Investment
KBS Picks Up South Carolina Office Tower
CBRE’s team of Patrick Gildea, Matt Smith, Justin Parsonnet, Martin Moore and Aaron Dupree worked on behalf of the seller in the transaction. The asset was 98 percent leased at the time of the sale.
Insite Pays $28M for Houston Office Asset
The 160,407-square-foot office property was completed by KDC in 2006 as the third in a series of speculative office buildings located in Tampa, Atlanta and Houston.
NKF Closes Sale of 15-Story East Bay Office Asset
Situated in a prime transit-oriented location, the Class A tower is located in a rapidly transforming submarket, adjacent to the Concord BART station.
Blackstone Buys Majority Stake in Massive Portfolio
The $35.2 billion worth of real estate properties and loans will be transferred to a new company that will be co-owned by the New York City-based firm and Banco Popular.
Texas Nursing Facilities Land $28M in Financing
The loan secured by Hunt Mortgage Group through the HUD LEAN program will be used to refinance eight skilled nursing facilities located in Texas.
NoVA Distribution Facility Lands $18M in Financing
The 487,897-square-foot asset is fully leased to CVS Caremark Corp. and consists of three buildings: a main building housing a warehouse and offices, an aerosol storage facility and a truck repair facility.
London Mixed-Use Building Commands $237M
Tishman Speyer sold 100 New Oxford St., an office and retail building totaling more than 106,000 square feet, to a joint venture between Thor Equities and AEW.
Toyota, Mazda Alliance to Yield $1.6B North America Plant
The two car giants’ new agreement calls for the joint development of a manufacturing facility that would begin producing vehicles in the U.S. in 2021.
HSA, USAA Buy 46 KSF MOB
Colliers represented the seller of the Class A building—anchored by North Clinic—in Plymouth, Minn. The commercial real estate services firm will also spearhead leasing efforts.
2017 Executive of the Year Awards Nominations
Commercial Property Executive is putting together the ballot for this year’s Executive of the Year awards, and we want your input!