Office

Merritt Properties Acquires Baltimore-Area Office Asset

The company plans to fully upgrade the Hunt Valley building, which was previously the home to McCormick & Co., and have it LEED certified by 2021.

Investcorp, Schnitzer West Sell Denver Office Portfolio for $78M

The two Class A office buildings previously traded in 2016 for a little over $60 million.

Easterly Buys Orange County Office Property

The Class B asset, home to one of U.S. Citizenship and Immigration Services asylum centers, traded for more than $36 million.

CIM Group’s Austin Buying Spree

The firm adds to its substantial holdings in the Texas capital, with the purchase of a 270,000-square-foot office and industrial portfolio.

CRE’s Perceptions of Coworking

More than 550 key executives participated in Cushman & Wakefield’s latest survey on flexible office space.

Longfellow Real Estate Partners, through its Longfellow Strategic Value Fund, earlier this year purchased a 1.3 million-square-foot life science portfolio consisting of 18 buildings in the Research Triangle area of North Carolina. Bain Capital Real Estate sold the bundle of properties in an approximately $405 million deal. Image courtesy of JLL

Life Sciences Generates Abundant Opportunities for CRE

Innovation and demand for specialized space are spurring a wave of development, investment and dealmaking.

Buzz Oates Sells Sacramento-Area Office Building

The company traded the 102,750-square-foot Natoma Station Corporate Center for nearly $24 million.

Repositioned Raleigh Office Asset Trades for $18M

The Simpson Org. sold the nearly 92,000-square-foot building three years after acquiring the property and investing in capital improvements.

BMW Extends Ford Motors Building Stay

The German car manufacturer will continue to occupy the entire second, third and fourth floors. JLL negotiated the deal on behalf of the landlord.

Denver Capitol Hill Projects Get $25M in Financing

LCP Development is renovating an office property and developing a residential building on Grant Street.