News
Strategic Partners to Develop $60M Industrial Park
The investment group closed on one of the largest remaining parcels of land in the Research Triangle Park, where it intends to build the 96-acre Patriot Park.
KBS REIT Trades MA Office Facility
Jumbo Capital Management and Boston Andes Capital are the new owners of Rivertech Park, a two-building property located in Billerica, Mass.
Houston 186-Acre Medical District Lands First Partner
CHI St. Luke’s Health partnered with The Signorelli Co. for Vivacity, a 186-acre medical and wellness district northeast of Houston, which is part of Valley Ranch, a 1,400-acre mixed-use development.
HFF Closes $29M Portland Office Sale
The Class A office building comprises 109,725 square feet, of which 4,000 square feet are retail space. Sixth at Yamhill first traded in 2014, when JB Matteson sold the asset for $21.1 million.
EDF Relocates Houston Office to 601 Travis St.
CBRE and Colville Office Properties represented the two parties in the lease agreement. Other tenants at 601 Travis St. include Dynegy, Bank of New York Mellon and NextEra.
HFF Arranges Houston Industrial Portfolio Sale
HFF facilitated the exchange of two properties, comprising three infill, warehouses totaling 101,635 square feet, in two primarily industrial submarkets.
CBRE to Lease Redeveloped Houston Office Towers
CBRE’s Warren Savery and Jason Presley will spearhead leasing efforts at the LEED Gold-certified buildings, known as Park Towers North and South.
Goldman Sachs Scores $67M Industrial Portfolio
The four-buildings located in the Baltimore-Washington Corridor mount up to 650,000 square feet. The transaction marks the second largest deal Cushman & Wakefield completed in the past week.
CBRE Pays $97M for Stamford Towers
SL Green and TH Real Estate sold the two buildings after completing a series of significant upgrades that involved building a new fitness center, basketball court and conference facility.
Hilton Expands NYC Footprint
The iconic ONE UN New York has relaunched as Millennium Hilton New York One UN Plaza, following a multimillion-dollar renovation. The hotel will be the seventh New York City property managed by Hilton Hotels & Resorts.