Office
PCCP JV Grabs Former NJ Johnson & Johnson Campus
The corporate campus spreads across 66 acres in Morris Plains, N.J., and two out of three buildings are awaiting redevelopment into high-tech office, lab and light industrial space.
Former Haliburton Office Campus in Houston Changes Hands
Situated in Westchase District, the 48-acre property comprises 568,000 square feet of office space, a daycare center, parking garage, a fitness facility and a central plant.
Allen Morris Co. Arranges 56 KSF Lease at Upcoming Atlanta Mixed-Use
The IWG-owned Spaces will occupy two floors at Star Metals Offices, as well as a 5,642-square-foot ground-floor reception area and a private business club.
Harbor Associates, Ascentris Acquire San Diego Office Property
The Class A Pinnacle comprises 110,110 square feet across five stories and was purchased from BioMed Realty for $31.2 million.
Charlotte Office Park Scores $119M Refi
Constructed between 2001 and 2008, the six Class A buildings are 95 percent occupied, with a tenant roster including Selective Insurance, Crown Castle, Heartland Payment Systems and TIAA-CREF.
Industrial Dominates Net-Lease Sales
Despite a dip since the fourth quarter of 2017, the industrial sector led single-tenant sales volume for the third time in a row during the first quarter, reaching $5.5 billion.
Meridian Sells CA Office Building
The buyer, Phase 3 Real Estate Partners of South San Francisco and San Diego, paid $39.5 million for the multi-tenant asset.
Buchanan Street Partners Buys $28M Las Vegas Office Portfolio
The four buildings within Green Valley Corporate Center North are approximately 65 percent occupied. The new owner will increase income by marketing the vacant spaces within the offices.
How Office Spaces Activate Mixed-Use Developments
Adam Felson, principal at officemorph, talks about the main trends in workspace development as well as what aspects need to be considered when working on mixed-used projects with office components.
PEBB, Tortoise Acquire Fully Leased FL Office Asset
Cushman & Wakefield negotiated the transaction on behalf of seller RAIT Financial Trust and arranged $28.6 million in acquisition financing on behalf of the buyer/borrower.