Office
GIC Buys Beijing Office Skyscrapers for $1.1B
Singapore’s sovereign wealth fund purchased LG Twin Towers, two skyscrapers totaling 1.5 million square feet, from South Korean conglomerate LG Group.
JLL Income Property Trust Pays $62M for Phoenix Office Buildings
The two properties were recently renovated in a $4.5 million capital improvement plan.
Dallas Office Project Welcomes 1st Tenant
Highlands Residential Mortgage leased some 26,000 square feet for its new corporate headquarters.
Northern Virginia Office Campus Trades for $47M
Acting on behalf of MRP Realty, Newmark Knight Frank orchestrated the sale of two office buildings in a Washington, D.C., suburb.
Lincoln Property Closes Atlanta Lease Renewal
Nextel South Corp. occupies a full floor at RealOp Investment’s four-building office park.
Novel Coworking Opens New Virginia Location
The flexible space provider’s new Norfolk facility spreads across four stories in the city’s downtown.
Federal MOB Portfolio Receives $703M Financing
Gantry arranged a $373 million construction loan and $330 million permanent loan for six medical clinics that will be built in three states.
DC Office Portfolio Scores $31M Loan
Savills represented the borrower and secured a 10-year CMBS mortgage from Bank of America.
TIAA Sells Stake in European Office Venture for $682M
CBRE Global Investment Partners purchased the 25 percent interest in the Cityhold Office Partnership, which owns a $2.7 billion portfolio in several European markets.
South Florida: Entrepreneurial Epicenter
JLL’s Matthew Cheezem discusses the region’s office markets and sheds light on unfolding trends.