Office

Somerset Portfolio

Ivy Realty Obtains $41M for NJ Portfolio Purchase

Cushman & Wakefield has arranged the financing, which will also help the borrower rebrand the value-add collection of seven industrial assets.

Karlshoehe Portfolio

Hines Buys German Office Portfolio for $341M

The purchase, which includes 13 buildings and totals more than 295,275 square feet, marks the fund’s second acquisition of its kind in Stuttgart.

Top Loans That Matured in Houston in 2018

According to Yardi Matrix, almost $720.4 million in financing reached maturity last year, making way for recapitalization opportunities worth keeping a close eye on this year.

Featuring 12,000 square feet of meeting, event and workspace in downtown Los Angeles, this property at 777 S. Figueroa St., features an on-site gourmet chef, unlimited snacks and drinks, high-speed Wi-Fi and event planning services

What’s Next in Coworking?

The shared office market has moved from trendy to mainstream. With competition heating up, operators must deliver next-level service to stay in the game.

Phoenix Office Building to Undergo $17M Revamp

New owner George Oliver Cos. will transform CASA, an Uptown property formerly known as Catalina Terraces, into a modern workplace focused on tenant health and wellness.

JLL Adds 2 New Hires to Palm Beach County Office

In their new roles, Brian Cornrich and Merritt Etner will help drive business development and advance the firm’s growth goals in Palm Beach County.

Chiesi USA Relocates to New NC Headquarters

The pharmaceutical company collaborated with Gensler in shaping its new corporate office at the recently completed Regency Woods II in Cary.

Life After Amazon for Long Island City’s One Court Square

Ratings agency DBRS’s new report forecasts outcomes for the property in light of a looming $315 million loan maturity and the 1 million-square-foot vacancy that the e-commerce giant had planned to fill.

Westlake Realty Completes Bay Area Office

The building totals 132,000 square feet and is the second phase of the 1 million-square-foot San Leandro Tech Campus. The first property opened in late 2016.

Savills Studley Makes 2 Promotions in Chicago

Lisa Davidson and Eric Feinberg, who have been with the company for more than 17 years, were named vice chairmen.