News
Downtown Charlotte Office Trades for $24M
Somerset Properties acquired the recently renovated 129 West Trade. The asset was 63 percent leased at the time of sale, housing a mix of notable tenants.
New Embassy Suites by Hilton Debuts in San Antonio
The new hotel is located in an area close to popular attractions such as an amusement park, golf course and multiple shopping centers.
Brookfield Sells Stake in NYC Portfolio for $1.4B
The company announced the sale of a 28 percent stake in its New York City core holdings, as well as plans to sell another 7 percent by early next year.
Slate Office REIT Snags Chicago Office Building for $156M
The Toronto-based company acquired the 23-story 120 S. LaSalle and also entered into an agreement to sell a group of Water Street properties in St. John’s, Newfoundland for $17.5 million.
Vista Investment Group Snags $28M San Diego Office Park
Built in 1981 and recently renovated, Seville Plaza encompasses more than 140,000 square feet. County of San Diego’s Health and Human Services division anchors the property.
A Closer Look at Detroit’s Office Market
James Becker, principal & managing director with Avison Young, shares his insight on the trends shaping the city’s office market and what makes young professionals choose Motor City over coastal tech hubs.
JLL Arranges $35M MOB Sale
MBRE Healthcare, a Chicago-based private owner and investor, purchased the Class A, 86,450-square-foot portfolio in the heart of Asheville, N.C.
The New 5-Star Hotel: Experiences, Tech, Color
Lisa Haude, president & founder of Paradigm Design Group, discusses how hotels are implementing the experiential amenities trend and the role of technology in offering an unforgettable stay.
Preferred Apartment Communities Buys NC Office Tower
The buyer completed the acquisition of Wells Fargo Capitol Center in Raleigh through its subsidiary, Preferred Office Properties. New York Life Insurance Co. provided the financing.
Admiral Capital Buys San Diego Office Building
The Balboa Executive Center comprises 120,992 square feet across five stories and last traded in 2015, when EQ Office purchased the building for $28.3 million.