News
Austin Office Development Nearing Full Occupancy
Third + Shoal broke ground in 2016 and is scheduled for completion in the third quarter of 2018. The project is more than 90 percent preleased to a mix of notable tenants.
Charleston Office Asset Changes Management
Cushman & Wakefield | Thalhimer was selected to handle property management for the 90,000-square-foot office building which is fully occupied by the U.S. government and Sharing Hope SC.
USAA, Lowe Snag VA Office Complex
Park Center in Alexandria comprises three adjacent buildings totaling 566,000 square feet. HFF represented the seller and arranged financing for the transaction.
C&W to Lease Recently Sold WPB Office Park
The new owner selected the team of Anthony Librizzi, Merritt Etner and Mark Pateman to market The Forum and revealed plans to upgrade the property.
NJ Trophy Office Asset Commands $27M
Intercontinental Real Estate Corp. and Ivy Realty have disposed of Morris Corporate Center IV, a two-building office property in Parsippany, N.J.
Lincoln to Lease, Manage Suburban Atlanta Office Park
The new owners retained the team of Michael Howell, Hunter Henritze and Caroline Cole to lead marketing efforts at Great Oaks Center.
San Diego Park Breaks Baseball’s Solar Record
The San Diego Padres are going solar with the installation of a 336,520-watt Sullivan Solar Power system at Petco Park. Work is scheduled to be completed by March, prior to opening day.
Wyndham to Buy La Quinta for $2B
The transaction will expand Wyndham’s hotel portfolio to 21 brands and more than 9,000 properties, and result in the spinoff of La Quinta’s owned real estate assets into the newly formed CorePoint Lodging Inc., which will hold the distinction of being the only pure-play, publicly traded REIT focused exclusively on midscale and upper-midscale lodging.
It’s Optimism by a Nose in Latest RCLCO Survey
An end-of-year survey finds that expectations remain positive, despite the state of the market cycle, as tax changes continue to loom.
Suburban Boston Office Park Commands $80M
Jumbo Capital and Sound Mark Partners have teamed up for the acquisition of Stony Brook Office Park, four interconnected buildings totaling 270,196 square feet in Waltham, Mass.