Office
Coworking Offerings Multiply in San Diego
Cushman & Wakefield’s latest study for the San Diego market finds that there are 1.5 million square feet of coworking spaces across 107 locations and more facilities are underway.
Credit Suisse Acquires Austin Office Tower
A partnership of TIER REIT, Invesco and Cielo sold the Class AA asset located in the downtown area. The 29-story property came online earlier this year.
Prime Silicon Beach Office Building Recapitalized
Olive Hill Group has partnered with Artemis Real Estate Partners on a roughly 113,000-square-foot creative office asset in downtown Santa Monica, Calif.
Armada Hoffler to Buy Baltimore Asset for $101M
The REIT will acquire Thames Street Wharf, a trophy office tower along the waterfront in the city’s popular Harbor Point development, from KBS.
DivcoWest JV Sells San Jose Office Asset for $230M
Completed in 1989, the 350,000-square-foot Class A tower last changed hands in late 2015, when it traded for $165.5 million.
Büro Expands, Opens Miami-Area Coworking Space
The sixth location of the coworking company is a newly renovated 16,000-square-foot space located in historic downtown Hollywood. The building can accommodate more than 50 companies.
Global Holdings Lands $340M Refi for Manhattan Asset
The Crédit Agricole loan will be used to retire an existing $320 million financing from Bank of America, which was taken out four years prior.
CBRE to Handle Leasing for Metro Miami Office Building
Senior Vice President Chris Gallagher and First Vice President Peter Messina will manage leasing at the Class A, 64,431-square-foot facility in Miramar.
Seattle Office Portfolio Receives $135M Refi
Located in the Belltown neighborhood, Martin Selig Real Estate’s Fourth & Battery, 333 Elliott West and Third & Battery total roughly 400,000 square feet.
Taconic Capital Lands 372 KSF Tenant in Dallas
The health-care company will occupy International Plaza I in Farmers Branch, one-half of a two-building office campus, in its entirety.