Investment
Piedmont Sells DC Office Asset for $170M
The Class A, nine-story property’s tenant roster includes several government tenants. The previous owner renovated the building five years ago.
The Rise of Debt Funds
The number of debt funds and non-traditional lending sources has grown throughout this cycle. Is that a reflection of temporary market forces or have they become a permanently larger part of the commercial mortgage landscape?
Stockbridge Sells San Diego Office Asset for $39M
Cushman & Wakefield represented the seller in its disposition of Mesa View Plaza, a fully leased, five-story property in the suburb of Kearny Mesa.
CBRE Arranges NC Industrial Sale
Executive Vice Presidents Patrick Gildea and Randy Getz, Senior Associate Matt Smith and Senior Financial Analyst Grayson Hawkins represented the sellers.
Somerset Properties Trades Milwaukee Office Portfolio
The six assets, which contain nearly 400,000 square feet, sold for close to $38 million. The seller purchased the buildings in 2012 as part of a $195 million portfolio deal.
5 Questions Every Property Owner Should Ask This Tax Season
Two specialists from Anchin, Block & Anchin offer guidance on navigating the complex new rules created by the Tax Cuts and Jobs Act.
Decoding Denver’s Office Market
Bridge Investment Group Director of Acquisitions David McCleve shares his views on the consequences of intense construction activity on the metro’s office market and highlights the submarkets where there’s room for rent growth in 2019.
NorCal Hilton Hotel Sells for $50M
Ashford Hospitality Trust is the new owner of the 178-key property in Santa Cruz. Acquisition financing included a non-recourse mortgage loan of roughly $25.3 million.
FRP Acquires Baltimore-Area Industrial Park
The company intends to perform capital improvements on the 270,000-square-foot Cranberry Run Business Park in Aberdeen, Md. The $6.3 million purchase is part of the firm’s new development strategy.
Pinnacle Brokers CO Retail Asset Sale
The company facilitated the $1 million acquisition of a single-tenant, net-leased property located in a King Soopers-anchored shopping center in Westminster.