Office
Laurus Buys 25-Story Office Tower in Baltimore’s CBD
Los Angeles-based private real estate investment and development firm Laurus Corp. has purchased its first Baltimore office building with the acquisition of 294,274-square-foot 36 S. Charles St.
Mitsui Fudosan Develops 202 KSF Office Property in San Francisco
Looking to take advantage of the hot tech market in San Francisco, Mitsui Fudosan America has formed a joint venture with SKS Partners to develop a 202,000-square-foot Class A, speculative office building at 270 Brannan St. near Second Street in SOMA’s historic South Beach district.
Rockpoint, Fisher Bros. Buy 50% Stake in 2 NYC Office Towers Totaling 3 MSF
Fisher Brothers now has a new partner in the ownership of 1345 Avenue of the Americas and 605 Third Ave., two Class A office high-rises totaling 2 million square feet in Midtown Manhattan.
Federal Capital Partners Pays $61M for 184 KSF Office Property in DC Suburb
One Preserve Parkway, a seven-story, 183,667-square-foot trophy office tower in Rockville, Md., has been acquired for $61 million by Federal Capital Partners.
Healthcare Trust Buys 8-Property Medical Office Buildings for $141M
Healthcare Trust of America closed out 2013 with a total of $398 million in investments in medical office properties, including an eight-property portfolio purchase for $141 million.
Lori Mason Curran: Evolving South Lake Union
Lori Mason Curran, Vulcan Inc.’s investment strategy director for real estate, talks about how South Lake Union continues to evolve.
Related Beal Buys 4-Building Property in Boston from Fidelity Investments
Related Beal has bought the 343,000-square-foot The Block on Congress from Fidelity Investments in a sale-leaseback transaction that allows the new owner to make plans for the near future.
Brookwood Buys 360 KSF Office Property in Dallas
Brookwood Financial Partners has acquired Heritage Square I & II, a two-building, multi-tenant office property in Dallas.
Michael Ippolito: Workplace Changes Not Likely to Lead to Increased Office Vacancies
Las Vegas–Michael Ippolito, chairman, Global Corporate Services, of Newmark Grubb Knight Frank, argues that workplace mobility, shared work spaces and other such workplace trends are unlikely to shrink the overall demand for office space.
Liberty Property Trust Closes $368M Sale
Liberty Property Trust has closed on the sale of 49 properties totaling 4 million square feet of space and 140 acres of land for a total of $368 million.