News
Cohesity Relocating to San Jose
The company leased nearly 40,000 square feet of office space at River Park Tower II in San Jose, Calif. Expected to move in the last quarter of the year, Cohesity will occupy the seventh and eighth floors of the building.
Metrogroup Secures Acquisition Financing for OC Asset
The company landed financing for 46 percent of the purchase price. The buyer recognized the property’s potential for value creation, given the nearby $450 million project underway.
Avison Young Adds VP to Its DC Team
Georgiana Condoiu has been working in commercial real estate for a decade and in her new role she will contribute to the expansion of Avison’s capital markets platform across the country.
AJ Manufacturing Doubles Capacity, Moves HQ
The company moved to the Three Trails Industrial Park, a Class A industrial park in southern Kansas City, Mo. AJ also added equipment to its new plant.
AY to Lease, Manage Atlanta Office Building
The company, which currently manages more than 20 million square feet of property across the Atlanta region, has been retained to lease and manage a 10-story 213,000-square-foot office building.
Vista Acquires 82 KSF Mixed-Use Asset in Seattle
The company paid $14.6 million to purchase the property, which is part of the city’s history as Boeing’s first headquarters.
Escondido’s 1st Industrial Project in a Decade Breaks Ground
Badiee Development has commenced construction on Escondido Victory Industrial Park, a 91,000-square-foot project designed by Ware Malcomb and slated for completion in the spring of 2018.
Alterra Worldwide Acquires 520 KSF Mixed-Use Asset
The company plans to complete a $104 million redevelopment of the project, which will include 240 units, a 220-key hotel and commercial space.
CBRE Acquires Retail Asset Consultancy
Based in Paris, Convergences-CVL provides a range of retail property services including strategic planning, transaction execution and property management.
C&W Negotiates Sale of Suburban Office Park
The capital markets team of Mike Davis, Michael Lerner and Rick Brugge represented the seller, DRA Advisors, in the disposition of the six-building asset.