Office
MOB Sector Keeps Thriving
Demand for the specialty product is likely to stay robust for the long term, Marcus & Millichap predicts in a new report.
Coworking Company Enters Charlotte With 23 KSF Lease
Serendipity Labs will occupy the top floor of The Refinery, an upcoming Class A office building just outside of uptown.
On the Market: 5 Interesting Listings for August
This month’s listings include several modern office buildings on the West Coast; a top-of-the line medical center in Fort Wayne, Ind.; and a recently completed retail center in Kennewick, Wash.
REI Refinances Indianapolis Office Tower
The 27-story downtown building landed a fixed-rate loan from Nationwide Real Estate Investments, with HFF spearheading efforts for the borrower.
Colony Capital Inks 29 KSF Atlanta Office Renewal
Bank of the Ozarks will continue to occupy its space in the Class A building, which the owner began renovating last year.
Dominion Realty, Blue Vista Snag SC Office Park
Synergy Business Park comprises four buildings totaling roughly 315,000 square feet. This purchase marks the 18th property in the company’s office portfolio across North Carolina, South Carolina and Virginia.
Silicon Valley Office Asset Lands 300 KSF Tenant
Federal Realty Investment Trust signed software company Splunk Inc. to a 319,000-square-foot lease in its new Class A building, scheduled to open in 2019.
HHSC Headquarters Breaks Ground in North Austin
The project features the addition of a nine-story office building and a multi-level parking garage. By retiring previous leases, the state is expected to save about $8 million a year.
BofI Federal Bank Expands San Diego Office, Rebrands
The company will occupy two penthouse floors at Pacifica Tower, which haven’t been on the market since three decades ago, this time under the name of Axos Bank.
Beacon Partners Lands 178 KSF Charlotte Office Asset
The Class A property’s tenant roster includes Elliott Davis, CB&I, Lennar Multifamily Communities, Guggenheim Real Estate and Hood, Hargett & Associates.