News
Prop C’s Impact on San Francisco Rents
Jamie Mahoney of Transwestern discusses the potential effects of the newly adopted Proposition C on the city’s office market, following the June elections. While many fear rent hikes, there are other factors to be considered.
Top 10 Largest Office Buildings in the Pacific Northwest
The region is home to the corporate headquarters of many tech giants, including Amazon and Microsoft, with the market’s premier office space characterized by highly amenitized campuses.
Skanska Inks Additional $74M Contract for Nashville Mega-Project
The construction company will expand its work on Fifth + Broadway, the $430 million mixed-use development sponsored by a joint venture of OliverMcMillan and Spectrum | Emery.
Novotel’s 500th Hotel Opens in Seoul
Located in the heart of the city’s shopping district, the Ambassador Seoul Dongdaemun also marks the brand’s first mixed-use flagship development that offers both hotel and residential space.
Apple Hospitality Snaps Up Hampton Inn & Suites in Atlanta
With the acquisition of the 132-key property at 4565 Ashford Dunwoody Road, the REIT now owns three hotels in the city.
TA Realty Sells $35M Miami Office Campus
Cushman & Wakefield represented the seller in the transaction and arranged a low-interest, non-recourse loan in acquisition financing on behalf of the buyer.
Hill Properties Sells San Diego-Area Facilities
JLL’s Sach Kirpalani, Bob Prendergast and Lynn LaChapelle represented the seller, which bought the assets in a nine-building portfolio deal in 2017.
Franklin Street Closes 4 Atlanta Leases
The transactions total 82,000 square feet and involved space at One Overton Park, a Class A office building located in the Galleria submarket.
Kidder Mathews Hires New Orange County SVPs
Michael Dorsey and Stephen Madigan both worked with Coldwell Banker Commercial Advisors before joining the company. The team will be responsible for office sales and leasing transactions.
CBRE Brokers $11M CA Industrial Sale
A local investor acquired the 4.9-acre site that features a mix of industrial and office space. The brokerage company represented both the seller and buyer in the transaction.