Office
Pinterest Walks Away From Massive San Francisco Pre-Lease
Terminating the deal for the 490,000-square-foot SoMa space brings a $90 million cancellation fee but gives the company freedom to pursue a more distributed workforce post-pandemic.
Why Diversity, Mobility Are Key in Difficult Times
Arcadia Management Group’s Gary Shaw talks about the global health crisis’ effects and sheds light on the do’s and don’ts property managers should keep in mind going forward.
AIG Sells New Jersey Office Asset for $140M
The nine-story building was fully leased to seven tenants at the time of sale.
Realty.com Acquires Houston Office Tower
The online brokerage platform purchased the 20-story building from private investor Manny Khoshbin.
Knoxville CVS Call Center Trades for $10M
Lexington Realty Trust is the former owner of the roughly 60,000-square-foot building.
JV Sells Boston Office, Lab Complex for $330M
Newmark Knight Frank represented sellers Marcus Partners and The Davis Cos. and procured the buyer of the property, which includes the potential for additional life sciences development.
Seasons Healthcare Renews Chicago-Area Lease
The landlord acquired the 179,000-square-foot office building in Rosemont, Ill., in 2017, for almost $18 million.
Miami-Area Office Building Lands $38M Refi
New York Life Real Estate Investors provided the loan for Encore Capital Management’s property within the mixed-use Plantation Walk development near Fort Lauderdale, Fla.
Gaw Capital Affiliate Sells Creative Office Asset in Portland
ScanlanKemperBard and Harbert Management Corp. purchased the Mason Ehrman Building and Annex for $25 million, with plans to add a rooftop deck to the historic property.
Gantry Arranges $13M Los Angeles-Area Office Refi
Principals Adam Parker and Andy Bratt, along with Senior Associate Chad Metzger, secured the loan through First Bank.