News
EverWest Snags $43M San Diego Office Asset
Cushman & Wakefield Capital Markets represented the seller, an affiliate of Cruzan, in its disposition of DMcp, a 74,402-square-foot creative office property that recently underwent $4.4 million in renovations.
TH Real Estate Sells Stake in Boston Tower for $210M
The investment manager sold a 49.9 percent interest in 501 Boylston St., a 610,000-square-foot office and retail property, to Norges Bank Real Estate Management.
Top 10 Office Transactions in the Southern US
More than 30 assets totaling 4.7 million square feet changed hands this year for an average of $131 per square foot. Investment activity was concentrated in Nashville, while Birmingham continues its descending trend.
Parmenter Realty Sells Buckhead Tower in Atlanta
A new owner has emerged for the 348,000-square-foot Class A property. HFF brokered the transaction, representing the seller and arranging acquisition financing for the buyer through MetLife Real Estate.
Single-Tenant Retail Building Trades in Cleveland
The 7,489-square-foot property located at 3040 Fulton Road was leased to Dollar General at the time of transaction.
JLL to Lease, Manage 236 KSF Tampa Complex
Center Point Business Park is a six-building, flex/light-industrial facility that California-based Birtcher Anderson Realty recently purchased for almost $20 million.
EdgeConneX Adds 2nd Data Center in Atlanta
The company’s typical EDC deployment features between 5,000 and 10,000 square feet of raised floor space. The second facility will be connected to the first via a dark fiber network.
INAP, Digital Crossroads Break Ground on IN Data Center
The project will sit on a 77-acre lot, formerly housing a power plant. Developers will take advantage of the existing infrastructure, while investment into the data center is expected to reach $200 million.
Iterum Therapeutics Relocates Chicago HQ
The company worked with an NKF team of brokers to find a larger space for its growing team and decided on a new office located in the iconic 200 South Wacker tower.
Globe Corp. Adds Tenant to Cantera Development in IL
Broadband provider WOW! leased nearly 40,000 square feet at one of the buildings part of the mixed-use Warrenville business center.