Investment
Premier Realty Nabs San Diego Office
Fenway Properties bagged $16.3 million for Wateridge Pavilion. Premier Realty Holdings Inc. plans to occupy space at the 62,427-square-foot purchased asset.
Baltimore LEED Gold Certified Asset Changes Ownership
The buyer already owns more than 3 million square feet of space located across the state of Maryland, with some 825,000 square feet concentrated within the Towson/Timonium submarket of Baltimore County.
HFF Closes Sale, Secures Financing for Austin Office Asset
The 251,143-square-foot building is situated along the Loop 360 corridor, within walking distance from San Clemente at Davenport and Davenport Village shopping centers.
Meridian, Rockefeller Partner on DC-Area Office Tower
In a new joint venture, the partners will co-develop The Boro, a trophy office building at Meridian’s $825 million mixed-use project in Tysons, Va.
CIM Buys Brooklyn Office Building in $171M Deal
The sale is expected to close in the fourth quarter of 2017. Though barely in the top 10 tallest buildings in Brooklyn, 16 Court St. is reportedly the borough’s tallest commercial office property.
Top Financiers on What Keeps Them Up at Night
Despite transactional and political uncertainty in the first half of 2017, the commercial real estate capital markets held strong, with plenty of capital and solid lending competition creating a robust financing environment for borrowers across all sectors.
Faris Lee Arranges Inland Empire Retail Sale
Fontana Southridge Partners LP purchased Southridge Plaza, a 119,359-square-foot retail center in Fontana, Calif., anchored by Rio Ranch Market.
NC Charter School Commands $9M
The deal marks Charter School Capital’s first acquisition in the state. The company plans to expand the facility to accommodate the school’s further growth.
How Does the Live/Work/Play Shift Impact Office Trends?
So-called “urban-suburban” submarkets that offer mixed-use developments are in the best position to capture demand from occupiers and investors looking to leave CBDs, according to the latest CBRE market report.
Unearthing Alpha: Where Are the Next Opportunities?
The job market continues to be the most telling gauge of commercial real estate performance, fueling demand for all property types.