Office
Lincoln Eyes Long-Term Upside in $76M Orange County Buy
Lincoln Property Co. has snapped up the Towers at Bella Terra, a 420,000-square-foot office and retail complex in Huntington Beach, Calif., in a $76 million cash transaction green-lighted by the state Superior Court.
SL Green Markets, Sells NYC’s 292 Madison for $85M
It’s been a busy week for SL Green Realty Corp., which, in perhaps its biggest news, signed a deal to sell the leased fee interest at 292 Madison Ave. for $85 million.
Washington is Top Investor Choice Again as Tough 2012 Looms: PwC/ULI Survey
Survey participants predict that 2012 will see more properties for sale but diminished buyer enthusiasm.
Dostart Development, Rockwood Capital Sign 340 KSF Silicon Valley Office Lease
Dostart Development Co. L.L.C. and Rockwood Capital L.L.C. have secured a big tenant for its office project in Mountain View, Calif., signing Synopsis Inc. to a 340,000-square-foot lease.
WTC: 10 Years Later
CPE takes a look at changes the industry has made in the 10 years following the Sept. 11, 2001, terrorist attacks and how rebuilding of the World Trade Center site is coming along.
Kennedy Wilson: $1.8B U.K. Deal ‘Is Our Largest’
Kennedy Wilson makes its biggest splash ever in the loan-acquisitions game with an agreement to acquire a performing portfolio from Bank of Ireland for a whopping $1.8 billion, with an eye toward continuing to acquire in the United Kingdom.
Muted Growth in Office Property Gives a Tepid Outlook
A new report by Jones Lang LaSalle points to a marginal improvement in third-quarter 2011 commercial real estate markets both domestically and abroad — but warns that continued economic uncertainty could signal a slowdown.
Kennedy Wilson Closes $111M Purchase of Three L.A.-Area Buildings
Kennedy Wilson has completed the second phase of a $143 million Los Angeles-area office portfolio with the closing of the purchase of three of the five assets for a total of $111 million for an aggregate 500,000 square feet.
Why Blackstone’s $1.1B Bet Goes Against the Grain
The Blackstone Group’s $1.1 billion acquisition last week of a suburban office portfolio from Duke Realty Corp. challenges conventional wisdom on multiple fronts — and departs from the standard approach of grabbing core office product in a handful of markets.
Breaking News: Blackstone Buys a Billion
Blackstone has just spent $1.1 billion on an 82-building, 10.1 MSF portfolio, buying suburban office assets in seven markets across the Midwest and South from Duke Realty Corp.