News
Lincoln Property Co. Tops Out AZ Office Asset
The property is the second of eight planned buildings at The Grand at Papago Park Center in Tempe, which will house 1.8 million square feet of office space.
TerraCap Acquires Orlando-Area Office Asset
The buyer paid nearly $14 million for 850 Trafalgar, a multi-tenant property situated within the 6 million-square-foot Maitland Center. NXT Capital arranged acquisition financing.
FBI Building in Denver Sells for $73M
USAA Realty purchased the 175,000-square-foot Class A office asset in the city’s Stapleton neighborhood from 90 North Real Estate Partners, in a deal brokered by JLL.
Executive Q&A: Fed Policies to Push Cycle Further
Penn Mutual Asset Management CIO Mark Heppenstall provides insights into the effects of the recent twist in Fed policies and the return of high-quality bonds.
Women’s Coworking, Community Space Opens 4th Manhattan Site
The Wing’s 12,252-square-foot, full-floor lease at the former Engineering Societies Building in Midtown Manhattan is the company’s fourth New York City location.
Saban Sells, Buys $600M in Office Assets
The investment firm sold a 1.5 million-square-foot national portfolio and, as part of its strategy to acquire government-occupied properties, purchased a 340,000-square-foot building in Washington, D.C.
Lincoln Property, Angelo Gordon Acquire SoCal Office Portfolio
The collection of six Class B properties totals nearly 400,000 square feet and comprises assets in four Orange County, Calif., communities.
FedEx Unveils Autonomous Delivery Robot
Developed in collaboration with DEKA Development and Research Corp., the product is designed to help retailers make same-day and last-mile deliveries to their customers.
Port Covington’s Impact on the Baltimore Office Market
Weller Development President Marc Weller contends that strategically located projects can attract new businesses and bolster leasing activity, despite Baltimore’s recent oversupply struggles. He also shares future plans for the 235-acre megadevelopment.
Wheelock Street Capital Pays $112M for Nashville Office
SunTrust Bank provided the buyer of the recently renovated, nearly 436,000-square-foot Class A high-rise with roughly $72 million in acquisition financing.