Office
San Diego-Area Office Property Trades for $27M
NKF Capital Markets represented the seller, New York Life Real Estate Investors, in the disposition of Centerpoint Plaza in Carlsbad. The 97,823-square-foot, multi-tenant building was 87 percent leased at the time of sale.
Metroplex Momentum in Dallas
The metro’s office market is buzzing with activity, with a large influx of absorption as companies relocate to the region, attracted by one of the most active development pipelines in the U.S.
Deliveries to Test Thriving San Francisco Market
San Francisco’s office market continues to be bolstered by major companies willing to pay a premium to be in the country’s largest tech-driven metro, counteracting smaller players’ shift to less expensive areas.
Growing Demand Shapes Miami
South Florida’s favorable tax environment, affordable cost of living and diverse economy contributes to Miami’s reputation of an ever-growing market.
Opus Debuts Mixed-Use Project in Kansas
Working with developer Tim Barton of OPRE, the company is set to add 125,000 square feet of office and retail space to downtown Overland Park, Kan.
Office Space at NYC High-Rise Commands $135M
A cross-border joint venture led by Deutsche Bank and BLG Capital has acquired the vacant 100,000-square-foot segment of the mixed-use tower at 685 Fifth Ave.
City Office REIT Expands in Metro Phoenix
The Quad, a 1982-vintage asset in Scottsdale, was recently redeveloped as a creative office campus. The property sold for $51 million.
Meadow Partners Renovates Brooklyn Office Asset
The company has embarked on a quest to improve the Helen Keller Services for the Blind headquarters’ elevators, lobby and building systems.
P3 Properties Nabs NJ Office Asset
Related Cos. has sold the 233,000-square-foot Somerset Financial Center in Bedminster, which serves as the local headquarters of specialty pharmaceutical company Mallinckrodt.
Oxford Development Lands Coworking Tenant
Serendipity Labs plans to open its first Pittsburgh location in December, encompassing approximately 25,000 square feet at 3 Crossings in the city’s Strip District.