Office
Bond Collective Enters Houston Market
The coworking firm signed a lease for more than 25,000 square feet at Pennzoil Place, an iconic high-rise in the city’s CBD. Transwestern and Cushman & Wakefield assisted the parties in the deal.
Meridian Group Purchases VA Office Building
The buyer plans to renovate the LEED Gold-certified property, which sits in the Rosslyn-Ballston Corridor and is well connected to the rest of the metro.
Equus Capital Acquires Dallas-Area Office Building
The company purchased a 207,000-square-foot Class A property in Plano, which it plans to renovate and rebrand as Gateway of Legacy.
Bridge Investment Group Acquires DC Office Complex
The 510,200-square-foot office complex in Silver Spring, Md., which comprises three buildings, will undergo a $12 million upgrade.
Law Firm Inks 102 KSF Lease in Atlanta
Cushman & Wakefield arranged the lease for the 125-year-old Atlanta-based global client, in one of 2018’s largest Midtown leases.
Akridge, Stars Acquire 116 KSF DC Property
In their second joint venture, the partners purchased 1025 Vermont Ave. NW from Carr Properties in a $48.5 million transaction.
Steady Performance, Long-Distance Runners
Despite crosswinds, current conditions—including positive trends in household and job formation—favor continued growth for the commercial and multifamily property sectors.
A Year in Review: Chicago’s Office Market in 2018
How did Chicago perform in the last 12 months in terms of office investment and what will 2019 bring? NAI Hiffman’s Executive Vice President Jason Wurtz evaluates the performance of the metro’s office sector.
CIM Group, Golub & Co. Acquire Chicago Tower for $138M
The two longtime joint venture partners added 444 N. Michigan, a 36-story office tower in the heart of downtown, to their Chicago holdings.
Equus Acquires Seattle-Area Complex for $38M
The tech campus is located in the Bothell submarket and consists of more than 200,000 square-feet of office and flex space. Investcorp was the seller in the transaction.