Office
Downtown Charlotte Office Trades for $24M
Somerset Properties acquired the recently renovated 129 West Trade. The asset was 63 percent leased at the time of sale, housing a mix of notable tenants.
Brookfield Sells Stake in NYC Portfolio for $1.4B
The company announced the sale of a 28 percent stake in its New York City core holdings, as well as plans to sell another 7 percent by early next year.
Slate Office REIT Snags Chicago Office Building for $156M
The Toronto-based company acquired the 23-story 120 S. LaSalle and also entered into an agreement to sell a group of Water Street properties in St. John’s, Newfoundland for $17.5 million.
Vista Investment Group Snags $28M San Diego Office Park
Built in 1981 and recently renovated, Seville Plaza encompasses more than 140,000 square feet. County of San Diego’s Health and Human Services division anchors the property.
A Closer Look at Detroit’s Office Market
James Becker, principal & managing director with Avison Young, shares his insight on the trends shaping the city’s office market and what makes young professionals choose Motor City over coastal tech hubs.
Preferred Apartment Communities Buys NC Office Tower
The buyer completed the acquisition of Wells Fargo Capitol Center in Raleigh through its subsidiary, Preferred Office Properties. New York Life Insurance Co. provided the financing.
Admiral Capital Buys San Diego Office Building
The Balboa Executive Center comprises 120,992 square feet across five stories and last traded in 2015, when EQ Office purchased the building for $28.3 million.
Lincoln Property JV Buys OC Office Asset
NKF Capital Markets represented the seller, New York Life, in the disposition of 1500 Quail St., a 95,435-square-foot property in Newport Beach.
Breaking Up With Cubicles: A Guide for Investing in Coworking Spaces
Does your physical location matter when it comes to business? This trend continues to influence the real estate market. So what lies ahead for those on the other end of the spectrum?
Downtown Jacksonville Office Trades for $59M
The 23-story building—to be rebranded as VyStar Tower—recently underwent an expansive renovation program that included the addition of a fitness center and tenant lounge.