Investment
Champion, Long Wharf Sell 800 KSF Group of Suburban Dallas Office Buildings
Champion Partners and Long Wharf Real Estate Partners have sold an 800,000-square-foot group of Class A office buildings in Richardson, just outside of Dallas, to Spear Street Capital.
INTERNATIONAL: AMP, Billbergia Sell Landmark Site in Brisbane
AMP Capital Select Property Portfolio No.3 (SPP3) and Billbergia have agreed to sell part of the former Vision tower site in Brisbane’s CBD to the owner of Felicity Hotel Group, which plans to develop a five-star hotel on the property.
Shorenstein Grabs 4-Building Tech Campus in North San Jose for $100M
Shorenstein Properties has acquired four buildings in Champion Station from TMG Partners for a reported $100 million.
First Potomac Buys 11 Dupont Circle
First Potomac Realty Trust is adding to its Washington, D.C., office holdings with the purchase of 11 Dupont Circle, a nine-story, 155,713-square-foot mixed-use building.
CBRE Global Investors Fund Acquires 28-Story Boston Office Tower
A fund sponsored by CBRE Global Investors has acquired 100 High St., a 546,336-square-foot, 28-story office building with a 273-space, three-level, on-site subterranean parking garage situated in the heart of Boston’s Financial District.
Madison International Realty Ups Stake in Oslo Office Complex for $110M
Madison International Realty acquired an additional 59.5 percent interest in the Statoil office complex in Oslo, Norway.
INTERNATIONAL: Tanger Outlets to Open Newly Constructed 293 KSF Store in Ottawa
The new property is Tanger Outlets’ first ground-up construction in Canada.
Post Properties Exits NYC, Sells 2 M-F Assets for $270M
Post Properties Inc. has bid adieu to the Big Apple with the disposition of Post Luminaria and Post Toscana, two luxury apartment communities featuring an aggregate 337 units.
Ross Stores Buys 1372 Broadway from Starwood Capital
The off-price apparel retailer acquired the leasehold interest in the 572,000-square-foot office building in Midtown Manhattan.
Parkway Properties to Pay $475M for 22 Office Assets, Then Sell Most
The office REIT is under contract to buy a 2.1 million-square-foot portfolio of Class A assets spanning six Sunbelt states for $475 million.