News

CrowdStreet Brings Headquarters to Austin

The company is currently working with JLL to secure a location for a move in June.

Harbor Associates JV Pays $92M for Orange County Campus

The property’s previous owner acquired the Class A office asset in 2015 for $108 million.

Google Commits $250M to New York Expansion

The tech titan is boosting its presence in Manhattan as part of a $7 billion nationwide real estate growth plan.

Birch Group Pays $77M for New Jersey Office Portfolio

Spanning more than 411,000 square feet, the three Morristown buildings last traded for $80 million in 2015.

Turnbridge JV Acquires Mixed-Use Long Beach Asset

The new owners are planning to retain all current tenants of the property while pushing forward with a redevelopment strategy.

American Ventures Launches $1B Distressed CRE Fund

The investment manager’s new vehicle will target deeply discounted assets valued at above $50 million.

Columbia Property Trust Gets $2.2B Takeover Bid

A group of investors led by The Sapir Organization made an unsolicited proposal to acquire the office REIT in an all-cash deal.

National Urban League’s $242M Harlem HQ Breaks Ground

The mixed-use project incorporates office, affordable housing and retail space, as well as New York’s first civil rights museum.

Yardi, Altus Group Announce Product Partnership

ARGUS Connector for Yardi Voyager will provide clients with an enhanced view across their portfolios, from leasing activities to scenario planning and forecasting.

Phoenix Market Update: Suburban Assets Lead Activity

Office investment activity in Phoenix totaled $108 million in February, down nearly $30 million from January, according to CommercialEdge data.