News
Rockefeller Group, Mitsubishi Sell Boston Trophy Tower
TA Realty arranged the $418 million sale of 28 State St., a 479,000-square-foot office building in the city’s Financial District. According to published reports, Heitman Capital Management is the new owner.
Keystone Property to Build Philly Corporate HQ
SORA West, the transit-oriented development the company is developing in Conshohocken, Pa., is set to become the corporate headquarters of Fortune 500 company AmerisourceBergen.
Panattoni Breaks Ground on OC Industrial Facility
The company, in partnership with Principal Real Estate Investors, is set to develop a four-building property located on the border of Placentia and Anaheim, Calif.
Robertson Properties Grabs LA Retail Financing
The owner landed $21 million for the building comprising more than 50,000 square feet, which is fully leased to Ralphs grocery store.
CyrusOne Acquires 70-Acre Site for 2nd Phoenix Facility
The upcoming data center will eventually deliver up to 198 megawatts of critical IT power. The company’s campus will be located within the Mesa Elliot Technology Park, a 270-acre master-planned mixed-use project.
TerraCap Trades Orlando Office for $28M
When the company purchased the asset for $9.3 million in 2014, the building was 26 percent leased. Following a series of renovations, Keller Center has reached full occupancy.
FST Logistics Sells 2 Ohio Assets
The distribution and logistics facilities total more than 350,000 square feet. NAI Hiffman and NAI Ohio Equities represented the owner in the transaction.
The June digital issue of CPE is now available!
Now you can get trend and strategy insights two different ways: Leaf through the Commercial Property Executive digital digest for a quick read or click on individual articles below for an in-depth look at the topics that most interest you.
Economy Watch: Technology, Taxes to Significantly Impact Economy
The real estate executives Akerman interviewed were split almost equally behind two major elements they say will define the trajectory of U.S. commercial real estate over the next three years.
Inland Empire Warehouse Sells for $16M
Cushman & Wakefield has arranged the sale on behalf of the owner, Newcastle Partners. The asset, completed in 2017, offers easy access to Interstate 215.