News
South FL State Agencies Ink 19 KSF Leases
The Florida Department of Corrections and the Florida Department of Children and Families are the newest tenants at Lauderdale Marketplace in Lauderdale Lakes. Berger Commercial Realty/CORFAC International arranged both leases.
Piedmont Sells DC Office Asset for $170M
The Class A, nine-story property’s tenant roster includes several government tenants. The previous owner renovated the building five years ago.
Rosewood Miramar Beach Opens Near Santa Barbara
The 161-key Montecito property is the first ultra-luxury resort in Southern California to feature guestrooms set directly over the sand, according to developer Caruso.
Liberty Property Trust Sells DC Asset for $62M
Cushman & Wakefield facilitated the sale of a 147,000-square-foot, 12-story office property. The building recently underwent renovations that yielded a new lobby, conference room and fitness center.
Midtown Manhattan Office Reaches Full Occupancy
The Domestic and Foreign Mission Society of the Protestant Episcopal Church owns the 11-story building, now the home of H&D Physical & Occupational Therapy.
NJ Logistics Properties Land $52M Financing
The loan comprises a senior mortgage and a line of credit, which will pay off existing debt and facilitate the acquisition of equipment and the construction of an additional warehouse.
Stockbridge Sells San Diego Office Asset for $39M
Cushman & Wakefield represented the seller in its disposition of Mesa View Plaza, a fully leased, five-story property in the suburb of Kearny Mesa.
Downtown Brooklyn Office Gets $152M Refi
PCCP LLC has funded a senior loan for the recapitalization of a vintage Class A creative office property. The funding will also assist the owners with lease-up efforts.
CEMEX Headquarters in Houston Earns LEED Gold
About 20 percent of materials are recycled and water consumption was reduced by one-third with the use of efficient fixtures.