News
Reimagined DC Office Asset Debuts
Designed by OTJ Architects, Liberty Property Trust’s building now offers tenants an artsy lobby, café-style lounge, conference room, fitness center and bike storage.
Unity Health Relocates DC HQ
The health care company will occupy nearly 30,000 square feet of office space in WC Smith’s recently renovated building, following Alion Science & Technology’s departure.
Boston-Area Flex/R&D Complex Lands $21M Loan
Parsons Commercial Group has acquired the 330,000-square-foot Chiswick Park, for $27.5 million. Berkadia secured acquisition financing for the five-building office and industrial ensemble.
CBRE Arranges Sale of FL MOB
Located at 4800 North Federal Highway, the 13,851-square-foot property offers convenient access to Sample Road, E. Hillsboro Boulevard and S. Ocean Drive.
Economy Watch: Architects Still Busy in April
The American Institute of Architects’ Architecture Billings Index ticked up in April, reflecting a healthy business environment for architects and potentially developers.
Lynmark Group Breaks Ground on IL Shopping Center
The 100,000-square-foot Wheeling Town Center will be anchored by CMX Cinemas, City Work Eatery and Pour House, as well as Starbucks.
JV Buys Warehouse, Plans Office Revamp in Richmond
The 35,985-square-foot industrial asset is located in the Scott’s Addition neighborhood. The new ownership intends to reposition the asset as a creative office property, with extensive remodeling work planned for the next six months.
Coretrust Picks Up 640 KSF Pasadena Office Campus
The company paid $260 million for Corporate Center Pasadena and is set to invest more than $90 million to upgrade and reposition the four-building asset.
Black Equities Buys Houston Business Center
The company expanded its portfolio by a total 192,000 square feet of industrial space in Houston. The facility is within the 440-acre master-planned business center dubbed Interwood Business Park.
San Diego Office Property Trades for $18M
Constructed in 1989, the two-story, 61,227-square-foot building recently underwent renovations, which included upgrades to the lobbies, common areas and entryways.