News
Boca Raton Office Asset Commands $39M
The four-story 301 Yamato features a wide array of amenities including executive suites, on-site banking and 24/7 manned security.
Nazareth Snags $16M Silicon Valley Industrial Asset
The two flex buildings total 180,000 square feet, making the company one of the single-largest landlords in Morgan Hill, Calif.
San Diego Office Complex Gets 2 New Tenants
JLL arranged two leases at Scripps Plaza, a two-building office campus in San Diego. The asset is located next to the Scripps Ranch Marketplace, and recently underwent renovations to expand its amenities and parking.
C&W Arranges $72M NorCal Retail Sales
Argonaut Investments, Hastings Ranch Shopping Center and Victory Village 2004 snagged three shopping centers in Rohnert Park, Fresno and Pinole.
Boston Properties Buys NJ Office Asset
The company added another 96,000 square feet to its Princeton, N.J., inventory with the acquisition of a Class A office asset located within the 560-acre Carnegie Center. Cushman & Wakefield brokered Mack-Cali Realty Corp.’s $16 million sale of the asset.
Economy Watch: State Unemployment Rates Mostly Flat in June
Thirty-eight states and D.C. had stable unemployment rates for the month, while 10 states saw decreases and two states saw increases, according to the latest Bureau of Labor Statistics report.
LaSalle Nabs RH Asset in Atlanta’s Buckhead
The six-story 63,831-square-foot retail which opened in 2014 has enabled Restoration Hardware to showcase their full product line and has provided flexibility as the company continued to innovate its store configuration.
Hersha Sells 3 Hotels, Acquires Westin Philadelphia
The company disposed of a portfolio consisting of three Hyatt House hotels, located in California and Arizona. The 294-key Westin Philadelphia is part of the Liberty Place mixed-use complex that also features office, retail and residential.
Velocis Adds to Its San Antonio MOB Portfolio
The private equity real estate manager acquired the Legacy Oaks medical office complex through its Velocis Fund II.
Meridian Arranges $21M Refi for NYC Property
The eight-story mixed-use asset features four commercial units and 20 luxury apartments and is in close proximity to the Subway Line 1 at Houston Street.