Office
Bain Capital Sells Life Science Campus for $255M
The company teamed up with Phase 3 Partners to sell the 314,000-square-foot, Class A property in San Diego to a REIT.
Washington Capital Acquires Bethesda Office Property for $45M
The 1964-constructed building received a full renovation in 1997 and an Energy Star certification in 2010. A diverse set of tenants currently occupy 96 percent of The Fairmont Building.
Charleston Opportunity Zone Office Project Breaks Ground
Hunt Real Estate Capital is providing equity financing for the development of a 92,000-square-foot building, slated for completion in late 2020.
Cushman & Wakefield Lands South FL Leasing Assignment
The three-building, Class A office campus includes more than 350,000 square feet in Fort Lauderdale, Fla. The owner plans to invest in amenity upgrades.
Tishman Speyer Launches Life Sciences Platform
In a partnership with Bellco Capital, the company formed Breakthrough Properties, which will acquire, develop and operate life science properties around the world.
Berkadia Arranges $50M Refi for New Orleans Tower
Working on behalf of Stirling Properties, owner of the 674,000-square-foot Pan American Life Center, the firm orchestrated a 10-year fixed-rate loan through Wells Fargo.
Glassdoor Doubles Up on Chicago Office Space
The popular jobs and recruiting site signed a long-term lease for 52,000 square feet at Trammell Crow Co.’s development in the city’s West Loop submarket.
Rialto Relocates to Florida’s Tallest Office Tower
The investment and asset management platform leased 46,750 square feet at Southeast Financial Center, a 55-story Class A building in downtown Miami.
Jacksonville Office Campus Commands $52M
A joint venture between Somerset Properties and Ten Capital Management acquired the three-building business park. CBRE assisted the seller in the transaction.
Northern Virginia Flex, Office Portfolio Trades for $44M
Minkoff Development purchased the five-building, 317,800-square-foot asset from Maguire Hayden Real Estate Co. The properties are part of the Avion Business Park, just south of Dulles International Airport.