News
Donahue Schriber Continues Expansion in Bay Area
Who says retail is a lagging CRE asset? Donahue Schriber Realty Group reportedly shelled out $111 million for Village Oaks Shopping Center in San Jose.
Economy Watch: U.S., World Metro Areas’ Economic Growth Vastly Uneven
The world’s 300 largest metropolitan economies accounted for nearly half of global output in 2014.
Ecoventures Wraps Year’s 2nd-Biggest Apartment Buy
CBRE Group has recently announced the sale of Sun Lake Apartment Homes in Lake Mary, Florida. Ecoventures Capital Fund, LLC acquired the 600-unit luxury apartment community for $66.25 million from a Harbor Group International affiliate that originally purchased the homes in 2012.
Assurex Stays in Mason, Plans 60 KSF HQ
Assurex Health announced last Thursday that it will remain in Ohio, despite offers from five other states. The precision medicine company will build a new headquarters and clinical laboratory in Mason.
CBRE Negotiates Sale of 7-Acre Miami Development Site
CBRE has orchestrated the sale of a prime parcel of land in downtown Miami, reeling in $8.7 million per acre.
INTERNATIONAL: World Class Land Launches Tallest Residences in Southern Hemisphere
In case you haven’t heard, a new addition to the stratosphere of luxury real estate will soon rise in Melbourne’s Southbank.
Transwestern/RBJ Helps Create Largest Biotech Campus in Boston Suburb
Transwestern | RBJ has brokered a 202,492-square-foot lease at Two Ledgemont Center in Lexington, Mass., on behalf of a biopharmaceutical company looking to expand.
MEPT, Bentall Kennedy Go Shopping in Boston
Showing “strong interest and confidence in the Boston market,” Multi-Employer Property Trust has acquired nine assets in three separate transactions in Boston totaling $250 million.
Pro Transport Plans Move to New Locations within Baltimore Crossroads
Pro Transport, Inc. is moving to a new building within the Baltimore Crossroads business community. The privately owned transportation and logistics company has recently signed a lease with St. John Properties, Inc. for 51,120 square feet of space at 11630 Crossroads Circle.
Inland American Pays $52M for Quebec Square Shopping Center in Denver
Inland American Real Estate Trust, Inc. recently announced the purchase of the Quebec Square shopping center in Denver, Colorado, at a cost of $52.25 million.