News

Hartman Acquires Houston Energy Corridor Office

The REIT paid more than $5 million for the six-story property, which underwent cosmetic renovations under the previous ownership in 2013.

Is Amazon Re-Thinking Long Island City?

A report that Amazon might abandon plans for a 4 million-square-foot campus in Queens sparked heated responses from supporters and critics.

JV Plans New Office Building in Philly Sports Complex

Comcast Spectacor and The Cordish Cos. recently announced that they will build Pattison Place, a 200,000-square-foot premier asset adjacent to their Xfinity Live! mixed-use complex.

NorthMarq Names DC Managing Director

Jason Smith has been with the company since 2003. Prior to this, he has worked at Legg Mason Real Estate Services.

Sitex Group Acquires NJ Industrial Facility

A private investor sold the 100,000-square-foot Carlstadt property. The transaction marks the buyer’s third recent acquisition in the area.

Transwestern Adds New SVP in NJ

Robert Vicci brings more than 30 years of commercial real estate experience to this position. He will handle property management operations for the firm’s Northeast portfolio.

Mindful Capital Buys Industrial Asset Near Boca Raton

The company acquired a 48,000-square-foot warehouse in Deerfield Beach, Fla. A CBRE team secured the transaction on behalf of the seller.

Transwestern Names New Regional Presidents

Bruce Ford will lead the firm’s eastern operations, while Chip Clarke will be in charge of the commercial services business in the western U.S.

San Jose Office Asset Commands $63M

The Muller Co. teamed up with CIGNA Investment Management to purchase the 104,000-square-foot Century Plaza. Cushman & Wakefield negotiated the deal.

SPS Tower

Sumitomo Buys $144M Minneapolis Office Asset

With the acquisition of SPS Tower, a 655,000-square-foot property in the central business district, the company marks its debut in the city.