Office
Starwood Capital JV Buys 650 KSF Office Campus
The company has teamed up with Trinity Capital Advisors and Vanderbilt Partners to acquire and renovate Park Point at Research Triangle Park in Raleigh, N.C.
Liberty Property Trust Sells Philly Office Asset for $99M
The University of Pennsylvania’s health system, the property’s sole tenant, bought the Center City tower in a reportedly record-breaking deal.
Savills Facilitates Lease Renewal for Chicago Architecture Firm
Robert Sevim, Eric Feinberg and Joe Learner worked on behalf of Skidmore, Owings & Merrill, while JLL represented the landlord. SOM occupies three floors in the Railway Exchange Building.
Premier NJ Office Building Sells for $36M
Hartz Mountain Industries disposed of the 118,000-square-foot property. The American subsidiary of a Japanese pharmaceutical company occupies the three-story asset.
New York Life REI Partnership Sells Bay Area Office Building
The buyer is planning interior and exterior improvement to the roughly 160,000-square-foot One Bay and has selected Cushman & Wakefield to handle the leasing.
“Darth Vader Building” in Downtown WPB Sells for $98M
CBRE brokered the sale of the Class A, 294,000-square-foot office tower that last traded in 2016. Northbridge Centre underwent complete renovations worth $15 million.
Investcorp JV Sells Seattle Office Tower for $305M
The Bahrain-based firm, along with Schnitzer West, sold the Class A asset in the city center to Vanbarton Group after three years of ownership. The 41-story building is fully occupied.
Freedom Solar Relocates, Expands HQ
The solar power provider’s new 20,000-square-foot headquarters, located at 4801 Freidrich Lane, is 8,000 square feet larger than the previous space.
Cawley Chicago Facilitates 3 Office Leases in the O’Hare Market
The transactions total 17,432 square feet, with architecture and engineering firm Kellermeyer Godfryt Hart and distribution company RelaDyne occupying the largest spaces.
EQ Office Grows Seattle Footprint in $1.2B Deal
The company acquired two 1980s-vintage, Class A office towers and plans to reposition them. The move more than doubles the firm’s square footage in city.