Investment
San Jose Office Tower Lands $200M
NKF Capital Markets arranged the acquisition financing on behalf of Lane Partners for HQ@first, a 603,666-square-foot, three-property creative office tower.
M&T Bank Sells Pair of NJ Office Assets
The assets total 92,000 square feet and previously changed hands when M&T Bank purchased them through the acquisition of Hudson City Savings Bank in 2015.
Microsoft’s New SV Campus Aims for Maximum Green
The major facility now under construction could be the first tech campus to achieve net zero, non-potable water use. Moreover, the buildings will be designed to meet LEED Platinum certification and will feature solar panels, a “living” roof and more.
Refi Replay: A Buyer’s Market Looms for 2018
If you liked refinancing in 2017, you’ll probably love 2018. Next year is likely to feature low interest rates, generous interest-only periods and compressed spreads.
EPP Invests $818M in Polish Shopping Center Portfolio
The M1 portfolio encompasses 12 retail assets totaling 4.8 million square feet across 620 stores. The properties are all single level, fully-leased and grocery-anchored.
Griffin Capital Acquires $130M SC Office Campus
The company purchased LPL Financial Carolinas Corporate Campus, located in Fort Mill. This property is one of LPL’s major national offices and the largest by headcount and square footage.
Single-Tenant Medical Sector Stays Hot
The single-tenant net lease medical sector continues to attract investors due to its attractive long-term outlook, notes The Boulder Group President Randy Blankstein.
Brookfield Pays $875M for Houston Center
With the assistance of HFF, J.P. Morgan Asset Management sold the 4.2 million-square-foot office and retail complex in downtown Houston, in one of the cities largest-ever office transactions.
Portland Office Tower Commands $68M
NKF Capital Markets represented Felton Properties in the sale of 400 Sixth Avenue. A joint venture between SteelWave and Barings Real Estate Advisers purchased the 208,477-square-foot asset.
Drivers of Investment Success for 2018
The commercial real estate industry has had an evolving year. From sustainability and increases in interest rates to the effects of a changing administration, the market has experienced a mix of positive and negative moments.