Office
Albuquerque-Area Office Asset Changes Hands
This is the first time the 45,000-square-foot Rio West Business Park in Rio Rancho, N.M., changed ownership since 2005.
Onni Group Lands $550M Loan for Miracle Mile Asset in LA
The Canada-based company bought 5700 and 5750 Wilshire Blvd., also known as Wilshire Courtyard, from Tishman Speyer for $630 million.
Kilroy Realty Receives $18M for Office Asset
Majestic Asset Management is the new owner of the roughly 84,000-square-foot, three-story building in Thousand Oaks, Calif., which underwent major renovations in 2011.
Tampa Office Building Commands $52M
The Class A, 217,022-square-foot asset in the Westshore Business District underwent complete renovations worth $2.5 million in 2015. Cushman & Wakefield assisted the seller in the disposition.
Nuveen, Crescent Communities Buy Charlotte Office Tower
The joint venture acquired 101 North Tryon, a 546,878-square-foot property in the central business district that was renovated last year.
Strategic Real Estate Acquires NJ Office Complex
The company received a $53.6 million loan to purchase the more than 320,000-square-foot asset in Morristown. The building counts Travelers Insurance among its tenants.
Ventas Reveals $800M in Projects for Research & Innovation Business
The four university-related developments, totaling 1.3 million square feet in Pittsburgh, Philadelphia and St. Louis, are part of a $1.5 billion construction pipeline with Wexford Science & Technology.
Dallas Office Campus Changes Hands
The nearly 170,000-square-foot property is located across from the Dallas Midtown redevelopment site at the Valley View Mall, where two major mixed-use projects are planned.
Ares Management JV Buys Boston Office Property for $110M
The company has teamed up with Accordia Partners to acquire 2 Morrissey Blvd., a five-building campus offering 425,000 rentable square feet.
Cushman & Wakefield Brokers $36M Business Park Sale in Jacksonville
Senior Director Karl Johnston of the company’s Capital Markets Group, along with leasing representative Senior Vice President Mark Scott of Foundry Commercial, arranged the deal on behalf of the seller.