform a historic airplane hangar into office space.
NGKF Sells $80M Miami Office HQ
The 110,000 square feet of office space are currently leased to LNR Partners.
New Owner, New Name for Travaasa Austin Resort
A wellness resort operator has big plans for a 220-acre spa complex in Austin.