Office
Cerberus JV Acquires Bucharest Office Campus
The Landmark is the only office campus of its size in north Bucharest, with nearly 250,000 square feet of leasable space, as well as additional retail space.
Manatt, Phelps & Phillips Expands Chicago Office
The law firm will move into 11,000 square feet of custom, high-tech office space at the John Buck Co.’s CNA Center in the Loop.
R2 Cos. Buys 525 KSF Midwest Creative Office Portfolio
The real estate investment firm acquired the collection of 11 buildings, located in Minneapolis and Milwaukee, from Sara Investment Real Estate in a $60 million transaction.
International Shipping Company Relocates Houston Office
Mediterranean Shipping Company has signed a 33,713-square-foot office lease at Concourse at Westway, in the city’s West Belt office submarket.
Twitter Signs 215 KSF Lease Extension in NYC
Columbia Property Trust secured the social media company’s lease for another five years. This location marks Twitter’s second-largest headquarters after San Francisco.
Crystal City’s Courting of Amazon’s HQ2
The Northern Virginia locale would see a boon to its office and retail real estate markets should the e-commerce leader’s multibillion-dollar second headquarters come to town.
Parallel Capital Sells 12-Property San Diego Portfolio
The 319,000-square-foot group of office and laboratory buildings will undergo a repositioning program to further accommodate the growing demand for life sciences space.
Douglas Development Buys $12M MD Office Property
Transwestern represented the seller in its disposition of 116 Defense Highway, an 81,931-square-foot building that was 70 percent leased at the time of sale.
Monday Properties Buys 206 KSF DC-Area Asset
The company purchased a 12-story office building in Arlington, Va., located within walking distance of the amenity-rich Shirlington Town Center.
Hiring Trends Buoy Suburban Rent Growth
Transwestern’s Jim Cardellicchio offers his perspective on why office and industrial properties outside of urban hubs are becoming increasingly attractive to investors and lenders.