Office
Clarion Partners Completes $135M Seattle Office Purchase
Kilroy Realty sold the property seven years after acquiring it from HAL Real Estate for more than $100 million.
Opus Buys Target Campus in Minneapolis
The company plans to convert the asset into a multi-tenant office property and include additional amenities into the space by spring 2019.
Brokers Predict Positive CRE Market in 2019
Participants in Transwestern’s new sentiment survey weigh in on what the New Year will bring for the office, medical office and industrial sectors.
Oxford Properties Acquires Australian Office Fund for $2.4B
The real estate arm of OMERS purchased 19 office assets in Sydney, Melbourne, Brisbane, Perth and Canberra from Investa Property Group. Oxford and Investa will manage the portfolio jointly.
Top 10 Office Completions in Los Angeles
Inventory is expected to grow by 2 million square feet by the end of 2018, with significant additions in the CBD, Hollywood and Jefferson Corridor submarkets.
Google Unveils $1 Billion Manhattan Campus
The tech giant announced it will occupy 1.7 million square feet at three locations in the Hudson Square neighborhood to create Google Hudson Square.
Cleveland Office Tower Receives $100M Refi
Located in the waterfront district of the city, the 23-story Ernst & Young Office Tower features 465,000 square feet of leasable space.
Clarion Partners Acquires $282M NYC High-Rise
The Midtown Manhattan office building recently underwent $30 million in capital improvements. Newmark Knight Frank represented the seller, Blackstone’s EQ Office affiliate.
U.S. Bank Sells NoVa Office Property
The bank sold the approximately 67,000-square-foot Class B building for $10 million, having taken control of the asset through a foreclosure in mid-2017.
Savanna Buys, Repositions Manhattan Asset
The 126,256-square-foot office property will undergo a $21 million capital improvement program that will include upgrades to the lobby, roof, facade and seventh-floor vacant space.