Office
JV Plans New Office Building in Philly Sports Complex
Comcast Spectacor and The Cordish Cos. recently announced that they will build Pattison Place, a 200,000-square-foot premier asset adjacent to their Xfinity Live! mixed-use complex.
Transwestern Names New Regional Presidents
Bruce Ford will lead the firm’s eastern operations, while Chip Clarke will be in charge of the commercial services business in the western U.S.
San Jose Office Asset Commands $63M
The Muller Co. teamed up with CIGNA Investment Management to purchase the 104,000-square-foot Century Plaza. Cushman & Wakefield negotiated the deal.
Sumitomo Buys $144M Minneapolis Office Asset
With the acquisition of SPS Tower, a 655,000-square-foot property in the central business district, the company marks its debut in the city.
Purple USA Relocates, Signs New Manhattan Lease
The lifestyle communications and public relations agency will occupy the entire 13th floor of GFP Real Estate’s Chelsea building.
Atlanta Office Asset Commands $58M
The seller, Lone Star Funds, had acquired the 18-story Class A property from U.S. Bank for $47.3 million in 2015.
PCCP Buys Fully Leased SF Asset for $120M
The acquisition of a four-story, 138,000-square-foot property marks the company’s entrance in the Potrero Hill neighborhood office submarket.
Cushman & Wakefield to Lease Miami Asset
Located in Miami’s CBD, 444 Brickell is owned by the Related Cos. The 11-story property links the Brickell and Downtown submarkets.
JV Buys 121 KSF Suburban Dallas Office Building
Pillar Commercial teamed up with Ascent Real Estate Advisors to acquire a Richardson property leased to Hill & Wilkinson, XPS Solutions and Bestway.
KS Partners Buys Boston Office Asset for $30M
Brickpoint Properties sold a roughly 82,000-square-foot building in the Downtown Crossing neighborhood, after owning it for more than 40 years.