News
Miami Office Building Trades for $14M
Key International sold the 11-story Class A asset located near the Health District. Institutional Property Advisors negotiated the deal on behalf of the seller.
Self Storage Rents Continue Slow Decline
A new wave of completed projects and oversupplied markets put pressure on rents, which have dropped 1.7 percent on a national level.
Greenfield Partners Sells 297 KSF Baltimore Office Portfolio
Newmark Knight Frank worked on behalf of the company to secure North Park Ventures as a buyer for the three-building North Park complex in Cockeysville, Md.
Holloway Lodging Buys 3 Vacant Houston Office Buildings
The assets changed hands for a combined $13.2 million. BH Properties sold two buildings totaling some 235,000 square feet, while Stream Realty Partners traded a 198,000-square-foot property.
FPL Begins Construction on 745MW Solar Projects
The 10 74.5-megawatt solar developments will increase the utility provider’s installed capacity by 60 percent and boost the company’s total solar capacity to 2 gigawatts.
Beacon Capital Makes $600M Sale-Leaseback Deal
An affiliate will buy the San Francisco headquarters of Zynga, the online gaming company, which will then lease about one-quarter of the Class A property.
NYC Asset Lands $900M Refinancing
Stellar Management secured the financing for One Soho Square, a Class A office and retail asset in Manhattan the company purchased in 2012.
How Fighting Climate Change Can Increase Profits
Carbon Lighthouse CEO Brenden Millstein shares insights on efficient operations and what will power the energy sector in the years to come.
Easterly Government Properties Buys FBI’s New Orleans Office
The 137,679-square-foot building, which houses the government agency’s field office in New Orleans, was built for the FBI 20 years ago.
Trammell Crow Signs Law Firm for California Office Project
Rutan & Tucker will move into The Boardwalk, a 550,000-square-foot Class A project that the company owns in Irvine, Calif.