Office
Lincoln Property JV Snags Historic SF Office Property
The firm purchased 332 Pine St. in a partnership with Rockwood Capital. The nine-story property comprises 51,522 square feet and last traded in 2014 for $22.2 million.
JV Celebrates Milestone for 4.2 MSF DC-Area TOD
The Meridian Group and Kettler have topped out on the structures comprising the 1.7 million-square-foot first phase of the transit-oriented development in Tysons, Va.
KAMCO, 90 North Buy $75M Ohio Office Complex
In one of the city’s biggest deals this year, the firms completed the acquisition of two office buildings fully leased by the Cincinnati Children’s Hospital for use as its Operations Center through 2032.
Rising Rates Fuel Steady Growth in Austin
Although the city’s rapid upswing is starting to come down to earth, the metro’s office market benefits from strong job gains, high occupancy and a moderate pace of development.
CREC Sells Orlando-Area Boutique Office
Heathrow International traded for $10 million, more than double the purchase price of $4.2 million the company paid for the asset five years ago.
EverWest, CenterSquare Sell Phoenix Office Campus
With the sale of The Madison, a 177,312-square-foot Class A property, EverWest’s transaction and renovation push in the metro over the past 24 months reached $165 million.
Turner Kicks Off Construction of Ziraat Bank HQ in Istanbul
The general contractor expects to complete the 4.6 million-square-foot campus, located in the heart of the Istanbul International Financial Center business district, in 2021.
KKR Acquires Office Development in Oakland, CA
TMG reportedly sold the 320,000-square-foot downtown building at 1330 Broadway for more than $173 million, and will continue to provide onsite property and asset management on behalf of the new owner.
JLL to Lease Ashford Portfolio in Houston
The Mission Cos. selected the team of Scott Fikes and Jack Russo to handle leasing efforts for the properties located in the city’s Energy Corridor.
The Koll Co. Buys 65 KSF CA Office Asset
The firm has added to its portfolio an office building located between Riverside and Orange counties. CBRE worked on behalf of the seller, UBS Realty Investors.