Office
Miller Global Properties Sells Portland Office Building
CBRE Global Investors paid $76.6 million for the eight-story property which is located in the Pearl District, one of the city’s high-profile submarkets.
CIT Group Provides $29M Loan for Boston-Area MOBs
Chestnut Healthcare Partners is the new owner of the buildings. Signature Healthcare Brockton Hospital and Anna Jaques Hospital occupy the two assets.
Avison Young Boston Adds New Principal
Industry veteran Bill Crean will focus on office tenant and landlord representation. He most recently served CBRE\New England as senior vice president.
Manhattan Office Deal Tops SL Green’s Big Day
The office REIT’s biggest news was its entrance into the hot Hudson Yards market, with the purchase of a $440 million property located at 460 W. 34th St.
TMG Partners, KKR Buy 24-Story Oakland Tower
The transaction marks the third change of ownership for 1221 City Center, an iconic office property in the central business district, over the past six years.
Meridian Group JV Buys Downtown DC Office
In a partnership with WeWork Property Advisors affiliates, the company plans to renovate 1333 New Hampshire Ave., a building where WeWork intends to lease 100,000 square feet.
Microsoft Vendor Relocates Portland HQ
Jet Global now occupies 30,000 square feet in a newly renovated, adaptive reuse building closer to the city’s core. The move is part of Jet Reports’ rebranding process.
Goldman Sachs Acquires Portland Office Asset
The $25.7 million sale price is twice the amount paid in 2013 by the building’s previous owner, Melvin Mark.
Denver Office Building Changes Hands for $13M
The Church Ranch Office Building II was built in 2000 and renovated in 2017. The office property is fully leased to Staples Inc.
Ware Malcomb Completes FL Mixed-Use Building
Working on behalf of CGI Windows and Doors, the firm provided architectural services for the company’s new 325,000-square-foot facility in Hialeah.