Office
Construction Outlook Calls for Continued Momentum
Potential risks to the industry, including ongoing tariffs and rising costs, are expected to be offset by the generally strong U.S. economy in 2019, at least in the first half, JLL reports.
Transwestern Secures 187 KSF in Leases Near Dallas
AT&T, DXC Technology Co., Generational Equity and Common Desk drive leasing at a new recently completed office building in Richardson, Texas.
Taurus Investment Trades Orlando Office Campus
The $33.5 million sale includes three Class B buildings totaling nearly 200,000 square feet. The seller purchased the asset in 2016 for approximately $17 million.
Indianapolis Office Commands $32M
Tryperion Partners purchased the recently developed, 137,000-square-foot asset, home to Allied Solutions’ headquarters, with Morgan Stanley providing more than $17 million in acquisition financing.
Morning Calm Trades 240 KSF South FL Business Park
The campus contains Class B office space spread across four buildings, developed between 1987 and 2000 and renovated between 2015 and 2018.
New Class A Office Project Coming to East Austin
Bart Whatley with Delineate Studios designed the project. Ben Tolson, Bethany Perez and Seth Stuart with AQUILA Commercial will handle the leasing process for the property.
Optimus Properties Acquires LA-Area Office
The one-story structure 20 miles south of central Los Angeles contains more than 60,000 square feet. The county government is the only tenant the building.
JLL Closes $280M Loan for Brooklyn Redevelopment
AIG provided a 15-year loan to a partnership between Midtown Equities and HK Organization for Empire Stores, a 443,000-square-foot office and retail property.
Google Inks 362 KSF Lease in Boston
The internet giant signed a 15-year lease at Boston Properties’ 325 Main St. redevelopment project in Cambridge, slated for completion in 2022.
JV Acquires 387 KSF Office Portfolio in NC
An HFF team assisted the seller in the disposition of Mendenhall Business Park, a six-building property in the Piedmont Triad Airport submarket of High Point, N.C.