News
San Diego Life Sciences Portfolio Lands $71M Loan
HFF facilitated the five-year floating-rate financing, which will be used to transform two Sorrento Mesa buildings into Class A lab space.
Fed Hikes Interest Rates for Fourth Time in 2018
The Federal Reserve Bank raised its benchmark interest rate a quarter percentage point and signaled fewer hikes in 2019, in a move not unexpected by the CRE community.
Missner Group Delivers Chicago Industrial Facility
The company partnered with Timber Hill Group to complete the Chaddick Industrial Center in the Northeast Cook County submarket. Cushman & Wakefield represented ownership.
Twenty Lake Holdings Purchases Foreclosed Office Assets in VA
The seller, Massachusetts Mutual Life Insurance Co., came into possession of the Class A WillowWood III and IV in March 2016.
Inland Empire Office Changes Hands
CIP Real Estate traded the building, which contains more than 70,000 square feet of Class A space, for upwards of $20 million.
Executive Spotlight: Eugene Lee, Knotel
Eugene Lee sheds light on company strategy and details his return to the private sector from senior government positions.
Thor Equities Sells Retail Space in Downtown Chicago
The buyer, Jenel Management Corp., paid $26 million for the two-story shopping center which is currently leased to Verizon, T-Mobile and Blick Art Materials.
Goldman Sachs JV Pays $83M for Orange County Office Campus
The five-building property—encompassing more than 300,000 square feet of Class A office space—last changed ownership in late 2005 for $68 million.
Lincoln Property JV Acquires San Francisco-Area MOB
LPC West and Angelo Gordon teamed up to purchase a medical office building in Burlingame, Calif., that has more than 100,000 square feet.
Plymouth Industrial Closes Stock Sale, $97M Portfolio Purchase
The REIT sold $75 million worth of shares to Madison International Realty and used a portion of the proceeds to acquire a 1.1 million-square-foot group of assets in Jacksonville, Fla.