Office
Waterman Interests, USAA Real Estate Sell NYC Towers for $138M
The partners owned the two office buildings in Manhattan’s Midtown West neighborhood for four years. Qatar-based Alduwaliya is the new owner of the nearly fully leased assets.
Las Vegas Office Asset Changes Hands for $20M
The 58,950-square-foot Crossing Business Center VII previously traded less than a year ago, when Moonwater Capital purchased it as part of an $82.8 million, seven-building portfolio transaction.
Denver Trophy Tower Lands $220M Loan
HFF worked on behalf of Hines and its equity partner to secure the permanent financing for 1144 Fifthteenth St., the city’s first high-rise office development in more than 30 years.
Top 5 Office Developments in San Antonio
The largest project is nearing completion in the city center, which will soon give downtown its first major office delivery in 30 years.
Denver Office Building Changes Hands
Stabilis Capital Management sold Monaco Tower after holding it for five years. The property is located within 7 miles of downtown.
Urbanspace Buys The Independent’s Entire Ground Floor
The acquisition marks the company’s 20-year presence in Austin and also launches them into the neighborhood coffee shop and bar business.
Top 10 Office Transactions in Atlanta
Transaction activity during the first five months of 2019 was dominated by suburban office properties. The Buckhead, Galleria and Alpharetta submarkets attracted the most investor interest.
East Bay Office Asset Sells for $115M
CIM Group was the seller of the 10-story Class A building, which last traded more than a decade ago as part of a portfolio deal.
Cushman & Wakefield Arranges Sale of WPB Office Building
SF Partners sold a 43,433-square-foot property for $8.5 million. At the time of the sale, the asset was almost fully occupied.
Fallon Co. Pre-Leases 125 KSF for Raleigh Tower
Pendo, a tech startup, will move its headquarters to the Class A office building, part of the Fallon Co.’s planned mixed-use development in downtown Raleigh.