News
NAI Northern California Grows San Jose Office
Tod Rudee, who has almost 30 years of real estate experience, will serve as vice president. He previously held executive positions at CBRE, Colliers International and Premier Properties.
Mack-Cali to Sell Suburban Office/Flex Assets for $488M
The office and multifamily REIT plans to sell 56 properties in Westchester County, N.Y., and Fairfield County, Conn., to an affiliate of the Robert Martin Co.
Bellwether Secures Acquisition Loan for 2 LA Assets
Working on behalf of a private family firm, the mortgage banking company closed $62 million in financing for two former industrial buildings redeveloped for office use.
Rosenthal, PGIM Buy Richmond-Area Retail Portfolio for $125M
The companies have formed a joint venture to acquire the 745,000-square-foot collection of five grocery-anchored shopping centers from Marchetti Properties.
Data Centers Hit Record Absorption
Northern Virginia continues to outperform other data center markets, racking up more than half of all U.S. leasing in 2018, according to a new report from CBRE.
CBRE Adds New SVP in Austin
Marc Vanderslice has more than 18 years of commercial real estate experience in Austin. He will manage the company’s Office Occupier Services platform.
KBS Inks 196 KSF Lease Renewal in Baltimore
Morgan Stanley has been anchoring the 260,000-square-foot Thames Street Wharf since it was completed in 2010. The building is part of the 27-acre Harbor Point project.
Invesco Real Estate Buys $129M FL Industrial Portfolio
The deal includes approximately 1.9 million square feet of warehouse space spread across three buildings in Jacksonville’s Westside and Northside submarkets.
IHG Opens Kimpton in Scotland
Located in the UNESCO world heritage site of Edinburgh’s Georgian New Town, The Kimpton Hotels & Restaurants-branded property offers 184 guestrooms and 15 suites.
Gen-Z’s Impact on Workplace Design
HGA Architects’ Associate Vice President Melissa Jancourt shares what the next round of workers are looking for in office design and workplace culture.