Investment
BH Properties Buys Orange County Office Campus
The two-building property is located in the Irvine Business Complex.
Cubic to Open New $100M San Diego HQ
Cisterra Development built the 250,000-square-foot campus, which will accommodate the defense and transit contractor’s 1,500 employees.
Ascentris, Cypress Complete Strategic Denver Office Buy
The joint venture acquired a nearly fully leased suburban asset located in the metro’s Creative Corridor.
Gray Lists Opportunities, Strategies During DLA Piper Summit
Jonathan Gray offered his insights on the real estate sector and the national economy while reflecting on the decisions behind his success building The Blackstone Group’s real estate practice and then heading the firm overall.
Equity Commonwealth to Pay $3.4B for Monmouth
The deal is set to close in the second half of 2021, almost a year after Blackwells attempted to acquire the public equity REIT for $3.8 billion.
Top 5 Industrial Transactions
Of the more than $8 billion in industrial deals closed in the first three months of the year, the largest were concentrated around gateway markets, CommercialEdge data shows.
TA Realty to Build $1.8B DC-Area Data Center Campus
The facility will include upward of 1.5 million square feet in one of the world’s fastest-growing data center markets.
Can CRE Investment Rebound in H2?
Sales volume is expected to increase by 15 percent to 20 percent globally in 2021, according to CBRE’s latest forecast.
Pacific Industrial Pays $42M for Los Angeles Asset
The property includes several buildings totaling nearly 180,000 square feet leased to a single tenant.
Top 5 Office Transactions in Florida
Office deals in the first quarter of 2021 amounted to $985 million, accounting for 67 percent of the state’s total transaction volume, based on CommercialEdge data.