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HFZ Starts Work on 600 KSF Manhattan Tower
The developer appears to be moving ahead with 29th & 5th, a 551-foot-tall project designed by Bjarke Ingels Group. Excavators and pile drivers are in use near the Empire State Building.
KBS Sells South Florida Office Asset for $72M
Financial Center at the Gardens, a 10-story Class A building, is reportedly almost fully occupied. The asset last traded in 2015.
Federal Realty Tops Out New Maryland Corporate HQ
The 200,000-square-foot 909 Rose will feature office space along with ground-floor retail, located in the Pike & Rose transit-oriented neighborhood of North Bethesda.
Coworking Firm Takes Full Floor at $1.5B Dallas Mixed-Use
Venture X preleased 30,000 square feet at Offices at The Realm, the first commercial building at Bright Realty’s The Realm at Castle Hills development in Lewisville, Texas.
Transwestern Sells 123 KSF Texas Office
The University of North Texas System purchased the Class A building. The former owner had acquired it in 2015, following a full renovation.
Stanton Road Capital Acquires Chicago Office Tower
The 22-story property at 200 S. Michigan Ave. in the city’s East Loop is also known as the Borg-Warner Building.
Miami Tower Changes Hands in $126M Deal
A RREEF Property Trust fund sold 800 Brickell after almost five years of ownership. The office asset also includes 30,800 square feet of retail and an adjacent nine-story parking facility.
Top 5 Sacramento Office Transactions
More than 2 million square feet of space changed hands in the metro year-to-date through June for a combined $447.4 million, according to Yardi Matrix data.
KBS Unit Sells $1.2B Office Portfolio
The sale of 11 Class A properties still leaves KBS Real Estate Investment Trust III Inc. with 20 assets valued at more than $3 billion.
Centuria to Buy $89M Australian Office Gem, Start New Fund
The Sydney-based investment manager will acquire 80 Flinders St., a 130,800-square-foot property in Adelaide, from a Lendlease Australian affiliate and use the transaction to launch a new fund.